BNB first test off 200sma . Bounce setup

2021년 5월 23일

BNB has been on a tear this year. after that big run from 40 to 600s we have a strong pullback. It is a scary one but the r/r here is very juicy. We have the first test of its 200sma since the whole run.

This is a tricky setup as BTC still looks lke it can go lower that 30k is huge. if we can hold and build this BNB has a shot.

I'm using a 1% risk sizing meaning if I get stopped out i will lose 1% of my portfolio . I am looking to throw a couple more feelers out there too.