A mid-term perspective on the BNB/USDT pair

19 Nis 2021

I am presenting my view on an high-profitable, low risk, spot trade on the BNB/USDT pair. I think that in short term it will continue to retrace and go lower to the 380-ish zone, if so, I see a good opportunity to place a bid with a tight stop loss. I will share my targets just for the record:

Entry: 380
StopLoss: 355
TakeProfit: 630
R/R Ratio: 10

Now, I am not saying that it will go lower to 380 for sure, this is not financial advice and you should not follow anything you read on the internet, especially from a random stranger on a website.

Cheers,

DAN.