After breaking out of the up-trending channel (Remember our trade?
), BNB presents yet another trade opportunity with the only threat being the 200 days moving average. However, considering that all the fundamental catalysts are in place, we are pretty sure its headed for a home run. We suggest followers start buying (exact levels on chart).
Trade active:
We are above 200 Days moving average. Sailing smooth towards Target 1!
Trade active:
Target 1 down. Catching breath to gear up for target 2.
Trade active:
Volumes are pretty good and price action is strong but we suggest booking partial gains between $9.40 - $9.55. Trail stop to $8.47.
Trade closed: target reached:
This idea has been moved here:
