A Crypto in a minority that's bullish today. Binance Coin BNBUSD

28 Nov

https://www.tradingview.com/x/lH9nT81X/

Binance are usually right on cue with their Crypto ownings. The chart patterns are usually suggestive of bullish buy positions.

I checked this on mulitple timeframes. It looks to be at its record high price. Certainly one to watch.

At time of writing Bitcoin is also in supply mode. I would not recommend a short trade in it as such, only because its very volatile and it switches between buy and sell sides faster than any instrument I think of.



Also bearish right now is dogeusd and many others.

28 Nov

Trade aktif

I am not going to send an alert to sell Crypto. Its' because they have day-sell days where price corrects for 1 day and then returns over the course of the next couple of days to a mean-reversion, average price. They move quick in and out.

29 Nov

Catatan

dollar cost averaging accumulation the way to get ahead in Crypto. Buy on dips. instead of being distracted by dozens of different Crypto, hone in on 2 or 3 maximum. You will get to know how each moves. I did a trading course once with a fellow in Singapore, the course was rubbish but the one thing I never forgot and am still yet to deploy his advice, he said trade 1 only currency pair. 1 only.