A trading opportunity to buy BNBUSDT

in #bnb6 years ago

Technical analysis:

. BINANCECOIN/TETHERDOLLAR 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 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

download.png

Trading suggestion:

. There is a possibility of temporary retracement to suggested support zone (11.84 to 10.23). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (11.84)
Ending of entry zone (10.23)

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:
Price Action Lesson 3: Hammer, The first sign of beginning ...

Entrypoint .JPG

Take Profits:

TP1= @ 13.05
TP2= @ 13.79
TP3= @ 15.37
TP4= @ 17.30
TP5= @ 23.16
TP6= Free

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oh ok. Thanks for the signal

Stay tuned with me for more signal on crypto coin.

Nice article and interesting signal for bnb coin.keep suggesting such signal further.

Very nyc info bro

Nice !!!! Interesting contest

thank you for this post

nice information.

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