Technical analysis: . DECENTRALAND/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 (0.000181 to 0.000146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000181) Ending of entry zone (0.000146)
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= @ 0.0002156 TP2= @ 0.0002476 TP3= @ 0.0002843 TP4= @ 0.0003140 TP5= @ 0.0003619 TP6= @ 0.0004391 TP7= @ 0.0005273 TP8= @ 0.0006898 TP9= Free
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