๐ฅRETAILERS PANIC: IS DUMP coming? BNB return to my entry point!
์
๋ฐ์ดํธ๋จ
Hi friends! BNB Chain team confirms 100M+ stolen as a result of an on-chain hack, $7 million of which was frozen.
Due to this, BNB fall by -5% which is usual correction on crypto market. You can see a lot of confirmation of panic selling. The unusual volume growth on the volume indicator. As far as you understand, if someone sells crypto, someone buys it. Whales could buy a lot of Binance coins there. Do we need to join them?
โ The price of BNB make +7% after the last idea and almost reach my first target, but after the bad news price return to the entry point again!
Now it is the another chance to open a long trade from with the amazing possible profit!
๐ Preconditions to open long:
๐ฅ liquidation of the weak hands and panic among the retailers which is already happen
๐ฅ volume growth confirms that a lot of buyers support the price
๐ฅ squeeze to the local trendline
๐ฅbullish BTC pull all the altcoins up
๐ฉ I use DOM and Footrpint to identify the whales and open a trade with them. I like this scalping tools because it can help to open a swing trades as well. The succesfull swing trade with short stop loss and 1:20RR.
๐ The targets are the same:
1. $300 - the closest key level
2. $337 - next resistance and key level
3. $380-400 - value area, mid term target according to the massive bullish flag
I don't think that the price will go lower because Binance is the largest crypto exchange and they even cover the loss of 100M. But Binance already announce that block thieves wallets and possibly even return this money soon.
Another chance for us to make $
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Due to this, BNB fall by -5% which is usual correction on crypto market. You can see a lot of confirmation of panic selling. The unusual volume growth on the volume indicator. As far as you understand, if someone sells crypto, someone buys it. Whales could buy a lot of Binance coins there. Do we need to join them?
โ The price of BNB make +7% after the last idea and almost reach my first target, but after the bad news price return to the entry point again!
Now it is the another chance to open a long trade from with the amazing possible profit!
๐ Preconditions to open long:
๐ฅ liquidation of the weak hands and panic among the retailers which is already happen
๐ฅ volume growth confirms that a lot of buyers support the price
๐ฅ squeeze to the local trendline
๐ฅbullish BTC pull all the altcoins up
๐ฉ I use DOM and Footrpint to identify the whales and open a trade with them. I like this scalping tools because it can help to open a swing trades as well. The succesfull swing trade with short stop loss and 1:20RR.
๐ The targets are the same:
1. $300 - the closest key level
2. $337 - next resistance and key level
3. $380-400 - value area, mid term target according to the massive bullish flag
I don't think that the price will go lower because Binance is the largest crypto exchange and they even cover the loss of 100M. But Binance already announce that block thieves wallets and possibly even return this money soon.
Another chance for us to make $
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
์กํฐ๋ธ ํธ๋ ์ด๋
๐ฅHi friends! Take a look on the BNB chart. The price fall little bit lower than our entry point. I don't open this trade but i recommend you to remember this pattern.๐ As you see, the big players collect the sl before the PUMP. This was the main precondition to find the entry point where you can open a trade with the short sl and get BEST risk to reward.
โ Now BNB has already reached my two out of 3 targets and PUMP by +32-33%.
๐ฉ Congratulation everyone who open this trade! Please, don't forget to book the 50-60% of profit! The movements become so parabolic which is not good for futher growth.
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๐ bit.ly/vip_bikotrading
๐ทTelegram ๐ t.me/+ICrmLIneDmRiYjIy
๐ทYouTube ๐ bit.ly/YouTube__Lessons
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