Long

There is a trading opportunity to buy in WTCBTC

Technical analysis:
. WALTON/BITCOIN 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 59.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)

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:
Price Action Lesson 3: Hammer, The first sign of beginning ...

Take Profits:
TP1= @ 0.0005370
TP2= @ 0.0006868
TP3= @ 0.0009590
TP4= @ 0.0011020
TP5= @ 0.0012770
TP6= @ 0.0016220
TP7= @ 0.0024590
TP8= @ 0.0038190
TP9= Free
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencyTechnical IndicatorsTrend AnalysiswaltonwaltonbitcoinwaltonbtcWTCwtcbitcoinWTCBTC

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