ForecastCity

There is a possibility for the beginning of an uptrend in WTCUSD

Long
BINANCE:WTCUSD   Walton / US Dollar (calculated by TradingView)
Technical analysis:
. Walton/Dollar 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 56.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.839400 to 1.383800). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (1.839400)
Ending of entry zone (1.383800)

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= @ 2.721600
TP2= @ 3.505300
TP3= @ 5.105280
TP4= @ 6.346210
TP5= @ 7.629800
TP6= @ 10.05280
TP7= @ 11.80870
TP8= @ 18.58420
TP9= @ 29.54300
TP10= Free

HighAccurate forecast for
🌟36 Forex Pairs:1.010.346 pips track record profit
🌟155 Cryptos
🌟Gold,Silver,Oils,Gas
🌟Best Profitable Trading Strategies

in 9 languages

since 2007
http://www.ForecastCity.com
🌟FREE Telegram
t.me/forecastcity_com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.