ForecastCity
Long

There is a trading opportunity to buy in BNBUSD

BINANCE:BNBUSD   Binance Coin / US Dollar (calculated by TradingView)
Midterm forecast:
. While the price is above the support 15.015, resumption of uptrend is expected.
. We make sure when the resistance at 18.880 breaks.
. If the support at 15.015 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:
. The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased.
. While the RSI uptrend #2 is not broken, bullish wave in price would continue.
. A trough is formed in daily chart at 16.500 on 07/16/2020, so more gains maximum to Major Resistance (18.880) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 59.

Trade Setup:
We opened 5 BUY trade(s) @ 17.713 based on 'Valley' entry method at 2020.07.21.

Take Profits:
TP1= 18.880
TP2= 20.800
TP3= 22.600
TP4= 26.580
TP5= Free

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . Please show your support back,
. . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️

💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
HighAccurate forecast for
★36 Forex Pairs: 750,000 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 8 languages

since 2007

http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com

Comments

this is great
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks. we're glad you like it.
+2 Reply
WOW
+3 Reply
ForecastCity Forecast_Crypto
+2 Reply
Thanks for your efforts!
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, We appreciate your comment.
+2 Reply
Thank you for the good work.
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, You're welcome. 💎🙏💎
+1 Reply
Very accurate and it is making a lot of sense
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We appreciate your support. 💎🙏💎
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out