Our “Crypto Bottom” Trading Indicator has correctly identified a buy in point on the 25th of February 2019.
Using this buy in point and selling at the peak price as identified by our NEW “Crypto Peak” Trade Indicator, you would have expected to net 26.87% PROFIT!!!
The increase in price may also be explained by positive developments including:
May 19 2018: Binance announces that it will reward double referral commission rewards to 40% for all accounts that hold 500 BNB or more, starting from 19th May 2018 ( ). Each user’s commission rate will then be adjusted at 12:00 AM ( ) each day based on their BNB holdings. The commission rate for all other users will remain at 20%.
May 22 2018: Binance lists TrueUSD.
May 23 2018: Binance lists Zencash.
May 24 2018: Binance announces that they are constructing Korean Marketing Team to increase adoption in the region.
May 25 2018: Binance adds support for Portugese.
May 28 2018: Binance Adds EOS/BNB, EOS/USDT Trading Pairs and EOS Mainnet Swap
May 28 2018: Binance lists Civic.
May 29 2018: Binance lists Theta token.
May 31 2018: Binance adds XRP/BNB, TUSD/USDT, XLM/USDT and IOTA/USDT Trading.
June 1 2018: Binance supports EOS mainnet swap.
June 5 2018: Binance lists Quarkchain.
June 6 2018: Binannce lists Nexus.
June 7 2018: Binance adds ENTJ/BNB trading pair.
June 5 2018: Binance invests in chiliZ, a blockchain-based platform that allows sport and esport organisations to tokenise voting rights to their fans.
June 6 2018: Binance has finally opened a bank account in Malta according to industry sources. This is an important step for Binance who have been wanting to open a fiat-to-crypto exchange.
June 7 2018: Binance lauches “Cryptocurrency Governance Initiative” ( ). Coins collaborating with Binance will be encouraged to sign up to the initiative, which will include promises not to “participate in pump and dump schemes.” Projects will also be held accountable for their white-paper claims to ensure that what is promised pre-ICO is actually delivered. Any breaking of those promises will have repercussions such as delisting or the withdrawal of any Binance investment.
October 6 2018: Binance invests in TravelbyBit an Australian startup that aims to create global point-of-sale ( ) payment system that incorporates blockchain technology into major airports around the world. Through this partnership, TravelbyBit will add Binance Coin as one of the select cryptocurrencies that airport visitors can use to pay for purchases made at TravelbyBit-affiliated merchants, including flights, souvenirs, and more.
November 22 2018: Binance announces partnerships with Refinitiv (a company affiliated with ) and Chainanalysis (a provider of cryptocurrency and investigation services). Both companies are aimed to ensure the trustworthiness of the Binance ecosystem by tackling and respectively.
January 18 2019: Binance announces that they have burned 1,623,818 BNB as part of their coin burn. This could lead to an upward pressure on prices as supply has been reduced.
January 18 2019: Binance launches Binance Jersey an exchange which offers secure, reliable fiat-to-crypto trading of the (EUR) and British Pound (GBP) with and in Europe and the U.K.
February 4, 2019: Binance announces that that have partnered with (a payment processing company) to enable users to buy cryptocurrencies with their credit cards directly on Binance.com.
February 20 2019: Binance announces that their decentralised cryptocurrency exchange has now entered public testnet phase (Binance Chain and Binance DEX).
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The “Crypto Bottom” and “Crypto Peak” crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
Published at Sun, 03 Mar 2019 02:06:51 +0000