Technical analysis: . Reddcoin/Dollar 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 (0.00139200 to 0.00090200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00139200) Ending of entry zone (0.00090200)
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= @ 0.00214000 TP2= @ 0.00270300 TP3= @ 0.00375000 TP4= @ 0.00507000 TP5= @ 0.00598000 TP6= @ 0.00714000 TP7= @ 0.00840000 TP8= @ 0.01169000 TP9= @ 0.00089900 TP10= Free
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