Hi guys! We saw BNB moving exactly as I predicted in my previous post with almost perfect pull back confirmation in the $280-290 zone. There I had my limit orders placed which triggered all except for one. As a result I am currently in long position, took small profit today at $320 level and moved my SL to breakeven. BNB looks very strong and I expect it to launch very soon. This Sunday I think there will be less volatility due to Easter celebration. However on Monday there could be a retest of the resistance block that we broke before we enter price discovery mode. Generally on Monday I have the feeling there will be pull back on all the markets before we start really moving. This is wishful but not necessary though as this will give the opportunity for new longs from the $290-310 zone. Possible targets for mid term trades are $380-400-440. These are just short-mid term targets as CZ says that at $348 BNB is still in the dip and I am sure if he wants he can pump it to the sky!
:DISCLAIMER:
This is my trading idea. I am neither a financial advisor nor I urge you to trade my idea.
Always DoYourOwnResearch prior investing your money anywhere!
Always respect risk management!
Always respect money management!
Always make profits!
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