Bitcoin dropped $300 just now. And because of the current BTC dominance, almost 90% of the coins followed. I hope everyone had their stop losses set before getting hit!
Anyway,
This drop only means more money for us traders :)
As you can see, i have buy and sell zones.These buy and sell zones are placed strategically for many reasons. But what i want you guys to take from here, is that these zones are zones where there has been a lot of price action. As of right now, this is your opportunity to buy the "bottom." If price does go down, do not worry. i recommend laddering your buys down to better your dollar cost average. I doubt BNB will hit any lower at this point so buy now, ride the trend until you hit just below the sell zones. for a good 5-8% profit.
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.