Everything you need to know about Binancecoin :)
I am continue to show you Wyckoff accumulation phase examples on cryptos , now best example of Ascending Channel as reversal pattern: Binance Coin BNBUSD Price now in Mark Up phase, so there is no good entry for mid-long-term traders Previous analysis for BNB gained around 100% so far, you can check it here:
In the chart i used 2 indicators William %R and Stoch. 4h timeframe Stoch index tried to escape first time above 50(trigger for uptrend) ,but he couldnt managed and comed back down at 45 , meanwhile on chart we got formed a HAMMER PATTERN + on %R Index we got a nice rebound over trendline so we go again to beat stoch index at 50 ...it succeded so we got a nice...
Introduction Developed by Gerald Appel in the late seventies, the Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available. The MACD turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from the shorter moving average. As a...
Hello Traders, A follower has asked for a simple TA on this pair so I have kept this as simple as I can. The two major features of the chart are the descending triangle on price. You can see with the Blue circles, we keep putting in the same or lower highs. The Yellow circles show us that we are putting in the same lows. When we have lower highs, and the...