BINANCE COIN - SELL ZONE. BUY ZONE

[Dave20]

Binance Coin is shaping up very similar to all the other major coins such as Eth and Btc. We could be moving lower once more before we go in for the big buy.

The bigger picture is showing us an expanding flat correction and we're currently in the C wave.

SHORT Trade Idea:

• Watch for price to reject the fibonacci levels in our sell zone
• Enter with stops above the rejection
• Take profits around the 230-260 area

BUY Trade Idea:

• Watch for price to come to our buy zone
• Enter when you see bullish price action
• Stops below the lows
• Targets: 650, 880, actively manage the rest

 

[sincerem]

I don't think you're following the market trends of all crypto currencies in the market. Go to coinmarketcap and check for the prices of the coin, you'll definitely get what I'm saying buddy. The coins at the moment are not moving all that up. Binance coin (BNB) is well adrift of the expectations which you listed as the sell other. It has halved from that amount which you listed for users to reckon in order to sell their BNB coin for profit. Before the coin will get to such level again, it will really take more of the time, I am not seeing that, happening over night buddy. I wouldn't give estimate either, because I am not more of a predictor around digital coins. I know it will get to such level, but let's be realistic, such figures wouldn't be actualized within short period of time.