Technical analysis: . ETP/Ethereum Dollar 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 (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000) Ending of entry zone (0.0016000)
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 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= @ 0.0032500 TP2= @ 0.0043000 TP3= @ 0.0055000 TP4= @ 0.0079500 TP5= @ 0.0098900 TP6= @ 0.0118350 TP7= @ 0.0146100 TP8= @ 0.0181700 TP9= Free
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