BNBEcosystem
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#BNBEcosystem #binance #bnbusdt $BNB
Haven't written about this asset for a while. If you scroll through the feed, you'll see that we were in a long position, but unfortunately, it was a small position from 225. Currently, on the hourly timeframe, a technical analysis pattern "Descending Triangle" is forming, and by all rules, the triangle is expected to break downward. However, there is one significant "BUT" – on an ascending market, this breakout often turns out to be false. That's why I've marked the accumulation zone in green for a long position. I believe the false breakout will happen there, and a new upward wave will begin from that zone. Otherwise, I'll accumulate a position if there's a breakout of the trend line, but only if there's no false breakout, and the upward movement starts from the current levels. If you like what I'm doing, please like and subscribe! Tips are an additional motivation for the author!
Haven't written about this asset for a while. If you scroll through the feed, you'll see that we were in a long position, but unfortunately, it was a small position from 225. Currently, on the hourly timeframe, a technical analysis pattern "Descending Triangle" is forming, and by all rules, the triangle is expected to break downward. However, there is one significant "BUT" – on an ascending market, this breakout often turns out to be false. That's why I've marked the accumulation zone in green for a long position. I believe the false breakout will happen there, and a new upward wave will begin from that zone. Otherwise, I'll accumulate a position if there's a breakout of the trend line, but only if there's no false breakout, and the upward movement starts from the current levels. If you like what I'm doing, please like and subscribe! Tips are an additional motivation for the author!
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Binance's BNB Token Ecosystem: A Central Role in the Cryptocurrency World
Cryptocurrencies play an important role in the global economy today, and one of the most influential and successful cryptocurrency ecosystems is the Binance Coin (BNB) ecosystem. Created by Binance, one of the largest and most renowned cryptocurrency exchanges in the world, the BNB token has become the centerpiece of the many products and services offered by the company. Let's take a closer look at what role BNB plays in the Binance ecosystem and what benefits it provides to users.
In trading, we perform the following actions:
- Chart analysis.
- Trend identification.
- Searching for entry points.
- Position fixation.
These are the key elements of a technical approach to trading. It all seems simple, and one might wonder, what's there to do? But in real trading, you need to assess a multitude of parameters to be right more often in identifying all the moments. Why more often and not with 100% certainty? Because it's the market, and considering everything is impossible!
In the real world, evaluating a single asset can take from one hour to 5 hours (personally for me). Assessing all parameters takes a significant amount of time from chart opening to entering a trade, that is if you're not entering randomly! I spent a long time doing this manually, and I catastrophically lacked time for a comprehensive analysis of charts.
In 2020, I decided to hire a programmer and develop an indicator that analyzes 27 parameters, operating with an accuracy of 75-85%, providing specific entry points, take-profits, and also stop-losses, which is crucial! Since then, I can monitor more than 15-20 assets, thus diversifying risks and spending no more than 1 hour analyzing 15-20 assets, and opening more than 10 trades in the same hour. If you want to use my development,
Just send a message in the open spaces to Pavel Durov (the username is identical to the username here), and I will tell you how to connect to her.
This indicator solves all problems for both beginners and experienced traders. And it addresses the following challenges:
- Finding entry points.
- Locking in profits.
- Setting stop-losses.
- Diversifying risks.
- Psycho-emotional decision-making. The indicator clearly provides you with an understanding of what to do and how! #BTC🔥🔥 #Ethereum #BNBEcosystem #XRPUpdate #indicator
- Chart analysis.
- Trend identification.
- Searching for entry points.
- Position fixation.
These are the key elements of a technical approach to trading. It all seems simple, and one might wonder, what's there to do? But in real trading, you need to assess a multitude of parameters to be right more often in identifying all the moments. Why more often and not with 100% certainty? Because it's the market, and considering everything is impossible!
In the real world, evaluating a single asset can take from one hour to 5 hours (personally for me). Assessing all parameters takes a significant amount of time from chart opening to entering a trade, that is if you're not entering randomly! I spent a long time doing this manually, and I catastrophically lacked time for a comprehensive analysis of charts.
In 2020, I decided to hire a programmer and develop an indicator that analyzes 27 parameters, operating with an accuracy of 75-85%, providing specific entry points, take-profits, and also stop-losses, which is crucial! Since then, I can monitor more than 15-20 assets, thus diversifying risks and spending no more than 1 hour analyzing 15-20 assets, and opening more than 10 trades in the same hour. If you want to use my development,
Just send a message in the open spaces to Pavel Durov (the username is identical to the username here), and I will tell you how to connect to her.
This indicator solves all problems for both beginners and experienced traders. And it addresses the following challenges:
- Finding entry points.
- Locking in profits.
- Setting stop-losses.
- Diversifying risks.
- Psycho-emotional decision-making. The indicator clearly provides you with an understanding of what to do and how! #BTC🔥🔥 #Ethereum #BNBEcosystem #XRPUpdate #indicator
