How to Use Ichimoku Clouds in Binance Trading
Strategies

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.”
Mastering Fibonacci Retracement Binance Trading Strategy
Strategies

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.
How many Ways to Trade Crypto on Binance? What's the Difference
Blog

How many Ways to Trade Crypto on Binance? What's the Difference

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 platform. Ideally, it should be easy to use and come with a range of payment options, assets, and financial products. It should have a good reputation, a solid security track record, and some other here’s and there’s. We previously wrote about how to choose an exchange you can trust, and it’s a must-read if you want to avoid making mistakes when picking your first (or next) crypto exchange. There are different ways to buy or trade bitcoin and other cryptos, each with its advantages and disadvantages. Some of the most popular are traditional centralized exchanges (CEX), P2P platforms, bitcoin ATMs, and decentralized exchanges (DEX). In this article, we’ll focus on the first two.