ForecastCity
Long

A trading opportunity to buy is near in Binancecoin Ethereum...

BINANCE:BNBETH   Binance Coin / Ethereum
A trading opportunity to buy is near in Binancecoin Ethereum             ...
Technical analysis:
. BINANCECOIN/ETHEREUM is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.

Trading suggestion:
. The price is in an uptrend and we forecast the uptrend would continue.
. There is a possibility of temporary retracement to suggested support zone (0.02503 to 0.02330). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.02503)
Ending of entry zone (0.02330)

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 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= @ 0.02669
TP2= @ 0.02871
TP3= @ 0.03075
TP4= @ 0.03450
TP5= Free
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