BNB/USDT trading strategy
Current price: 662.14 USDT
Period: 24 hours
Trading strategy
Buy low strategy (long order)
Entry price: 655-660 USDT
Take profit price: 675-680 USDT
Stop loss price: 650 USDT
Position: 20% of funds
Trading type: spot or contract
Leverage: 3 times
Sell high strategy (short order)
Entry price: 675-680 USDT
Take profit price: 655-660 USDT
Stop loss price: 685 USDT
Position: 20% of funds
Trading type: contract
Leverage: 3 times
Technical indicator analysis
1. Moving average system (EMA)
EMA(7): 659.92 USDT, indicating that the short-term support level is strong.
EMA(25): 651.28 USDT, the medium-term support position is clear.
EMA(99): 635.19 USDT, the long-term trend is still bullish, indicating that the bullish trend is relatively stable.
2. RSI indicator
RSI(6): 56.13, indicating that the price is in a healthy range, without overbought or oversold conditions.
3. MACD indicator
DIF and DEA are both positive, and the MACD histogram is gradually enlarged, indicating that the bullish momentum is increasing, but we still need to pay attention to the potential risk of price correction at high levels.
4. Trading volume
The trading volume has increased, indicating that the market has some support for the current price, but it is necessary to observe whether the volume will continue in the future.
Strategy logic
1. Low-buy strategy
EMA(7) and EMA(25) provide a good short-term support area, so when the price pulls back to 655-660 USDT, you can consider buying long orders, and the stop-profit target is the recent high area. The stop loss is set below 650 USDT to avoid the risk of unexpected decline.
2. Sell high strategy
When the price approaches the pressure range of 675-680 USDT, you can consider opening a short order and take advantage of the high price correction to make a profit. The take-profit target is 655-660 USDT, and the stop loss is set above 685 USDT to control the risk of unexpected upward movement.
It is recommended to strictly implement stop loss and position management to cope with the potential volatility risk of the market. $BNB