There is a trading opportunity to buy in WAXETHTechnical analysis:
. WorldwideAssetExchange/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 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00028120 to 0.00024130). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00028120)
Ending of entry zone (0.00024130)
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= @ 0.00032480
TP2= @ 0.00034110
TP3= @ 0.00036050
TP4= @ 0.00040340
TP5= @ 0.00045320
TP6= @ 0.00050300
TP7= @ 0.00057460
TP8= @ 0.00066510
TP9= Free
WLong
