Technical analysis: . NEM/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 73.
Trade Setup: . We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018
Beginning of entry zone (0.01070) Ending of entry zone (0.00930)
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= @ 0.01320 TP2= @ 0.01410 TP3= @ 0.01600 TP4= @ 0.01750 TP5= @ 0.02030 TP6= @ 0.02310 TP7= @ 0.02700 TP8= @ 0.03200 TP9= Free
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