There is a possibility for the beginning of an uptrend in BTSBTC

POLONIEX:BTSBTC   BitShares / Bitcoin
Technical analysis:
. BITSHARES/BITCOIN 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 42.
. 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 (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00002134)
Ending of entry zone (0.00001560)

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:
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Love your analysis. Keep them coming.
+3 Reply
@MFINITI, TNX for your comment
+2 Reply
Great analysis so far, keep it up!
+3 Reply
Excellent! as always!
Thank You for sharing!
+3 Reply
I like your detailed analysis, very much. Thank you for this and your time, offering us all this.
+2 Reply
Bullion_Money Best_Forecast
@Best_Forecast, except there track record isnt that great. Few good calls in the beginning
+2 Reply
Best_Forecast Bullion_Money
@Bullion_Money, They publish only some sample free crypto forecasts here, but I am following their paid service!
Very thoughtful, congratz n thanks a lot giving me a better direction and surely earning money. Two thumbs up and God bless you always
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, thanks mate
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