Technical analysis: . VERGE/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 59.
Trading suggestion: . We opened 8 BUY trade(s) @ 0.00005311 (day close price) based on a reversal candle ( Valley ) at 07.30.2018 . Price is in the support zone (0.0000560 to 0.0000482), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000560) Ending of entry zone (0.0000482)
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= @ 0.0000625 TP2= @ 0.0000700 TP3= @ 0.0000796 TP4= @ 0.0000968 TP5= @ 0.0001186 TP6= @ 0.0001453 TP7= @ 0.0002030 TP8= Free
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