Technical analysis: . WaBi/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 54.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02600 to 0.02170). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02600) Ending of entry zone (0.02170)
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= @ 0.03890 TP2= @ 0.04620 TP3= @ 0.05270 TP4= @ 0.06910 TP5= @ 0.10410 TP6= @ 0.13240 TP7= @ 0.16060 TP8= @ 0.20090 TP9= @ 0.25220 TP10= Free