BNB Swing trade

Targeting previous highs

BNB has been retracing/consolidating for months, and is still up 600% year to date. How many other coins can say the same....

You have the CEO of one of the world's largest exchanges shilling it nonstop.

It is one of the only alt coins with an already Functioning use-case and Actual Users.

They are expanding its uses and have plans to integrate it into many other projects

Low risk buying opportunities do not get much better. Safer bet is buying the neck rejection and breakout from this range around 0.00172, but with an obvious breakdown point like we have, I have no issue buying here. Price is now above my sMA system with a bullish cross under the current 3 day candle.

If we get a daily close below that marked horizontal get worried.

The labeled position shows a lower stop. Idea is risking a potential 10% loss, to book a potential 65% ROI. And that is if the entire position was filled here. I pyramid my orders to get better average entries. Sometimes my entire desired position does not fill.

These are my trades. They are provided for entertainment and educational purposes only.