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ForecastCity
Jan 27, 2021 2:24 PM

💡Don't miss the great buy opportunity in BNBBTC Long

Binance Coin / BitcoinBinance

Description

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0012860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. BNBBTC 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 66.

Take Profits:
TP1= @ 0.0013510
TP2= @ 0.0013920
TP3= @ 0.0014450
TP4= @ 0.0015000
TP5= @ 0.0015700
TP6= @ 0.0016700

SL= Break below S2

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Comments
DenizKilicDeniz
Good analysis as always! Simple, clear, and detailed. Thanks!
ForecastCity
@DenizKilicDeniz, You're very welcome! We hope you enjoy it.
Mehmetozdemi
Lovely analysis, think this could be a goer!
ForecastCity
@Mehmetozdemi, Thank you for your comment. We appreciate it 🌹
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