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

BINANCE:ZILBNB   Zilliqa / Binance Coin
There is a possibility for the beginning of an uptrend in ZILBNB
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


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.