Went long on BNBUSDT after the dip this morning
BNB always seems to bounce back strong after dips. What I like about buying BNB is even if I pick a shit trade, I can always use those BNB to save money on trading.
It held support and seemed to be turning the corner when I bought in. It reached the same support a few times on the hourly chart so I thought my losses would be minimal. Have been moving my take profit up as the price rises. This is the first time I'm actually looking at where my target prices are. Also thought about zooming out to the 4 hourly/weekly and adding 1-2 more targets should it keep going up.
Trying to give my take profit a bit of wiggle room for corrections so I can stay in the game. Ideally I'd be splitting the bag into quarters and setting different targets but I really don't have time.
It held support and seemed to be turning the corner when I bought in. It reached the same support a few times on the hourly chart so I thought my losses would be minimal. Have been moving my take profit up as the price rises. This is the first time I'm actually looking at where my target prices are. Also thought about zooming out to the 4 hourly/weekly and adding 1-2 more targets should it keep going up.
Trying to give my take profit a bit of wiggle room for corrections so I can stay in the game. Ideally I'd be splitting the bag into quarters and setting different targets but I really don't have time.
Comment:
I had some UBQ, Dash and XZC on Cryptopia....still waiting to see the fallout from that and whether or not those coins are gone. Hopefully this BNB win mitigates some of those likely losses.