Buy & Hold Idea for BNB/BTC (May 2nd, 2020)

2020年5月2日

I do not believe that this needs much explanation. There is some risk here as BNB has been in a very long downtrend against BTC for quite some time, however, I believe that the FA, coupled with the TA here, makes it for a worthwhile bet. Stops can be relatively wide here IMO because BNB holds value beyond just trading it.

Not financial advice. Just learning how to chart!

2020年5月3日

註釋

The "Manual Stop" Area may be good for DCA'ing into this. I will continue to update the idea.

2020年5月3日

註釋

This is looking weak. Still bullish on BNBBTC so not letting go of this just yet.

2020年5月3日

註釋

We're in do or do around 18300. Not wanting to let this go due to strong FA but we'll see how it goes.

2020年5月4日

註釋

DCA'd into this for better entry and RR.

2020年5月7日

交易結束：達到停損點

This setup got destroyed by the pre-halving BTC move. I'm still holding and will post a separate setup. Phew. What a rip.