There is a trading opportunity to buy in POLTETHTechnical analysis:
. POLYMATH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00062600 to 0.00055660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00062600)
Ending of entry zone (0.00055660)
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= @ 0.00072200
TP2= @ 0.00084030
TP3= @ 0.00092080
TP4= @ 0.00106520
TP5= @ 0.00115040
TP6= @ 0.00142260
TP7= @ 0.00166170
TP8= Free