A trading opportunity to buy in PPTETH

15 Des 2018

Technical analysis:
. POPULOUS/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 38.
. While the RSI downtrend 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 (0.012850 to 0.011500). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.012850)
Ending of entry zone (0.011500)

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= @ 0.014500
TP2= @ 0.016100
TP3= @ 0.019060
TP4= @ 0.021100
TP5= @ 0.024300
TP6= @ 0.028530
TP7= @ 0.032800
TP8= @ 0.038800
TP9= @ 0.046460
TP10= @ 0.065000
TP11= Free