ForecastCity
Long

There is a possibility of the beginning of an uptrend in WABIBNB

BINANCE:WABIBNB   TAEL / BNB
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
http://www.ForecastCity.com

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out