RaposaRacer

Binance Joins Ripple against SEC

BINANCE:BNBBTC   Binance Coin / Bitcoin
I just entered a margin trade on Binance Coin versus Bitcoin, after a sharp fall that mixed fundamentals and a support line on technicals. Considering the very structured and robust customer support that Binance has, with the very respected leadership of it's current CEO, a lower price like the one we see at the moment is considered by me a good entry point. I seek good entries like that, but I never forget to use a stop loss. And I love stop losses that lays just underneath my entry. This support line is the ultimate one, so if we break slightly below that, it means danger. But if consolidate nearby it, a good oportunity. The target is easy: As soon as RSI sees itself blown up: anything above 70, or even further resistance lines on macro.

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