Technical analysis: . ZILLIQA/BINANCECOIN 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 52.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100) Ending of entry zone (0.002600)
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= @ 0.004170 TP2= @ 0.004840 TP3= @ 0.005730 TP4= @ 0.006460 TP5= @ 0.007680 TP6= @ 0.009250 TP7= @ 0.010820 TP8= @ 0.013060 TP9= @ 0.015900 TP10= Free