There is a possibility for the beginning of an uptrend in QSHETHTechnical analysis:
. QASH/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 56.
. 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 (0.0009770 to 0.0008310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0009770)
Ending of entry zone (0.0008310)
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= @ 0.0012060
TP2= @ 0.0013020
TP3= @ 0.0014150
TP4= @ 0.0015120
TP5= @ 0.0018140
TP6= @ 0.0021960
TP7= Free
QSH
A trading opportunity to buy in QSHUSDTechnical analysis:
. QASH/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 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.21470 to 0.13220). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.21470)
Ending of entry zone (0.13220)
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= @ 0.31873
TP2= @ 0.35712
TP3= @ 0.49634
TP4= @ 0.60814
TP5= @ 0.71895
TP6= @ 0.87943
TP7= @ 1.08299
TP8= @ 1.36725
TP9= Free
