ForecastCity

There is a trading opportunity to buy in BTGETH

Long
BINANCE:BTGETH   None
Technical analysis:
. BitcoinGold/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 44.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.079700 to 0.068100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.079700)
Ending of entry zone (0.068100)

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= @ 0.090000
TP2= @ 0.105960
TP3= @ 0.121340
TP4= @ 0.135070
TP5= @ 0.149380
TP6= @ 0.173670
TP7= @ 0.240830
TP8= @ 0.380120
TP9= @ 0.599320
TP10= Free

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