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Loopringitcoin

There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis: . LOOPRING/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 57. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001540) Ending of entry zone (0.00001270) 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= @ 0.00002310 TP2= @ 0.00002760 TP3= @ 0.00003640 TP4= @ 0.00004360 TP5= @ 0.00005110 TP6= @ 0.00006290 TP7= @ 0.00007480 TP8= @ 0.00009160 TP9= @ 0.00011320 TP10= @ 0.00015400 TP11= Free
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by ForecastCity