There is a trading opportunity to buy in PPTETH Technical analysis:
. POPULOUS/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 40.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.013700 to 0.012200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013700)
Ending of entry zone (0.012200)
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= @ 0.016100
TP2= @ 0.019000
TP3= @ 0.021100
TP4= @ 0.024300
TP5= @ 0.028500
TP6= @ 0.032800
TP7= @ 0.038800
TP8= @ 0.046400
TP9= @ 0.065000
TP10= Free
Populousethereum
There is a trading opportunity to buy in PPTETHTechnical analysis:
. POPULOUS/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 57.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.0145 to 0.0130). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0145)
Ending of entry zone (0.0130)
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:
Trade Setup:
We opened 9 BUY trade(s) @ 0.016082 based on ' Valley ' entry method at 09.04.2018.
Take Profits:
TP1= @ 0.019000
TP2= @ 0.021100
TP3= @ 0.024300
TP4= @ 0.028500
TP5= @ 0.032800
TP6= @ 0.038800
TP7= @ 0.046400
TP8= @ 0.065000
TP9= Free
There is a possibility for the beginning of an uptrend in PPTETHTechnical analysis:
. POPULOUS/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 53.
. 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 (0.013600 to 0.010500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013600)
Ending of entry zone (0.010500)
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= @ 0.019000
TP2= @ 0.021100
TP3= @ 0.024300
TP4= @ 0.028500
TP5= @ 0.032800
TP6= @ 0.038800
TP7= @ 0.046400
TP8= @ 0.065000
TP9= Free
