Ethereum Long Position 1 Day ChartEthereum Long Position
Entry Price - 1495 $
Stop Loss - 1240 $
First Target 2000 $
If eth Braked The 2000 $ Resistance Than We Get a New Target .
All the Best.
Ethethereum
A trading opportunity to buy in ETPETHTechnical analysis:
. ETP/Ethereum 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.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.03182)
Ending of entry zone (0.02924)
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= @ 0.034943
TP2= @ 0.037824
TP3= @ 0.040771
TP4= @ 0.044862
TP5= @ 0.050730
TP6= @ 0.063500
TP7= @ 0.088800
TP8= @ 0.109300
TP9= @ 0.129800
TP10= Free
