Technical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63.
Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00233) Ending of entry zone (0.00182)
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= @ 0.00282 TP2= @ 0.00324 TP3= @ 0.00350 TP4= @ 0.00470 TP5= @ 0.00560 TP6= @ 0.00820 TP7= @ 0.00951 TP8= Free
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