BNB/BTC - 4% to 7.5% Profit Potential
If BNB/BTC hits our Resistance line, we can expect the price to then soon hit our Target 1 line. This will lock in a modest quick 4%. If the bullish trend continues, it may then continue to rise to our Target 2 line. Therefore, I would recommend the following trade procedure:
1. Buy BNB when the price hits our Resistance line
2. Sell 50% of your BNB when the price hits our Target 1 line
3. Set a stop loss at your purchase price for your remaining BNB, in case there is a bearish reversal
4. Sell the rest of your BNB at our Target 2 line
1. Buy BNB when the price hits our Resistance line
2. Sell 50% of your BNB when the price hits our Target 1 line
3. Set a stop loss at your purchase price for your remaining BNB, in case there is a bearish reversal
4. Sell the rest of your BNB at our Target 2 line
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