BNB moves downward along with the market and will soon reach the support-resistance exchange position. It has been tested once before. Whether it can hold up this time, it will take a little time to observe the performance of the price here. Ambush the spot near this long-term price trend line is a position with a high profit-loss ratio. After all, the long-term trend of BNB is optimistic.
Several locations that need attention
Support position
The first location is near 617
Second position 598
Third position 576
Pressure position
First position 661
Second position 687
The third position 707
Trading requires following the trend, going with the flow and going against it. When the trend comes, you should ride on it. When the trend changes to the opposite, you should be flexible. Fighting against the trend is like a mantis trying to stop a chariot, which will disrupt your mentality and trading rhythm.
At night, as the US stock market fluctuates, if there is too much fluctuation, friends must remember to stop profit frequently and stop loss decisively when trading. There is no point in holding orders.
If you have any questions about other currencies, please leave a comment.
Personal opinion, please read rationally. Not investment advice.
If you think my analysis is helpful to you, please don't hesitate to like, follow and comment.
I wish you a smooth transaction. Thank you!