BNB/USDT 8H (Binance Fut.) On midline channel support
Binance Coin is consolidating here and MAs are holding, ALTs are having momentum so I expect it to grow in the coming days.
Current Price= 16.354
Buy Entry= 16.356 - 16.000
Take Profit= 17.173 | 18.137 | 19.363
Stop Loss= 15.213
Risk/Reward= 1:1 | 1:1.98 | 1:3.23
Expected Profit= 30.25% | 60.05% | 97.90%
Possible Loss= -30.25%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 5x
Estimated Gain-time= 360h
Current Price= 16.354
Buy Entry= 16.356 - 16.000
Take Profit= 17.173 | 18.137 | 19.363
Stop Loss= 15.213
Risk/Reward= 1:1 | 1:1.98 | 1:3.23
Expected Profit= 30.25% | 60.05% | 97.90%
Possible Loss= -30.25%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 5x
Estimated Gain-time= 360h
Note
Buy Range is 16.386 - 16.000 actually.Trade closed: target reached
TP1 hit with +30.25%, check out that accuracy, isn't it great?! 😊Trade closed: target reached
TP2 hit with +60.05% during weekend, last target still valid if it manages to break the channel, but don't forget to take some profit.Trade closed: target reached
TP3 hit with +97.90% if you were still holding that one.If not, I just published a new set-up few hours ago:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.