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Binance Coin (BNB/USD) | Buying Area!Hi, There's blood in the streets and it will guide some of the top altcoins into places where they might get at least a technical short-term bounce upwards to gain some profits. One of them is Binance Coin: Do you REALLY believe that BNB comes as low as $400, wtf r u talking about, never ever $400 and etc. These are just a few picks from my altcoin series comment sections and yet here it is :D Do you remember these words: I don't care why, I don't care when but if it comes I'm prepared - and it approaching my mentioned buying area quite strongly. Keep your eyes around $350, target are shown in the picture. Stay healthy, Vaido
BINANCE:BNBUSDLong
by VaidoVeek
7
Binance Coin (BNB) - May 15Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BNBUSDT 1W chart) (1D chart) You should watch for any movement that deviates from the 576.19-657.19 segment. If it falls, you need to make sure you get support in the 549.20-576.19 range. If you go down at 549.20, you need a short stop loss. On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line. If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary. If it falls between 414.21-441.21, you need Stop Loss to preserve profit or loss. ------------------------------------- (BNBBTC 1W chart) (1D chart) 12111 Satoshi-12521 Satoshi We have to see if we can get support by ascending to the section. If it falls, we need to make sure we get support at the 10881 Satoshi spot. If you decline at 10881 Satoshi, you need a short stop loss. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1