Technical analysis: . EthereumClassic/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 50.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02450000) Ending of entry zone (0.02247455)
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= @ 0.027150 TP2= @ 0.029500 TP3= @ 0.032900 TP4= @ 0.037824 TP5= @ 0.040700 TP6= @ 0.044862 TP7= @ 0.050730 TP8= @ 0.058700 TP9= @ 0.069900 TP10= Free
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