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2022-09-04 23:06:01 Educational Post:

What is OCO order?

An OCO, or “One Cancels the Other” order allows you to place two orders at the same time. It combines a limit order, with a stop-limit order, but only one of the two can be executed.

In other words, as soon as one of the orders get partially or fully filled, the remaining one will be canceled automatically. Note that manually canceling one of the orders will also cancel the other one.

The OCO feature is a simple but powerful tool, which allows you and other Binance users to trade in a more secure and versatile way. This special type of order can be useful for locking profits, limiting risks, and even for entering and exiting positions.

Important terms in OCO order.

Limit order

Price: The price of your limit order. This order will be visible on the order book.

Stop-Limit

Stop: The price at which your stop-limit order will be triggered (e.g., $300).
Limit: The actual price of your limit order after the stop is triggered (e.g., $290).

Amount: The size of your order (e.g., 5 BNB).

Total: The total value of your order (total cost). Open / Comment

2022-09-04 13:55:22 Open / Comment

2022-08-30 08:20:00 Bitcoin is now heading towards the resistance of the $20,700-$20,900 area. This is the critical level to flip for BTC, if BTC is able to hold above $20,900 then we see some upward movement towards the $22,500-$23,000 resistance level. If BTC is rejected from the $20,700-$20,900 resistance then we see a move towards the support zone of the $18,930-$19,300 area. Plan your trades according to support and resistance levels. Open / Comment

2022-08-29 13:39:59 USDT circulating supply keep increasing and whenever the stable coin dominance hit the supply trend line we see a bottom in BTC price or say a start of new rally. Stablecoin dominance is now again moving towards the circulating supply trend line and this is sign of possible BTC bottom. We may see an upward rally from mid September or early October. Open / Comment

2022-08-29 10:34:01 #BTC started compressing down and approaching towards our support zone of $18,930 - $19,300. Market may range this whole week and slowly dip till support area. Manage you alts position according to this. Open / Comment

2022-08-29 08:53:25 Open / Comment

2022-08-28 20:08:01 UNI analysis:

UNI is now testing the support of the $5.90-$6.00 area. You can open a long position in this zone with proper stop loss. The resistance is $6.60 area and $7.50-$7.60 area. Don't forget to use stop loss in this trade. Open / Comment

2021-10-01 17:44:15 XRP pushes back to the major resistance of $1.05 - $1.10 and got a large wick their l, which indicates a strong sell-off from there. Still not a good time to enter as the price must break the resistance zone for confirmation. Alternatively, around $0.89 becomes support so you can add some XRP if pull back to the support area. Open / Comment

2021-10-01 16:57:39 SXP made a high of $2.33, running around 17% in profits. Keep booking profits and shifting stops. BTC is also hodling above $45,000 which means alts have a room to play. $2.4 is the strong resistance zone. Break of this will send the SXP to $2.86 and higher. Open / Comment

2021-10-01 14:57:00 MATIC strong broke the downtrend line and BTC also strong breaking its highs. Currently, price is on its minor resistance area of $1.23. Acceptance above this zone will send the price to major resistance zone of $1.65 - $1.70. Those who bought at support can trail you stops. Open / Comment