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Litecoinbinance

A trading opportunity to buy in LTCBNBTechnical analysis: . Litecoin/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 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (5.50 to 4.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (5.50) Ending of entry zone (4.70) 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= @ 6.50 TP2= @ 7.40 TP3= @ 8.30 TP4= @ 9.15 TP5= @ 10.00 TP6= @ 11.90 TP7= @ 14.15 TP8= @ 16.40 TP9= @ 19.60 TP10= @ 23.65 TP11= Free
Long
by ForecastCity