ForecastCity

There is a trading opportunity to buy in WAVESBTC

Long
BINANCE:WAVESBTC   Waves / Bitcoin
Technical analysis:
. WAVES/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000700 to 0.000610). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.000700)
Ending of entry zone (0.000610)

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= @ 0.0007900
TP2= @ 0.0008380
TP3= @ 0.0008870
TP4= @ 0.0009800
TP5= @ 0.0010450
TP6= @ 0.0012090
TP7= Free

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