There is a possibility for the beginning of an uptrend in OSTBNB
Technical analysis:
. Ost/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004580 to 0.003900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004580)
Ending of entry zone (0.003900)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005600
TP2= @ 0.006310
TP3= @ 0.008040
TP4= @ 0.010230
TP5= @ 0.014110
TP6= @ 0.021310
TP7= @ 0.027160
TP8= @ 0.032980
TP9= @ 0.041280
TP10= @ 0.051840
TP11= Free
. Ost/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004580 to 0.003900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004580)
Ending of entry zone (0.003900)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005600
TP2= @ 0.006310
TP3= @ 0.008040
TP4= @ 0.010230
TP5= @ 0.014110
TP6= @ 0.021310
TP7= @ 0.027160
TP8= @ 0.032980
TP9= @ 0.041280
TP10= @ 0.051840
TP11= Free
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🌟36 Forex Pairs
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FREE Telegram 👉 t.me/forecastcity_com
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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