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HOT-ETH

There is a possibility for the beginning of an uptrend in HOTETHTechnical analysis: . HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000741 to 0.00000644). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000741) Ending of entry zone (0.00000644) 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= @ 0.00000827 TP2= @ 0.00000885 TP3= @ 0.00000936 TP4= @ 0.00001028 TP5= @ 0.00001115 TP6= @ 0.00001204 TP7= @ 0.00001288 TP8= @ 0.00001491 TP9= Free
Long
by ForecastCity
2