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QTUMETH

A trading opportunity to buy in QTUMETHTechnical analysis: . Qtum/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 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014950 to 0.013950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.014950) Ending of entry zone (0.013950) 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= @ 0.017910 TP2= @ 0.020200 TP3= @ 0.023570 TP4= @ 0.028240 TP5= @ 0.037080 TP6= @ 0.051400 TP7= Free
Long
by ForecastCity_EU
A trading opportunity to buy in QTUMETH.Technical analysis: . QTUM/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 46. . 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 (0.016700 to 0.013950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.016700) Ending of entry zone (0.013950) 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= @ 0.020200 TP2= @ 0.023570 TP3= @ 0.028240 TP4= @ 0.037080 TP5= @ 0.044220 TP6= @ 0.051400 TP7= @ 0.061560 TP8= @ 0.074510 TP9= Free
Long
by ForecastCity
A trading opportunity to buy in QTUMETHTechnical analysis: . QTUM/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 50. . While the RSI 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 (0.016700 to 0.013950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.016700) Ending of entry zone (0.013950) 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= @ 0.020200 TP2= @ 0.023570 TP3= @ 0.028240 TP4= @ 0.037080 TP5= @ 0.044220 TP6= @ 0.051400 TP7= @ 0.061560 TP8= @ 0.074510 TP9= Free
Long
by ForecastCity