BNB Short Game Plan, could be BIG!!!
Hi all
BNB has been rather flat the past weeks and months not really changing and we have seen a lot of volatility in other coins. Now with markets trading sharply lower, catching a BNB short, could be a good chance to catch a wave of volatility this coin has not seen in a long time.
Enough of the talking, before we break the range.
Here is my game plan:
- BNB needs to slide out of its range currently holding between 280 and 300 USD.
- Sharp move needed setting a new low.
- Rebound to 280
- Entry point at price failing to hold and falling back under again.
- Target1 will be 260 USD
- Target2 180 USD
- Stop at 303 USD
Easy one guys, lets go.
BNB has been rather flat the past weeks and months not really changing and we have seen a lot of volatility in other coins. Now with markets trading sharply lower, catching a BNB short, could be a good chance to catch a wave of volatility this coin has not seen in a long time.
Enough of the talking, before we break the range.
Here is my game plan:
- BNB needs to slide out of its range currently holding between 280 and 300 USD.
- Sharp move needed setting a new low.
- Rebound to 280
- Entry point at price failing to hold and falling back under again.
- Target1 will be 260 USD
- Target2 180 USD
- Stop at 303 USD
Easy one guys, lets go.
Comment:
Moving fast now, gonna wait and see if the plan applies