TA explained BNB broke out of the falling wedge after confirming the strong support zone between 15.8 and 15.65. Now moving upwards to retest previous resistance zones and expected to retest broken channel.
Also BNBBTC is looking very bullish. Im waiting for a breakout of the falling wedge there to create a setup for a long trade for that one as well.
Trade setup Best entries: 16.375 - 16.490 TP1: 16.736 TP2: 16.939 TP3: 17.323 SL: 16.134 RR: 3.16 Max leverage: 8x
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Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Trade fechado: stop atingido
There was a very good attempt to reach TP1 but at that moment BTC decided to turn around strong and BNB collapsed, hit SL. Too bad. Especially since BNBBTC is looking so strong. It would have been interesting to have this trade still running...
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