🎓 Binance opens its doors to the Indian market
This news is huge for our smashing #BNB holders. The currency has been gaining massive amounts of exposure recently, leading the way in the IEO wave of 2019.
With this latest addition, Binance can now offer its services and investment vehicles to an additional 1.37 billion people.
India is generally hostile towards to crypto but displays some brilliant innovation and developments in blockchain technology. The job market has been exploding. Plenty of coders and young cypherpunks are being headhunted by the industry leaders.
In contrast to this, the federal level banks in India are constantly trying to restrict this market and cap its growth with their sway in the political sphere.
With a global player like Binance stepping into play, this should bring some much-needed surety and influence, with regards to crypto, to the Indian market.
https://twitter.com/cz_binance/status/1141523323492298752?s=20
This news is huge for our smashing #BNB holders. The currency has been gaining massive amounts of exposure recently, leading the way in the IEO wave of 2019.
With this latest addition, Binance can now offer its services and investment vehicles to an additional 1.37 billion people.
India is generally hostile towards to crypto but displays some brilliant innovation and developments in blockchain technology. The job market has been exploding. Plenty of coders and young cypherpunks are being headhunted by the industry leaders.
In contrast to this, the federal level banks in India are constantly trying to restrict this market and cap its growth with their sway in the political sphere.
With a global player like Binance stepping into play, this should bring some much-needed surety and influence, with regards to crypto, to the Indian market.
https://twitter.com/cz_binance/status/1141523323492298752?s=20
Twitter
CZ Binance
Opens the door to another 1.37 billion people. #usebnb #buybnb https://t.co/ayqIU1ZdNG
🎓#SpotTrade 🎓
🎓 #BNB / BTC - View PDF (Click charts for links)
🔸Signal Info: Binance Coin
Rank: #7
Exchange: Binance (Trade)
Direction: LONG
Status: Limit Entries Set
🔸Current Price: 0.00214
Entry: 0.0021
Take Profit: 0.00232, 0.00262, 0.00302
Stop Limit: 0.00192 (-8.6)
🎓 #BNB / BTC - View PDF (Click charts for links)
🔸Signal Info: Binance Coin
Rank: #7
Exchange: Binance (Trade)
Direction: LONG
Status: Limit Entries Set
🔸Current Price: 0.00214
Entry: 0.0021
Take Profit: 0.00232, 0.00262, 0.00302
Stop Limit: 0.00192 (-8.6)
🎓Trade Update 🎓
🎓 #BNB / BTC - View Chart
🔸Signal Info: Binance Coin
Rank: #7
Exchange: Binance (Trade)
Direction: LONG
Changes: Open 50% position at market price.
🔸Current Price: 0.002153
Entry: 0.0021, 0.00215
Take Profit: 0.00232, 0.00262, 0.00302
Stop Limit: 0.00192 (-8.6)
🎓 #BNB / BTC - View Chart
🔸Signal Info: Binance Coin
Rank: #7
Exchange: Binance (Trade)
Direction: LONG
Changes: Open 50% position at market price.
🔸Current Price: 0.002153
Entry: 0.0021, 0.00215
Take Profit: 0.00232, 0.00262, 0.00302
Stop Limit: 0.00192 (-8.6)
🎓Trade Update🎓
#PERL - Position closed at a loss at 735sats for -6%.
#BNB - Second buy order filled, but the coin is dumping heavily. Stop remains untiggered bellow. Well see if we can ride it out until then. The new Binance IEO has been announced and we are seeing a fresh wave of volume and volatility around the launch pad tokens and the BNB coin itself. Accumulation phase expect to come on soon.
#ETC - Position on Ethereum classic has held despite the colour in the market.
#PERL - Position closed at a loss at 735sats for -6%.
#BNB - Second buy order filled, but the coin is dumping heavily. Stop remains untiggered bellow. Well see if we can ride it out until then. The new Binance IEO has been announced and we are seeing a fresh wave of volume and volatility around the launch pad tokens and the BNB coin itself. Accumulation phase expect to come on soon.
#ETC - Position on Ethereum classic has held despite the colour in the market.
🎓Trade Update🎓
🎓 #BNB / BTC - View Chart
Traders were certainly eager to accumulate some BNB on sale, and our stop was positioned just right. Major early warning dump signal on the DMI that was not acted upon. That's what a bearish signal on this indicator looks like.
🎓 #BNB / BTC - View Chart
Traders were certainly eager to accumulate some BNB on sale, and our stop was positioned just right. Major early warning dump signal on the DMI that was not acted upon. That's what a bearish signal on this indicator looks like.
#BNB - View Chart
The Binance peg is what ultimately caused the stop on Perlin. A little $400 pump on BTC right shook the market yesterday. Done a -5% on BNB, and this translates into a -15% on most IEO coins it looks like. Either way, the price has reclaimed its position above the 25MA. Lines up nice with the previous low at the start of the month (05/09 @ 0.002023). Currently trading @ 0.002162 stop at 0.00195. Average entry 0.002075
The Binance peg is what ultimately caused the stop on Perlin. A little $400 pump on BTC right shook the market yesterday. Done a -5% on BNB, and this translates into a -15% on most IEO coins it looks like. Either way, the price has reclaimed its position above the 25MA. Lines up nice with the previous low at the start of the month (05/09 @ 0.002023). Currently trading @ 0.002162 stop at 0.00195. Average entry 0.002075
🎓 Mashed Market Commentary 🎓
Alright, we have a move to work with. I have been watching charts and scouting Alts all weekend, but it's all for not if BTC doesn't play along.
#BTC has "dumped" so to say, or that's what you see people talking about. Some $40mil worth of long positions got licked earlier today, but we have taken our fill on this move. Entry calls at $10 100 have been filled. Price was about $60 short of the second entry at 10k.
