I typically try to let my Charts speak for themselves:
BNBUSDT Binance Token
Ascending Triangle, Breakout Price $14.25, Targets and Stop loss on Chart.
Remember pay close attention to Bitcoin's charts in tandem. Volume on breakout is a must for this one to manifest. Set those stop losses and measure your risk to reward ratio. Make sure you are comfortable with the potential losses in case the breakout does not manifest. Trade at your own tolerance levels.
With that said, THIS IS A FANTASIC SET UP. PLEASE LIKE AND FOLLOW if this chart helped you out, so I can reach more people and hopefully help them.
BNBUSDT Binance Token
Ascending Triangle, Breakout Price $14.25, Targets and Stop loss on Chart.
Remember pay close attention to Bitcoin's charts in tandem. Volume on breakout is a must for this one to manifest. Set those stop losses and measure your risk to reward ratio. Make sure you are comfortable with the potential losses in case the breakout does not manifest. Trade at your own tolerance levels.
With that said, THIS IS A FANTASIC SET UP. PLEASE LIKE AND FOLLOW if this chart helped you out, so I can reach more people and hopefully help them.
Note
Breakout confirmed at this point IMHO, pending BItcoin doesn't dump (which does not look likely based on TA). If you're getting this message.....pull up your drawers, wipe your a** and buy some BNBNote
Trading at $15.35 headed towards initial target, be prepared for a small consolidation prior to reaching initial target and then second target.
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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.
Related publications
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.