WAXUSD Buy Opportunity WeeklyWeekly buying opportunity as a result of a breakout from a falling wedge
A "weak top" has formed or a rounded top
these tops are usually rejected extremely bullishly
this pattern is probably the most bullish one ive seen in the past
Considered buying this but too attached to my BCH / XRP positions
Waxethereum
There is a trading opportunity to buy in WAXETHTechnical analysis:
. WorldwideAssetExchange/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 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00028120 to 0.00024130). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00028120)
Ending of entry zone (0.00024130)
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= @ 0.00032480
TP2= @ 0.00034110
TP3= @ 0.00036050
TP4= @ 0.00040340
TP5= @ 0.00045320
TP6= @ 0.00050300
TP7= @ 0.00057460
TP8= @ 0.00066510
TP9= Free
There is a possibility for the beginning of an uptrend in WAXETHTechnical analysis:
. Worldwide Asset Exchange/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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00028120 to 0.00023025). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00028120)
Ending of entry zone (0.00023025)
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= @ 0.00033900
TP2= @ 0.00041435
TP3= @ 0.00048515
TP4= @ 0.00056870
TP5= @ 0.00069470
TP6= Free
There is a possibility for the beginning of an uptrend in WAXETHTechnical analysis:
. Worldwide Asset Exchange/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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00028120 to 0.00023025). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00028120)
Ending of entry zone (0.00023025)
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= @ 0.00033900
TP2= @ 0.00041435
TP3= @ 0.00048515
TP4= @ 0.00056870
TP5= @ 0.00069470
TP6= Free
