There is a trading opportunity to buy in DLTUSDTechnical analysis:
. AGRELLO/US Dollar 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.04700000 to 0.02750000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.04700000)
Ending of entry zone (0.02750000)
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= @ 0.07900000
TP2= @ 0.11218000
TP3= @ 0.13963000
TP4= @ 0.16455000
TP5= @ 0.20696000
TP6= @ 0.24885000
TP7= @ 0.38110000
TP8= @ 0.47476000
TP9= @ 0.59935000
TP10= @ 0.95222000
TP11= Free
DLT
#DLT hidden gem from traders accumulated sielently#DLT looks something like that has been accumulated heavily in past 20 days by whales coz from the chart it has already completed it's abc corrective pattern and rsi making higher highs indicating for bullish divergence, now completely set to make a blast, it has seen heavy buying 30 days ago but prices simply didn't hold the levels, probably due to growth in bitcoin, but now #DLT looks completely ready to start a new impulse wave.
Buy 1300-1450
T1 1700
T2 2200
SL 1150
