BNB / USDT. Ascending channel. Cycle. Wedge. Reversal zones.

2020年1月14日

Coin exchange - binance.
The main trend is an uptrend. Formed an ascending channel.
The secondary trend is a downtrend. Formed a downward wedge.

Cycle 1 is about 370 days.
Cycle 2 is about 470 days.
Cycle 3, if confirmed, about 570 days.

The coin is promising for the accumulation of position, as long as the Binance exchange exists and is in the hype of the crypto trend.

ENTRANCE
1) on the breakthrough of the line of resistance of the wedge.
2) confirmation of the support of the upward channel. Support will be the rising trend line of the channel.

Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
Particular attention is given to the potential reversal zone of the minor trend and the support line of the rising channel.

TARGET
All levels and algorithm of work on the chart. The coin is suitable for high-volume positional trading.

2020年2月6日

ノート

There is a breakthrough of the wedge resistance line

2020年2月13日

トレード終了: 利益確定目標に到達

+ 58% second zone since the breakthrough of resistance reached

2020年3月18日

トレード終了: 利益確定目標に到達

Price reached wedge base levels.

2020年7月13日

ノート

An uptrend is developing.

2020年8月20日

トレード終了: 利益確定目標に到達

Long + 61%
Short + 70% (the price fell below, but the last targets were in this zone).
Long + 125%
Short + 9%
Long + 61% (the trend continues).

2021年2月6日

ノート

+ 530% from the secondary trend reversal zone (from the squeeze minimum over + 1144%)

2021年2月12日

トレード終了: 利益確定目標に到達

the price reached the last target of $ 144 (maximum $ 148) C trend reversal (safe entry) + 1135% (not the minimum).

2021年3月2日

ノート

Since the trend reversal + 2711% ($ 355), the price stayed under the resistance level 144 for 7 days, but still broke through it. At the moment, the price is in an uptrend (green trend line). There is a breakout of the local downtrend line, there are attempts to gain a foothold above it. Trading with the trend.

2021年5月4日

ノート

+ 225% From the breakout of the resistance of the triangle. The price is developing in an uptrend. From the minimum entry point more than + 5500% (the trading idea was published when "faith was killed"). On the contrary, faith is strong now. This is a reason to think about everything that is happening now and perhaps your mistakes in the past and potential in the future.