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$BNB/USDT 4h (Binance Futures) Ascending triangle on support

Lång
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BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
Binance Coin has broken-out of that descending TL (TrendLine) and retested it successfully once.
Let's enter on next pull-back to 50MA targeting a bullish breakout of the triangle!

Current Price= 306.05
Buy Entry = 295.14 - 287.90
Take Profit= 315.59 | 327.30 | 342.84
Stop Loss= 273.74

Risk/Reward= 1:1.35 | 1:2.01 | 1:2.89
Expected Profit= +24.78% | +36.81% | +52.80%
Possible Loss= -18.30%

Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Kommentera:
Up to +34.98% (3x) since called

Binance Coin broke-out of the triangle, unfortunately entry was never filled, maybe later then.

Handel aktiv:
First entry filled

Binance Coin finally pulled back enough to let us in, we are below 50MA though but we can still reach some target!

Trade stängt: målet nått:
TP1 reached with +24.78% (3x) and +1.35R

Binance Coin just announced a new Launchpad project and price suddenly rose almost hitting second target!
Closing the candle above 50MA would be key to continue with the bullish momentum.


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