$BNCB : WAIT - buy trigger at the floor has not printed yet.
What happened: BNCB touched 4.10 twice and bounced both times. Price now 4.14 sits just above support while Bitcoin keeps falling.
Entry: 4.10 only after price dips under 4.10 and the hour candle closes back above it.
Stop loss: 4.03, about 1.7 pct below entry.
Target 1: 4.42, gives 3.9 times the risk.
Target 2: 4.75, gives 8.0 times the risk.
Avoid shorting into the floor, support held twice.
What cancels the idea: an hour candle closes under 4.03. Two hour candles close above 4.75 ends the range.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
What happened: BNCB touched 4.10 twice and bounced both times. Price now 4.14 sits just above support while Bitcoin keeps falling.
Entry: 4.10 only after price dips under 4.10 and the hour candle closes back above it.
Stop loss: 4.03, about 1.7 pct below entry.
Target 1: 4.42, gives 3.9 times the risk.
Target 2: 4.75, gives 8.0 times the risk.
Avoid shorting into the floor, support held twice.
What cancels the idea: an hour candle closes under 4.03. Two hour candles close above 4.75 ends the range.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
