BNB/USDT 8H (Binance Fut.) On midline channel support
Updated
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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