StormGain Review

StormGain Review

No KYC Required
USDT stablecoin settlement
Good Mobile App
Interest on deposits.
0% swap for day trading.
Traditional and advanced trading features that include trading signals.
24-7 customer support.
Binance Review

Binance Review

Very low fees
Ease of use, quick trading times
Ability to buy and sell crypto with fiat
Wide range of cryptocurrencies
High liquidity
One of the most innovative exchanges
How to Use Ichimoku Clouds in Binance Trading

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.”
How Moving Average Convergence Divergence (MACD) Indicator works on Binance

How Moving Average Convergence Divergence (MACD) Indicator works on Binance

The Moving Average Convergence Divergence (MACD) is an oscillator-type indicator that is widely used by traders for technical analysis (TA). MACD is a trend-following tool that utilizes moving averages to determine the momentum of a stock, cryptocurrency, or another tradeable asset. Developed by Gerald Appel in the late 1970s, the Moving Average Convergence Divergence indicator tracks pricing events that have already occurred and, thus, falls into the category of lagging indicators (which provide signals based on past price action or data). The MACD may be useful for measuring market momentum and possible price trends and is utilized by many traders to spot potential entry and exit points. Before diving into the mechanisms of MACD, it is important to understand the concept of moving averages. A moving average (MA) is simply a line that represents the average value of previous data during a predefined period. In the context of financial markets, moving averages are among the most popular indicators for technical analysis (TA) and they can be divided into two different types: simple moving averages (SMAs) and exponential moving averages (EMAs). While the SMAs weight all data inputs equally, EMAs assign more importance to the most recent data values (newer price points).