There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
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 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= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free
