Technical analysis: . VIBE/ETHEREUM 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. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000111 to 0.000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000111) Ending of entry zone (0.000093)
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= @ 0.000140 TP2= @ 0.000155 TP3= @ 0.000180 TP4= @ 0.000216 TP5= @ 0.000243 TP6= @ 0.000303 TP7= @ 0.000353 TP8= @ 0.000410 TP9= @ 0.000513 TP10= 0.000605 TP11= Free
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