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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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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Get Your Ticket for the Binance 5YA Community Meetup on Eventbrite
Tickets for Binance 5YA event in Paris are now available on Eventbrite. We’ll be celebrating five years of the Binance community’s achievements on July 08, 2022, with a host of pan...
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Binance Cryptocurrency Trading and Investment Strategies
What is a trading strategy? A trading strategy is simply a plan you follow when executing trades. There’s no single correct approach to trading, so each strategy will largely dep...
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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.
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How To Use Binance Earn To Earn Compound Interest and Maximize Your Crypto Gains
Main Takeaways: To earn compound interest, users must continually reinvest the returns from interest-bearing products like crypto savings, loans, and staking. Wi...
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12 Binance Terms You Must Know Before Trading Cryptocurrency
Introduction Whether youre in the stock market, day trading Forex, or new to cryptocurrency, youll hear a lot of trading terms that may sound unfamiliar. FOMO, ROI, ATH, HODL, wh...
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How to Open Account and Deposit into Binance
It's very simple to open a trading account on Binance, all you need is an email address or phone number or Google/Apple account. After opening a successful account, you can deposit crypto from your personal crypto wallet to Binance or buy crypto directly on Binance.
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Binance Labs Launches Season 4 of its Incubation Program with 14 Early-Stage Start-ups
Binance Labs, the venture capital and incubation arm of Binance, announced that Season 4 of its global Incubation Program is launching on May 5th. Through the program, Binance Labs...
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