🔥RETAILERS PANIC: IS DUMP coming? BNB return to my entry point!
Hi friends! BNB Chain team confirms $100M+ stolen as a result of an on-chain hack, $7 million of which was frozen.
Due to this, BNB fall by -5% which is usual correction on crypto market. You can see a lot of confirmation of panic selling. The unusual volume growth on the volume indicator. As far as you understand, if someone sells crypto, someone buys it. Whales could buy a lot of Binance coins there. Do we need to join them?
✅The price of BNB make +7% after the last idea and almost reach my first target, but after the bad news price return to the entry point again!
Now it is the another chance to open a long trade from with the amazing possible profit!
📊 Preconditions to open long:
🔥 liquidation of the weak hands and panic among the retailers which is already happen
🔥 volume growth confirms that a lot of buyers support the price
🔥 squeeze to the local trendline
🔥bullish BTC pull all the altcoins up
🚩 I use DOM and Footrpint to identify the whales and open a trade with them. I like this scalping tools because it can help to open a swing trades as well. The succesfull swing trade with short stop loss and 1:20RR.
📊 The targets are the same:
1. $300 - the closest key level
2. $337 - next resistance and key level
3. $380-400 - value area, mid term target according to the massive bullish flag
I don't think that the price will go lower because Binance is the largest crypto exchange and they even cover the loss of $100M. But Binance already announce that block thieves wallets and possibly even return this money soon.
Another chance for us to make $
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Due to this, BNB fall by -5% which is usual correction on crypto market. You can see a lot of confirmation of panic selling. The unusual volume growth on the volume indicator. As far as you understand, if someone sells crypto, someone buys it. Whales could buy a lot of Binance coins there. Do we need to join them?
✅The price of BNB make +7% after the last idea and almost reach my first target, but after the bad news price return to the entry point again!
Now it is the another chance to open a long trade from with the amazing possible profit!
📊 Preconditions to open long:
🔥 liquidation of the weak hands and panic among the retailers which is already happen
🔥 volume growth confirms that a lot of buyers support the price
🔥 squeeze to the local trendline
🔥bullish BTC pull all the altcoins up
🚩 I use DOM and Footrpint to identify the whales and open a trade with them. I like this scalping tools because it can help to open a swing trades as well. The succesfull swing trade with short stop loss and 1:20RR.
📊 The targets are the same:
1. $300 - the closest key level
2. $337 - next resistance and key level
3. $380-400 - value area, mid term target according to the massive bullish flag
I don't think that the price will go lower because Binance is the largest crypto exchange and they even cover the loss of $100M. But Binance already announce that block thieves wallets and possibly even return this money soon.
Another chance for us to make $
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
交易开始:
🔥Hi friends! Take a look on the BNB chart. The price fall little bit lower than our entry point. I don't open this trade but i recommend you to remember this pattern.
📊 As you see, the big players collect the sl before the PUMP. This was the main precondition to find the entry point where you can open a trade with the short sl and get BEST risk to reward.
✅ Now BNB has already reached my two out of 3 targets and PUMP by +32-33%.
🚩 Congratulation everyone who open this trade! Please, don't forget to book the 50-60% of profit! The movements become so parabolic which is not good for futher growth.
📊 As you see, the big players collect the sl before the PUMP. This was the main precondition to find the entry point where you can open a trade with the short sl and get BEST risk to reward.
✅ Now BNB has already reached my two out of 3 targets and PUMP by +32-33%.
🚩 Congratulation everyone who open this trade! Please, don't forget to book the 50-60% of profit! The movements become so parabolic which is not good for futher growth.
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