Binance Coin / TetherUS
Long
Updated

BNB looks bullish

564
Considering the HLs on the chart and the bullish mCH on the chart and the breaking of the trigger line, we can have a bullish view on BNB.

If there is a pullback on the green range, we will look for buy/long positions.

The target is clear on the chart

Closing a daily candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade closed: target reached
The move was made and BNB pumped over 20%
snapshot

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.