Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.05028). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Ethereum BNBETH is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is above the 21-Day WEMA which acts as a dynamic support.
. Relative strength index (RSI) is 45.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support...
Technical analysis:
. BINANCECOIN/ETHEREUM is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Trading suggestion:
. The price is in an uptrend and we forecast the uptrend would continue.
. There is a possibility of temporary retracement to suggested support...