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
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Going to target 1!!!
Trade active
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Going to target 1!!!
Trade closed: target reached
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Target 1 reached!
Trade active
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Near Target 2!
Trade closed: target reached
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Target 2 DONE!
Comment
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Education: Look at resistance level! Price recently touch it and tested as support! now pullback 100% profit!