Trading On BNB/USDT On Binance!

in #binance6 years ago

BNB/USDT

_BINANCE COIN is not getting very strong this week and we see that at the current time the binance coin will go down till 13$ whole market that is the time for us to trade with the coin and this pair BNB/USDT .

In the Pair BNB/USDT we are observing that market will have a small drop before it reach to the resistance level first it will get to the support level and will stay there for a while according to the H4 Chart analysis.

Now its time for us to trade with the pair BNB/USDT,Becare full with the time factor and the limits on each pair i am sharing,The purpose is to take some small profit from the market up and down moment.

Here I am going to share some steps: !

Trading on BNB/USDT

Image Source

  • As we see in the above chart that market has a resistance at 15.5. and a strong support at 13. so we can easily trade in between these positions so that we care able to make a sell call at "14" and we can again buy at "13" By this we can make some good profit by having some small amount of BINANCE COINS.

STEEM_:

Today's Price For BNB/USDT:

Highlow
14.513.76

Trading tips:

As we are observing that market is moving between _14.6 and 13.65.So we must need to place some instant and pending order in order to get some benefits from the market up and down moment, Keep in mind that this trading is for short term trading and it will have only very small instant profit.

PENDING BUY AND SELL ORDER:

BUYSELL
1314.5

For the instant trading at the current position we need to work on the chart positions ,Here is time to place an instant buy and also placed a pending sell order at the above giving positions or at your own calculation and expectations.

We should placed a pending order as shows in the picture so we will easily get a good position of buying some "BNB":

If some one already bought "BNB" After instant Buy you will have to keep that exchange or keep it for long term investment as well, For exchanging "BNB" place the sell order as shown :


If we place a Buy order at the depth on the market it means we have to buy at-least Few "BNB", in few Hours market must have a reversal and we will place a pending order of sell at a point high from the already bought point. We will make sure that we are getting at-least 1% of profit. It will be very easy to get some small profit in very short term of trading all we need to read the previous daily move on the market and they wait for the market to reach the support or resistance point for hour chart at least to trade on short term.

This tips is for those used who already know the trading and already involve in trading before doing any trading please try Our analysis with a small deposit and try only 100$ in your Binance account and after learning please use the proper trading .

Soon in the next post we will explain the trading with a lots on new information to our STEEMians and to take benefit from Binance live trading which is 24/7 and better than Forex trading with low risk.

Disclaimer:

This is for the entertainment for the trading and not a 100% sure trading tips . we are not forcing you to follow our rules and out trading tips all loss will be your and profit too .please try to learn the trading with us and try to follow different pairs.You have to keep in mind that this trading is for taking a small profit for a short term of trading we cannot placed a long term trading on the cryptocurrency as the volatility is very high on the crypto market so we will try trade in short terms only.

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Details Of Source : Binance.com

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