Greetings Binance is adding tokenized stock trading paired with BUSD, with Tesla going first, even dividends are promised. Personally I like this story very much the possibility to trade American stocks without a broker. It is clear that this action will attract to the market beginners who believe in Tesla and they are likely to lose money, but this is a good opportunity for professional traders to join the green energy haip and earn money. The trading plan for this pair I have the following: on the daily chart there is a pro-trading and volatility narrowing under 700, technically the figure of an ascending triangle with the base 25%, the target is +/- $888. The entry points I have identified for myself are from the bottom of the triangle with confirmation of support (if given), and a breakdown and fixation above the level of 700$.
Always use stop loss, and do not use trading leverage greater than x3. A trader should always have tomorrow.
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