#USUALSpotPrediction Usual Price Prediction For Lounching Time For all Time high 1$ Up And All time Low 0.08 How Much Usual Coin price🔥
1. Understand Spot Trading Basics
Spot Market: A place where assets are bought and sold immediately at current market prices.
Binance spot market allows you to trade cryptocurrencies directly.
Focus on BTC/USDT or other popular trading pairs for liquidity.
2. Use Binance Trading Tools
Log into Binance: Go to the "Spot Trading" section.
Select the Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT).
Access Charts: Use Binance’s integrated TradingView charts for technical analysis.
3. Conduct Technical Analysis
Technical analysis involves analyzing price movements, trends, and indicators:
Key Tools to Use:
Candlestick Charts: Choose a time frame (1 min, 15 min, 1 hour, daily, etc.) depending on your trading strategy.
Support and Resistance:
Identify levels where price historically bounces back (support) or faces hurdles (resistance).
Trendlines: Draw trendlines to detect upward (bullish) or downward (bearish) trends.
Moving Averages (MA/EMA):
50, 100, or 200-period moving averages help identify trends.
Golden Cross (short-term MA crosses above long-term MA) is bullish.
Relative Strength Index (RSI):
Measures if an asset is overbought (>70) or oversold (<30).