This chart illustrates key bullish and bearish chart patterns used in technical analysis, such as Double Bottom, Head & Shoulders, and Wedges. It explains entry points, stop-loss placements, and profit targets for each pattern, helping traders identify trend reversals and continuation opportunities for informed decision-making in the market.
The chart suggests a bullish outlook for Solana in the short term, targeting $181, as long as it stays above the $161–$162 support. Traders may look for confirmation through volume increase or bullish candlestick patterns before entering.
#OrderTypes101 Order types are essential tools for traders on Binance to manage how and when their trades are executed. The most common types include Market Orders, which are executed instantly at the current market price, and Limit Orders, where users set a specific price at which they want to buy or sell. Stop-Limit Orders combine both stop and limit conditions, offering more control. Another type is the OCO (One Cancels the Other) order, which allows traders to place two orders simultaneously. Understanding these order types helps traders manage risk, automate strategies, and take advantage of market opportunities more efficiently.