Binance Coin is showing us similar price action to the last time we had a short term bearish move.
We have a really interesting level we are looking at for longs.
We have the ascending trendline - which has been respected several times and we also have the 61.8 fibonacci.
Trade idea:
- Watch for price to correct back to the $450 level
- Once bullish price action appears, enter with stops below the trendline
- Target the recent highs as first target. HODL the rest
Let us know what you think!
We have a really interesting level we are looking at for longs.
We have the ascending trendline - which has been respected several times and we also have the 61.8 fibonacci.
Trade idea:
- Watch for price to correct back to the $450 level
- Once bullish price action appears, enter with stops below the trendline
- Target the recent highs as first target. HODL the rest
Let us know what you think!
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💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
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.
🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
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.