There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis:
. CARDANO/BINACECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trade Setup:
We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018.
Beginning of entry zone (0.00740)
Ending of entry zone (0.00670)
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= @ 0.00880
TP2= @ 0.01020
TP3= @ 0.01140
TP4= @ 0.01440
TP5= @ 0.01675
TP6= @ 0.01915
TP7= @ 0.02250
TP8= @ 0.02685
TP9= Free
Long