Zilliqabinancecoin
There is a trading opportunity to buy in ZILBNBTechnical analysis:
. Zilliqa/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 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003330 to 0.003040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003330)
Ending of entry zone (0.003040)
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= @ 0.003800
TP2= @ 0.004200
TP3= @ 0.004840
TP4= @ 0.005730
TP5= @ 0.006460
TP6= @ 0.007680
TP7= @ 0.009250
TP8= @ 0.010820
TP9= @ 0.013060
TP10= @ 0.015900
TP11= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002850 to 0.002500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002850)
Ending of entry zone (0.002500)
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= @ 0.003330
TP2= @ 0.003800
TP3= @ 0.004200
TP4= @ 0.004840
TP5= @ 0.005730
TP6= @ 0.006460
TP7= @ 0.007680
TP8= @ 0.009250
TP9= @ 0.010820
TP10= @ 0.013060
TP11= @ 0.015900
TP12= Free
