I've been following Binance coin for a long time.Clearly it is looking for a breakout from the downtrend channel.
Targets
0.0011 0.00134 0.00162
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Reached Target 1...sell at the targets and reload at the bottom
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BNB is performing good despite the alts fall.Need to close above the blue line for further upward movement.
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Reached Target 2..secure your profits
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Sell now...Rebuy zone 0.00125-0.00128
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Reached 3rd target..Careful now..There is high chance of retracement to the previous target..Be happy with the profits and exit at right time..greed will wipe out whatever you've gained
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support levels 0.00146 0.00134
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Looks like a reversal..Go long
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Trendline failed to hold which is a negative signal.let us wait for the candle to close .
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Day candle closed above the Resistance @0.00146 and also the trendline which indicates the next leg up.
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Take a look on RSI.It clearly shows that the big move is yet to be played.
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looks like the accumulation is over
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Broke out and retested.Get ready for the pump
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Reached 4th target..secure your profits.Next target is also possible.It has already gained 110% from the call..So exit the trade whenever you want.I would recommend you to keep atleast small percent of your portfolio untill coinburn
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Need to break out of this channel
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Possible short pullback to these levels stoploss 0.00163
@AlwinGoutham, bro i lost alot i just wan to get some profit which coin is good to buy for this week ?
AlwinGoutham
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@HawtaAhmed, I think Bitcoin Cash is about to explode soon.I'm ready with the targets.I will post the idea on confirmation.Hopefully tommorow.BQX is also looking good