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Nov 25, 2019 at 11:53 // News

Cryptocurrency exchange gives a bonus

A new cryptocurrency trading platform and exchange – Binapex – has presented a list of special features and bonuses. First-time users can get up to a $50 welcoming bonus upon registration today. is a simple, convenient and secure world-class cryptocurrency and fiat exchange platform, where users can get full access to services such as real-time trading data and charts.

Special Bonuses and Unbeatable Advantages

$50 Bonus Upon Registration offers one of the best global platforms for transparent cryptocurrency trading. Today, new users can retrieve a special welcome bonus of $50 USD upon registration. To get the bonus, clients should use the following promo code (6bcc-b19e-c09b-3f1b).


Margin Cryptocurrency Trading

Along with a regular cryptocurrency trading services, Binapex offers margin trading in Bitcoin (BTC) and Ethereum (ETH) with competitive low fees. Margin market available for a number of trading pairs allows transactions with a leverage up to x10. 

Free Trading Signals

Moreover, unlike many other cryptocurrency trading platforms, all Binapex users can get trading signals free of charge. Cryptocurrency trading signals are generated by special analysis that can offer traders suggestions to buy or sell tokens on the market.

In these up-to-date signals are integrated at the exchange level, which can help traders to track cryptocurrency market fluctuations and place profitable trading orders. This is especially important for newbie traders, who have no experience or knowledge of the volatility of the cryptocurrency market.

Trading signals

0% Fee

Another feature that can be opened allows users who reach a certain monthly trading volume is an ability to request a
special reduced fee or even get a 0% fee.  

This amazing features of exchange makes it one of the most convenient cryptocurrency exchanges in the world. Cryptocurrency traders can start using Binapex platform to make even bigger profitable deals and earn money easily and safe.


Secure and Fast Cryptocurrency Trading

When starting investing and trading, cryptocurrency users are especially looking for trusted trading platforms that allow them to save and increase their finances. Security is one of the top priorities at as well.

The access to every account on the cryptocurrency exchange has multiple levels of security. Users accounts are protected with a two-factor authentication that minimize the probability of any unauthorized access.

All services on Binapex adopt a multi-server architecture and various levels of controls, while all cryptocurrency funds are securely stored on the offline vaults. The combination of all these approaches ensures a maximum level of security provided to users of cryptocurrency exchange.

Furthermore, uses a
BACIX 100 rules-based index that is capable to objectively measure the overall long-term and short-term dynamics of cryptocurrency market. It is one of the most transparent, accurate and replicable cryptocurrency index today.

Follow the
registration on cryptocurrency exchange and enter a 6bcc-b19e-c09b-3f1b promo code to start your fast, profitable and secure tradings. 

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article. By Guest Author , 2019-11-25 11:53:00 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock

Nick Chong , 2019-11-10 12:00:38

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