Technical analysis: . EthereumClassic/Bitcoin 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 57.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00133000 to 0.00124000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00133000) Ending of entry zone (0.00124000)
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= @ 0.00155500 TP2= @ 0.00164600 TP3= @ 0.00175200 TP4= @ 0.00182100 TP5= @ 0.00198500 TP6= @ 0.00221700 TP7= @ 0.00254800 TP8= @ 0.00277400 TP9= @ 0.00297000 TP10= @ 0.00388000 TP11= @ 0.00470000 TP12= @ 0.00560000 TP13= Free
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