BNB/USDT - potential 277 long term setup
Hello, traders!
BNB is another great asset for a medium to long term portfolio.
The token continues its business cycle and has corrected to March 2021 price levels.
A buy position can be gained in three portions:
20% volume in the $250 to $280 range
30% of volume in the $180 - $210 range
50% of the volume in the $120 - $145 range
Stop Loss range of $68 - $93
Targets would be levels of
$130
$486
$600
$678
Risk/profit ratio is above 4, - which is more than good
P.S. This is an educational analysis that shall not be considered financial advice
BNB is another great asset for a medium to long term portfolio.
The token continues its business cycle and has corrected to March 2021 price levels.
A buy position can be gained in three portions:
20% volume in the $250 to $280 range
30% of volume in the $180 - $210 range
50% of the volume in the $120 - $145 range
Stop Loss range of $68 - $93
Targets would be levels of
$130
$486
$600
$678
Risk/profit ratio is above 4, - which is more than good
P.S. This is an educational analysis that shall not be considered financial advice