Binance Coin - What's Next, Correction or Growth?
Updated
Hello dear friends.
Many people asked my opinion about this coin.
Thank you for your good opinion of me.
But I am also mistaken, since I sold 80% of my coins at 110.
Well, now - you yourself see what is happening.
Personally, I can describe it this way - well, as if already 5 x, it's time to fix the profit.
BNB - retains huge potential due to its infrastructure, but profit is fast and the growth angle is inadequate, so it would be wise to exit to re-enter a position below.
Or, look at the top of ATH - in case of a breakout, just move the stop loss to stronger support levels.
By the breakdown, it can be seen that there is no particular resistance from above, which can push the price further.
If you make a good analysis, then the coin needs a correction.
Although - maybe I do not underestimate the potential of this coin ... Let's see
If you want to watch my trade follow me on my social media.
I now write more information there than here.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Many people asked my opinion about this coin.
Thank you for your good opinion of me.
But I am also mistaken, since I sold 80% of my coins at 110.
Well, now - you yourself see what is happening.
Personally, I can describe it this way - well, as if already 5 x, it's time to fix the profit.
BNB - retains huge potential due to its infrastructure, but profit is fast and the growth angle is inadequate, so it would be wise to exit to re-enter a position below.
Or, look at the top of ATH - in case of a breakout, just move the stop loss to stronger support levels.
By the breakdown, it can be seen that there is no particular resistance from above, which can push the price further.
If you make a good analysis, then the coin needs a correction.
Although - maybe I do not underestimate the potential of this coin ... Let's see
If you want to watch my trade follow me on my social media.
I now write more information there than here.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Note
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.