Long Term Premium Perspective For Binance Chain To Become A Champion
|Rubika Ventures||Nov 1, 2019|
Hi Rubikators! With the following educational article, we want to really teach you how to become a true champion in the cryptocurrency market.
For this case, we want to show you that it is not necessary to stay on the computer 24 hours a day watching one of your favorite currencies, and neither be analyzing entire charts hours after hours.
We want to teach you that by being patient and knowing a well-structured strategy you can earn money, lots of money and get excellent profits.
That is why in the following lines we want to present to you by our specialized team of analysts, a long-term premium perspective for one of the cryptocurrencies that really makes the most sense within our beloved crypto asset market.
So while we sing together “Hallelujah” with the video that we have left here, pay close attention to the following indicators that will make this and next year steal a nice smile with Binance Chain.
One Of The Most Sense Projects
CZ really is a visionary man. We say this because it really carries in your head the global thinking of the cryptocurrency market. That is, he is not only looking to connect people with communities, but he is also looking for every day many people in the world can easily negotiate crypto assets.
With the Binance project, CZ achieved for the beginning of 2017 and 2018 that the cryptocurrency community had a hope of a good project to invest. We say this because, for the previous years, the cryptocurrency market was beginning to become saturated with many ICOs that promised a lot but were really useless.
So we have to say, that Binance Chain is one of the few currencies that make sense within the market. And really very useful, in the sense that it helps a lot to save fees when doing exchange operations within the exchange.
By the time this article was written, Binance Chain was positioned in the seventh position of the coinmarketcap, with a total capitalization of approximately $ 3.12 Billion dollars and a final trading volume during the last 24 hours of approximately $ 254.3 Million.
Making a study of the correlation and taking as a reference to the dollar market, Binance Chain for the last months began to correlate with Bitcoin indirectly. However, we know that in recent months Binance Chain did not follow the trend that Bitcoin followed, rather it was only against the trend.
But if we make a good technical analysis and fundamental for the coming months, we can assess that this divergence between trends is changing and is exactly what we want to show you in the following lines of text.
Trend Reversal That Will Make Us Profit
If we start analyzing Binance Chain for intraday periods we can see that after the last price drop, it made a trend reversal and now it keeps oscillating between 0.00193514 BTC and 0.00233428 BTC, if we take the Bitcoin market as a reference. All indicators show neutrality and a period of accumulation.
In the case of the dollar market, at the time of writing this article, for the intra-day time, Binance Chain will show a price correction, which can range between $ 18 and $ 21. In general, we can see the high trend formed after the last price drop and the reversal made.
The good thing is that the Ichimoku cloud shows us a bullish feeling in this time frame.
Now if we are projecting the price for longer times we can have a perspective that will make us understand once and for all that daytrade operations are frustrating in a way. That’s why we want you to think differently, think like an investor.
Graphic Time That Really Matters
The movement that Binance Chain had been making in the daily chart is very peculiar.
After the last high history very close to 0.00462069 BTC did not stop making inverted cups and that movement reached approximately 0.00178433 and taking as reference the Bitcoin market, which then after the latest positive news that we know the price made a reversal trend and now positioning the price in quadrant of very important support, that is located between 0.00193514 BTC and 0.00233428 BTC.
What we can highlight is that the volume of negotiations has remained neutral. The fact that Binance Chain is a highly useful currency to pay for feeds in pair exchange operations makes this evident.
We firmly believe that for the next few days Binance Chain will continue to accumulate within the green box we have marked and at the prices we have said above.
In the case of the dollar market, the Binance Exchange daily chart shows a correction trend that will mark an upcoming Elliot wave. The price can be positioned very close to $17 and then return to $21, as we mentioned earlier.
Graphic Time That Will Give Us Good Profit
Now, if we move the price to the weekly chart we can be surprised by the Bitcoin Market. And it is exactly the graphic time that was recommended for our premium club champions to analyze.
If we study the MACD indicator in the weekly chart, we can see that a cross of means is starting. Then, we faithfully believe that for the next bullrun we can be obtaining more than 150% of profits, testing the maximum historical again. RSI pointing 40 points is already a good indication of a new high trend.
Remember, that particularly our personal strategy, and depending on the time frame, we enter into purchases when the RSI is at this point and the MACD begins a new trajectory aiming at the reversal point.
That same situation that was explained above is happening within the dollar market.
With this, we learn one thing, the greater times in the assets can give us a more structured vision towards where the price can go the next weeks and months. It is clear that the road will not be easy, but in the end we will reach the goal.
Never Told That Arriving Would Be Easy
So with everything we have described here we want to show you a lesson. Transfer the Binance Chain chart for the monthly chart, we can see that the path we want to follow will not be easy, but in the end, we will arrive.
For now, it shows us a possible start of a new high trend. But we say that the road will not be easy due to the fact that most of the prices within the cryptocurrency market are influenced by many factors and among them the news of the project itself.
So, our personal advice is that: to accumulate in the area that we have mentioned above for the dollar market and for the Bitcoin market and wait for the magic to happen in the next bullrun.
A Final Recommendation
The recommendation then that we want to make you become a true champion, is to analyze all possible scenarios of assets within the market. That is, look at the micro and the macro. This is how professional inventors really do.
So you don’t need to be sitting at the computer for 24 hours to monitor the market and see what assets can generate daily profits.
In particular, we do not do that. That is why we want to make life easier for you through a complex task for us but for you it will be easy to understand.
In particular, we do not do that. That is why we want to make life easier for you through a complex task for us but for you, it will be easy to understand.
So that’s what our premium club is basically about. We want to make life easier for you to live your life in peace and become that champion investor you have always dreamed of being.
See you in the next. With Love 💛, Rubikators Team.
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