ForecastCity

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

Long
BINANCE:ZILBNB   Zilliqa / Binance Coin
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 50.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002850 to 0.002500). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.002850)
Ending of entry zone (0.002500)

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= @ 0.003330
TP2= @ 0.003800
TP3= @ 0.004200
TP4= @ 0.004840
TP5= @ 0.005730
TP6= @ 0.006460
TP7= @ 0.007680
TP8= @ 0.009250
TP9= @ 0.010820
TP10= @ 0.013060
TP11= @ 0.015900
TP12= Free

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