ForecastCity

There is a trading opportunity to buy in WABIBNB

Long
BINANCE:WABIBNB   TAEL / Binance Coin
Technical analysis:
. WaBi/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 (0.02170 to 0.01690). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.02170)
Ending of entry zone (0.01690)

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= @ 0.02830
TP2= @ 0.03333
TP3= @ 0.03890
TP4= @ 0.04620
TP5= @ 0.06910
TP6= @ 0.10410
TP7= @ 0.13240
TP8= @ 0.16060
TP9= @ 0.20090
TP10= @ 0.25220
TP11= Free
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