. REDDCOIN/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 is at 35.
. The taking shape and as a suggest we will soon see another leg higher if price break and close above downtrend.
. There is a possibility of temporary retracement to suggested (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
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:
TP1= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196