There is a possibility for the beginning of an uptrend in MCOBTCTechnical analysis:
. CRYPTO.COM/BITCOIN 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 44.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000660 to 0.000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000660)
Ending of entry zone (0.000600)
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= @ 0.000750
TP2= @ 0.000827
TP3= @ 0.000965
TP4= @ 0.001077
TP5= @ 0.001188
TP6= @ 0.001347
TP7= @ 0.001550
TP8= @ 0.001710
TP9= Free
Mcobitcoin
There is a possibility for the beginning of an uptrend in MCOBTCTechnical analysis:
. CRYPTO.COM/BITCOIN 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 64.
. 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 (0.000660 to 0.000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000660)
Ending of entry zone (0.000600)
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= @ 0.000750
TP2= @ 0.000827
TP3= @ 0.000965
TP4= @ 0.001077
TP5= @ 0.001188
TP6= @ 0.001347
TP7= @ 0.001550
TP8= @ 0.001710
TP9= Free
There is a possibility for the beginning of an uptrend in MCOBTCTechnical analysis:
. MONACO/BITCOIN 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00064900 to 0.00056070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00064900)
Ending of entry zone (0.00056070)
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= @ 0.00086450
TP2= @ 0.00102580
TP3= @ 0.00115790
TP4= @ 0.00128800
TP5= @ 0.00147650
TP6= @ 0.00171360
TP7= @ 0.00201490
TP8= @ 0.00238400
TP9= @ 0.00347400
TP10= Free
