Technical analysis: . Walton/Binance Coin 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 52.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.3000 to 0.2100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.3000) Ending of entry zone (0.2100)
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= @ 0.4478 TP2= @ 0.5798 TP3= @ 0.6737 TP4= @ 0.9318 TP5= @ 1.3771 TP6= @ 1.7408 TP7= @ 2.1013 TP8= @ 2.6185 TP9= @ 3.2748 TP10= @ 4.6552 TP11= Free
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