There is a possibility for the beginning of an uptrend in GASETHTechnical analysis:
. Gas/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 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01593000 to 0.01444000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01593000)
Ending of entry zone (0.01444000)
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= @ 0.01860000
TP2= @ 0.02150000
TP3= @ 0.02503000
TP4= @ 0.02687000
TP5= @ 0.03208000
TP6= @ 0.03778000
TP7= @ 0.04347000
TP8= @ 0.06190000
TP9= Free
GASETH
There is a possibility for the beginning of an uptrend in GASETHTechnical analysis:
. GAS/ETHEREUM 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 51.
. While the RSI and the price uptrend in the Daily chart are not broken, Bullish wave in price would continue .
. The price downtrend in the daily chart is 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 (0.02500000 to 0.02150000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02500000)
Ending of entry zone (0.02150000)
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= @ 0.03200000
TP2= @ 0.03770000
TP3= @ 0.04340000
TP4= @ 0.05150000
TP5= @ 0.06190000
TP6= @ 0.07290000
TP7= @ 0.08360000
TP8= Free
