Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (137.0800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 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 79.
Take Profits:
TP1= @ 147.4485
TP2= @ 157.4260
TP3= @ 167.3430
TP4= @ 181.5110
TP5= @ 200.0000
SL= Break below S2
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