Technical analysis: . STELLAR/BITCOIN 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 40.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002925 to 0.00002800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002925) Ending of entry zone (0.00002800)
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= @ 0.00003120 TP2= @ 0.00003190 TP3= @ 0.00003320 TP4= @ 0.00003480 TP5= @ 0.00003720 TP6= @ 0.00003950 TP7= @ 0.00004290 TP8= @ 0.00004720 TP9= @ 0.00004970 TP10= @ 0.00005700 TP11= Free