There is a possibility of the beginning an uptrend in EOSBNB

There is a possibility of the beginning an uptrend in EOSBNB

EOS / Binance Coin BINANCE:EOSBNB


Technical analysis:
. EOS/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 51.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.5440 to 0.4940). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.5440)
Ending of entry zone (0.4940)

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= @ 0.5980
TP2= @ 0.6460
TP3= @ 0.6800
TP4= @ 0.7610
TP5= @ 0.8400
TP6= @ 1.0000
TP7= @ 1.1000
TP8= Free