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

BINANCE:DGDETH   DigixDAO / Ethereum
Technical analysis:
. DIGIXDAO/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 38.
. While price downtrend in the daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
Price is in the support zone (0.16500 to 0.14600), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (0.16500)
Ending of entry zone (0.14600)

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= @ 0.19600
TP2= @ 0.23000
TP3= @ 0.25650
TP4= @ 0.29100
TP5= @ 0.35750
TP6= @ 0.42300
TP7= @ 0.48800
TP8= @ 0.58100
TP9= @ 0.69950
TP10= Free

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