ForecastCity

A trading opportunity to buy in VIBEBTC

Long
BINANCE:VIBEBTC   None
Technical analysis:
. VIBE/BITCOIN 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 46.
. While the RSI downtrend is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000900 to 0.00000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000900)
Ending of entry zone (0.00000600)

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= @ 0.00001320
TP2= @ 0.00001750
TP3= @ 0.00002250
TP4= @ 0.00002850
TP5= @ 0.00003760
TP6= @ 0.00005740
TP7= @ 0.00009140
TP8= @ 0.00012660
TP9= Free

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