Binance Coin break out this simetric triangle and formed a possible nice correction to short BNB toward $424 USD. Maybe, it's a good idea to short cryptocurrencies.
I hope this scenario in Daily timeframe. as you look, we closed up with a bearish candlestick, this it's a clear correction in this cryptocurrency and investor want to leading BNB down to find up best zone to buy. For that, you must to prepare to open up short.
I put my sell order limit at $467 USD and SL at $487 and target at $424. This it's a risk/benefit: 1:2. It's a good proportion to get nice profit.
***This it's my update today*** And for that, I find up this nice short position in BNB
I hope this scenario in Daily timeframe. as you look, we closed up with a bearish candlestick, this it's a clear correction in this cryptocurrency and investor want to leading BNB down to find up best zone to buy. For that, you must to prepare to open up short.
I put my sell order limit at $467 USD and SL at $487 and target at $424. This it's a risk/benefit: 1:2. It's a good proportion to get nice profit.
***This it's my update today*** And for that, I find up this nice short position in BNB