Member-only story
I love trading. And I love crypto. Put the two together, and you get 24/7 opportunities to make money … with some skill!
While waiting for my son to wake up from a nap in the car, I headed over to Pancakeswap.Finance. On their Prediction app, you can guess if BNB will be above or below a locked price and win (or lose).
I have a lot of experience with technical analysis, so I’d say I have an edge, but I would not say that I’m always right.
Their Prediction app displays 5 minute “cards” with a locked price. Your job is to guess if in the next card, BNB will go up or down. Trading such a short time frame is extremely difficult due to volatility. But, if you know what to look for, you could improve your odds.
Above, you see the card that I entered and my “guess” was that BNB was going to be lower than the locked price of $649.20 within 5 minutes. If I win on my DOWN guess, I get paid 1.75 of my staked amount.
And below, is a TradingView 5 minute chart. The candles are tracing the upper Bollinger, buyer volume is decreasing, and the stochastic RSI is overbought. The tricky part here was that on longer…