BSC(Binance Smart Chain) Trading Tips:
General Tips
1.Diversify portfolio:
Spread investments across various BSC tokens.
2. Timing is key:
Buy dips, sell rallies.
3.Research thoroughly: Understand token fundamentals.
Technical Tips
1.Chart patterns: Identify triangles, wedges, and head-and-shoulders patterns.
2.Indicators: Use RSI, MACD, and Bollinger Bands.
3.Leverage wisely: Use margin trading judiciously (max 5x).
BSC Specific Tips
1.Focus on popular tokens
BNB, CAKE, PancakeSwap tokens.
2. Watch for token burns Increases scarcity, boosts price.
3. Follow Binance news Announcements impact BSC token prices.