Long

There is a trading opportunity to buy in PIVXBNB

Technical analysis:
. PIVX/BINANCECOIN 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 46.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.10200 to 0.08800). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.10200)
Ending of entry zone (0.08800)

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:
Price Action Lesson 3: Hammer, The first sign of beginning ...

Take Profits:
TP1= @ 0.13370
TP2= @ 0.15440
TP3= @ 0.17700
TP4= @ 0.20800
TP5= @ 0.29700
TP6= @ 0.36900
TP7= @ 0.44200
TP8= @ 0.54500
TP9= @ 0.67500
TP10= Free
binancecoinBNBChart PatternsCryptocurrencyTechnical IndicatorspivxpivxbinancecoinPIVXBNBTrend Analysis

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