There is a possibility for the beginning of an uptrend in XLMBNBTechnical analysis:
. Stellar/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 (0.01960 to 0.01570). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01960)
Ending of entry zone (0.01570)
Entry signal:
XLong
