Technical analysis: . Zilliqa/BinanceCoin 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 51.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003330 to 0.003040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003330) Ending of entry zone (0.003040)
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= @ 0.003800 TP2= @ 0.004200 TP3= @ 0.004840 TP4= @ 0.005730 TP5= @ 0.006460 TP6= @ 0.007680 TP7= @ 0.009250 TP8= @ 0.010820 TP9= @ 0.013060 TP10= @ 0.015900 TP11= Free
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