BNB/USDT 12H (Binance Fut.) Ascending channel break-out
Binance Coin broke the channel support and start looking bearish after the token sale on Launchpad and quarterly Burn.
So it could be a good Short opportunity, we are operating it in Binance Futures Tournament, set-up:
Sell Entry= 14.786 - 15.186
Take Profit= 13.741 | 12.623 | 10.335
Stop Loss= 16.232
Risk/Reward= 1:1 | 1:1.9 | 1:3.73
Expected Profit= 24.93% | 47.31% | 93.12%
Possible Loss= -24.93%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 3x
So it could be a good Short opportunity, we are operating it in Binance Futures Tournament, set-up:
Sell Entry= 14.786 - 15.186
Take Profit= 13.741 | 12.623 | 10.335
Stop Loss= 16.232
Risk/Reward= 1:1 | 1:1.9 | 1:3.73
Expected Profit= 24.93% | 47.31% | 93.12%
Possible Loss= -24.93%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 3x
הערה
100EMA broke and original stop got hit at 16.232 with -24.93% (3x).If you're using the PCbot, SL was updated in time and is now 17.057, so you're still in.
I can see another channel forming and the first target can still be reached, so you can decide to exit right now at 16.137 with -23.04% by clicking on Close Now, or leave it with that new set-up:
Risk/Reward= 1:0.6 | 1:1.14 | 1:2.25
Expected Profit= 24.93% | 47.31% | 93.12%
Possible Loss= -41.46%
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.