. MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 51.
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested (0.0181 to 0.0170). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0181)
Ending of entry zone (0.0170)
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= @ 0.0200
TP2= @ 0.0211
TP3= @ 0.0224
TP4= @ 0.0232
TP5= @ 0.0249
TP6= @ 0.0262
TP7= @ 0.0273
TP8= @ 0.0304
TP9= @ 0.0320