There is a possibility of the beginning an uptrend in CHATBTCTechnical analysis:
. CHATCOIN/BITCOIN 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 60.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000303 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000303)
Ending of entry zone (0.00000237)
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:
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TP1= @ 0.00000411
TP2= @ 0.00000490
TP3= @ 0.00000696
TP4= @ 0.00000848
TP5= @ 0.00001000
TP6= @ 0.00001287
TP7= @ 0.00001510
TP8= @ 0.00001919
TP9= @ 0.00002327
TP10= @ 0.00002908
TP11= @ 0.00003646
TP12= Free
