There is a possibility for the beginning of an uptrend in ETPETHTechnical analysis:
. ETP/Ethereum 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000)
Ending of entry zone (0.0016000)
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= @ 0.0032500
TP2= @ 0.0043000
TP3= @ 0.0055000
TP4= @ 0.0079500
TP5= @ 0.0098900
TP6= @ 0.0118350
TP7= @ 0.0146100
TP8= @ 0.0181700
TP9= Free
ETPETH
There is a possibility for the beginning of an uptrend 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 37.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003333 to 0.002510). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003333)
Ending of entry zone (0.002510)
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= @ 0.0045800
TP2= @ 0.0059900
TP3= @ 0.0065600
TP4= @ 0.0095500
TP5= @ 0.0137000
TP6= @ 0.0175000
TP7= Free
There is a probability for resuming of the uptrend in ETPETHTechnical analysis:
. ETP/ETHEREUM is in a range bound and the Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI and the price uptrend in the Daily chart are not broken, bullish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0141240 to 0.0126770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0141240)
Ending of entry zone (0.0126770)
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= @ 0.0167070
TP2= @ 0.0181620
TP3= @ 0.0199670
TP4= Free
