Long

Aeternity would probably resume its uptrend again

Technical analysis:
. AETERNITY/ETHEREUM is in a Range Bound and Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.

Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00539 to 0.00509). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

. Beginning of entry zone (0.00539)
. Ending of entry zone (0.00509)

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:
Hammer Candlestick Pattern Definition

Take Profits:
TP1= @ 0.00624
TP2= @ 0.00658
TP3= @ 0.00738
TP4= @ 0.00868
TP5= Free
AEAEETHaeethereumaeternityaeternityethaeternityethereumChart PatternsETHEthereum (Cryptocurrency)Technical IndicatorspriceactionTrend Analysis

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