Can Binance Take Advantage Of Ethereum's High Gas Fees

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    rollandthomas

    Published on Sep 08, 2020
    About :

    Binance was founded and run by the one of the great minds in the crypto space, Changpeng Zhao aka CZ. CZ was originally a coder who built high-frequency trading systems on Wall Street. He eventually moved into the crypto space working for crypto wallet/block explorer service Blockchain.info and serving as CTO for the crypto project OKCoin.

    But then CZ lauched Binance in the 2017 and in nine months, Binance became the world's largest cryptocurrency exchange by trading volume making CZ a billionaire in the process. The rest is kind of history, but Binance continues to make history and make money moves...now diving into the DeFi space.

    https://www.binance.com/en/blog/421499824684900933/Binance-Smart-Chain-Launches-Today

    https://cryptoticker.io/en/ethereum-killer-what-binance-smart-chain-means-for-defi/

    https://decrypt.co/41052/binance-jumps-on-the-defi-bandwagon-with-binance-launchpool

    https://eng.ambcrypto.com/undervalued-binance-coin-should-hope-exchange-shares-the-spoils/

    MY TRADING METHODOLOGY IN A NUTSHELL BELOW

    I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.

    I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

    Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
    Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
    Daily Charts (entry time frame) – which represents being on the football field with the player.
    4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.

    Tags :

    leofinance ethereum altcoins neoxian bitcoin

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