a.shevelev002
Short

Binance Coin [BNBBTC] How to trade?!

BINANCE:BNBBTC   Binance Coin / Bitcoin
I see strong support levels on BinanceCoin.
  • How to trade BNB?
First of all, we should wait signal for further upward movement. How to get it?
  • - Look at chart Support Line (uptrend line, blue). If this line and Support Level 1 could hold selling pressure, we will see pullback from it, and a Signal of further uptrend movement.
For this case I have 2 Targets:
Target 1: 0.000903
Target 2: 0.001150


What will be if we see break of this Support Line?
  • - We will see fall to lower Support Levels 2-5.
On each level we can buy, and sell on previous support level .

Support Level 5 is a Strong Support, we can buy on it and hold BNB to get more profit.

RSI overbought and moving down on Daily chart . I expect it will be on bottom when we get to the Support Level 5.

Good Luck with your trades.
Comment: Going to target 1!!!
Trade active: Going to target 1!!!
Trade closed: target reached: Target 1 reached!
Trade active: Near Target 2!
Trade closed: target reached: Target 2 DONE!
Comment: Education: Look at resistance level! Price recently touch it and tested as support! now pullback 100% profit!
Pullback to what level? Now is a good time to buy?
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@mstevv, you missed chance... look at price movement and learn now
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should I still use BNB as a fee discount or its better to hold it ? yes
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should I still use BNB as a fee discount or its better to hold it ?
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Excellent!
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thanks expert man.it was nice
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What is Binance coin ? What's the point
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what next ?
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Nice trade, I didn't follow this one, shame on me
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