Mastering Fibonacci Retracement Binance Trading Strategy
There’s a wide range of technical analysis (TA) tools and indicators that traders may use to try and predict future price action. These may include complete market analysis frameworks, such as the Wyckoff Method, Elliott Wave Theory, or the Dow Theory. They can also be indicators, such as Moving Averages, the Relative Strength Index (RSI), Stochastic RSI, Bollinger Bands, Ichimoku Clouds, Parabolic SAR, or the MACD. The Fibonacci retracement tool is a popular indicator used by thousands of traders in the stock markets, forex, and cryptocurrency markets. Fascinatingly, it’s based on the Fibonacci sequence discovered more than 700 years ago. This article will go through what the Fibonacci retracement tool is and how you can use it to find important levels on a chart.
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How to Use Ichimoku Clouds in Binance Trading
The Ichimoku Cloud is a method for technical analysis that combines multiple indicators in a single chart. It is used on candlestick charts as a trading tool that provides insights into potential support and resistance price zones. It is also used as a forecasting tool, and many traders employ it when trying to determine future trends direction and market momentum. The Ichimoku Cloud was conceptualized in the late 1930s by a Japanese journalist named Goichi Hosada. However, his innovative trading strategy was only published in 1969, after decades of studies and technical improvements. Hosada called it Ichimoku Kinko Hyo, which translates from Japanese as “equilibrium chart at a glance.”
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What is the Wyckoff Method? Does It work for Binance Trading
What is the Wyckoff Method? The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for tr...
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Meet the Women Who #ChoosetoChallenge with Crypto [Part 1]
The crypto industry, which is estimated to reach $3 trillion in market cap by 2025, is still disproportionately geared towards men. Encouragingly, more women are subscribing to the...
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Meet the Women Who #ChoosetoChallenge with Crypto [Part 2]
In the second article in a two-part series on how women #ChoosetoChallenge with crypto and Binance, read and be inspired by the stories of our female ambassadors, who in their own ...
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What's the Difference? Two Ways to Trade BTC: Traditional Exchanges and P2P Marketplaces
Buying your first bitcoin might seem like an arduous task, but you shouldn’t worry; it’s simple, secure, and fast. But before you execute your first buy, you need to pick a platfor...
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How Binance Security team helped recover $30M funds from Meerkat Finance Hack
On March 4, 2020, just one day after its official launch, Meerkat Finance lost 31.5 million USD that included 73,000 BNB ($18M approx.) and $14 million in BUSD of users funds in a ...
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Bitcoin, Stocks, Gold, or Bonds? Where to Store Your Hard-Earned Money.
The financial world is changing. New assets are challenging some of the most reliable and popular investments of recent history. With massive money printing happening wo...
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The Evolution of BNB: From Fees to Global DeFi Infrastructure
BNB launched just over three years ago. It initially found its way to the crypto market through an Initial Coin Offering (ICO) taking place from June 26 to July 3, 2017. BNB was im...
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