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Bitcoin Cash (BCHN) / Ethereum

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BCHETH trade ideas

There is a possibility for the beginning of an uptrend in BCHETHTechnical analysis: . BitcoinCash(ABC)/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 50. . 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 (1.03900000 to 0.91109000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.03900000) Ending of entry zone (0.91109000) 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= @ 1.19780000 TP2= @ 1.36010000 TP3= @ 1.53142000 TP4= @ 1.86488000 TP5= @ 2.00930000 TP6= @ 2.45582000 TP7= @ 2.92918000 TP8= @ 3.40601000 TP9= @ 4.08651000 TP10= @ 4.94872600 TP11= Free
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by ForecastCity