Technical analysis: . EthereumClassic/Bitcoin is in a downtrend 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.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050)
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= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
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