. SONM/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 is at 48.
. The downtrend & The price downtrend in the are broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of temporary retracement to suggested (0.00020480 to 0.00017635). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00020480)
Ending of entry zone (0.00017635)
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:
TP1= @ 0.0002319
TP2= @ 0.0002584
TP3= @ 0.0003023
TP4= @ 0.0003361
TP5= @ 0.0003803
TP6= @ 0.0004304
TP7= @ 0.0005391
TP8= @ 0.0007097