readCrypto

BNB (BNB) - October 29

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BINANCE:BNBUSDT   Binance Coin / TetherUS
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(BNBUSDT 1W Chart)
An important key is whether it can be supported by rising to the 332.4-353.3 section.


(1D chart)
Primary resistance: 332.4-353.3
Secondary resistance: 427.2-458.1

The section 297.5-316.1 is a section in which the -100 and +100 indicators pass in a regular arrangement.

Therefore, you need to think about whether you have the strength to rise above this section and respond.

Therefore, although I said that the primary resistance section is the section 332.4-353.3, there is a high possibility that the rise will be restricted from the current position.

If it overcomes such adversity (?) and rises above 353.3, it is expected to surge.


If you are trading BNB from a short-term perspective, you should consider this situation before trading.


If you are trading BNB from a mid- to long-term point of view, I think it is good to increase the number of BNB coins by buying whenever the price goes down, if possible, when it falls in the range of 179.2-233.9 or less.

If you are investing from a mid- to long-term perspective, if you do not fix your profits by selling in installments even though the price has risen, I think this is also a bad deal.

When the price rises to an appropriate level, you will be able to continue the investment period in the mid- to long-term only if you sell a certain part to secure a profit and take psychological stability.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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Comment:
(BNBBTC 1W Chart)
The key is whether we can continue the uptrend along the bullish channel.

If it falls below the 0.013068-0.013926 section, it is expected to decline to around 0.011.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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