BTC Dominance has crossed a significant line. The 25MA has held this uptrend in check. It has now been crossed definitively. Ethereum is showing strength on the USD pair. Could the correlation be breaking?
The market is still very much at a precipice, fear greed has been at a standstill for weeks now. Traders have been slightly fearful over this period with average readings clearly at about 40% Fear.
RSI scanner is looking pretty uneventful. Only the top 4 currencies are pulling in more than 2000BTC volume for the day. #BNB is tops and its flat as could be. #EOS is cooling off a bit after the rush late last week. #LINK is rising and could be a buy signal there. #XRP seems to have had a pitiful response to the BTC dump. This isn't altogether bad news, could the correlation also be breaking on Ripple?
Alright, we have a move to work with. I have been watching charts and scouting Alts all weekend, but it's all for not if BTC doesn't play along.
#BTC has "dumped" so to say, or that's what you see people talking about. Some $40mil worth of long positions got licked earlier today, but we have taken our fill on this move. Entry calls at $10 100 have been filled. Price was about $60 short of the second entry at 10k.
BTC Dominance has crossed a significant line. The 25MA has held this uptrend in check. It has now been crossed definitively. Ethereum is showing strength on the USD pair. Could the correlation be breaking?
The market is still very much at a precipice, fear greed has been at a standstill for weeks now. Traders have been slightly fearful over this period with average readings clearly at about 40% Fear.
RSI scanner is looking pretty uneventful. Only the top 4 currencies are pulling in more than 2000BTC volume for the day. #BNB is tops and its flat as could be. #EOS is cooling off a bit after the rush late last week. #LINK is rising and could be a buy signal there. #XRP seems to have had a pitiful response to the BTC dump. This isn't altogether bad news, could the correlation also be breaking on Ripple?
🎓Trade Update🎓
🎓 #BNB / BTC - View Chart
Position in Binance coin just about breaking even again. Not the most thilling trade, but let us see if it can perform now.
🎓 #BNB / BTC - View Chart
Position in Binance coin just about breaking even again. Not the most thilling trade, but let us see if it can perform now.
🎓Trade Update🎓
🎓 #IOTA / BTC
🔸Status:✅ Postion stopped @ +23%
🎓 #ETC / BTC
🔸Status:❎ Postion stopped @ +2%
🎓 #BNB / BTC
🔸Status:✳️ Postion open @ +2%
⤴️Raising stop to break even @ 0.00207500
🎓 #KMD / BTC
🔸Status:✳️ Postion open @ +3.6%
⤴️Raising stop to break even @ 0.00006750
🎓 #DGB / BTC
🔸Status:✳️ Postion open @ +4%
⤴️Raising stop to break even @ 0.00000078
🎓 #IOTA / BTC
🔸Status:✅ Postion stopped @ +23%
🎓 #ETC / BTC
🔸Status:❎ Postion stopped @ +2%
🎓 #BNB / BTC
🔸Status:✳️ Postion open @ +2%
⤴️Raising stop to break even @ 0.00207500
🎓 #KMD / BTC
🔸Status:✳️ Postion open @ +3.6%
⤴️Raising stop to break even @ 0.00006750
🎓 #DGB / BTC
🔸Status:✳️ Postion open @ +4%
⤴️Raising stop to break even @ 0.00000078
🎓Trade Update 🎓
Markets are pretty quiet, BTC has been making some big moves but there is a lot of indecision about the direction we are headed. Alts have dumped hard this weekend, and we are keeping an eye on our watch list coins for the best entries
🎓 #BNB / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #KMD / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #DGB / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #MTL / BTC
🔸Status:✳️ Postion open @ Breakeven
Markets are pretty quiet, BTC has been making some big moves but there is a lot of indecision about the direction we are headed. Alts have dumped hard this weekend, and we are keeping an eye on our watch list coins for the best entries
🎓 #BNB / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #KMD / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #DGB / BTC
🔸Status:❎ Postion stopped @ Breakeven
🎓 #MTL / BTC
🔸Status:✳️ Postion open @ Breakeven
🎓#SpotTrade 🎓
🎓 #BNB / BTC - View Chart
🔸Signal Info: Binance Coin
Rank: #8
Exchange: Binance (Trade)
Direction: LONG
Leverage: Binance Margin ✅
Status: Limit Entries Set
🔸Analysis
Binance coin is right at the apex of its most recent symetrical triangle pattern.
The pattern has broken down quite a number of times in the last few weeks. This time we are right in the middle of a weekly order block from the end of January this year.
Indicators are confirming the bullish bias. DM+ and Average directional ADX as stuck together, both appear to have significant potential energy. The orange DM- has just dipped its nose down on the 4h chart.
Looking for this formation to play out as a flat wedge so entries are set in the local low region.
🔸Current Price: 0.00188
Entry bellow: 0.00185
Take Profit: 0.00198, 0.00223 (50/50)
Stop Limit: 0.00175 (-5)
🎓 #BNB / BTC - View Chart
🔸Signal Info: Binance Coin
Rank: #8
Exchange: Binance (Trade)
Direction: LONG
Leverage: Binance Margin ✅
Status: Limit Entries Set
🔸Analysis
Binance coin is right at the apex of its most recent symetrical triangle pattern.
The pattern has broken down quite a number of times in the last few weeks. This time we are right in the middle of a weekly order block from the end of January this year.
Indicators are confirming the bullish bias. DM+ and Average directional ADX as stuck together, both appear to have significant potential energy. The orange DM- has just dipped its nose down on the 4h chart.
Looking for this formation to play out as a flat wedge so entries are set in the local low region.
🔸Current Price: 0.00188
Entry bellow: 0.00185
Take Profit: 0.00198, 0.00223 (50/50)
Stop Limit: 0.00175 (-5)