Binance Coin / TetherUS
Short
Updated

Shorting BNB to $475-463

74
BNB is at key level where we could potentially get a reversal to the down side.

Weekly, daily, 4hr and 1hr are currently bearish.

Partial/close at $475
Full close at $463

So given trade plays out I'll try to hold until $463 but if I see price reacting to $475 I'll at least take partial

Note
I set an order to secure 50% profit at $475. And another to close full at $463

Bnb been wicking up and down suggesting to me there's decent amount of demand in this area, however not enough yet to absorb all the sell pressure, but at $475 there might and that could cause price to wick up too fast at times, faster than I react hence the limit order. Otherwise I would wait a bit to see what happens.

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Note
closed #bnb short at Break even.
Note
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Trade active
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Reopened bnb short

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