BNB looks weak when itโs actually strong.
๐ข Buy $BNB /USDT: Price expected to rise
Bias: Buy ยท Strong
Entry: 756.148 โ 757.372
Target 1: 769.057 (+1.6%)
Target 2: 777.255 (+2.7%)
Target 3: 789.552 (+4.3%)
Stop loss: 740.364 (-2.2%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1 is reached.
Why buy? 7/12 signals are aligned, with no opposing signals.
โข Daily trend is bullish (price above EMA50 and EMA200)
โข Hourly trend is bullish (price above EMA50 and EMA200)
โข Buyers are leading the move (15-minute ADX at 35.4) Q: Why enter a buy trade when the trend looks mixed?
A: The hourly trend is bullish, as is the daily trend.
Q: When is this trade invalid?
A: A close below 740.364 invalidates the setup.
Where should you place your stop loss on BNB?
The levels are marked on the chart below.
Click here ๐๐ป$BNB ๐๐ป Happy trading ๐
๐ข Buy $BNB /USDT: Price expected to rise
Bias: Buy ยท Strong
Entry: 756.148 โ 757.372
Target 1: 769.057 (+1.6%)
Target 2: 777.255 (+2.7%)
Target 3: 789.552 (+4.3%)
Stop loss: 740.364 (-2.2%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1 is reached.
Why buy? 7/12 signals are aligned, with no opposing signals.
โข Daily trend is bullish (price above EMA50 and EMA200)
โข Hourly trend is bullish (price above EMA50 and EMA200)
โข Buyers are leading the move (15-minute ADX at 35.4) Q: Why enter a buy trade when the trend looks mixed?
A: The hourly trend is bullish, as is the daily trend.
Q: When is this trade invalid?
A: A close below 740.364 invalidates the setup.
Where should you place your stop loss on BNB?
The levels are marked on the chart below.
Click here ๐๐ป$BNB ๐๐ป Happy trading ๐
