Technical analysis: . POPULOUS/ETHEREUM 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 53. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.013600 to 0.010500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013600) Ending of entry zone (0.010500)
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= @ 0.019000 TP2= @ 0.021100 TP3= @ 0.024300 TP4= @ 0.028500 TP5= @ 0.032800 TP6= @ 0.038800 TP7= @ 0.046400 TP8= @ 0.065000 TP9= Free