ForecastCity_EU

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

Long
BINANCE:VIBBTC   Viberate / Bitcoin
Technical analysis:
. VIBERATE/BITCOIN 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 55.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000765 to 0.00000588). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000765)
Ending of entry zone (0.00000588)

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 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= @ 0.00000963
TP2= @ 0.00001294
TP3= @ 0.00001560
TP4= @ 0.00001826
TP5= @ 0.00002690
TP6= Free

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