ForecastCity
Long

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

BITTREX:ETCBTC   Ethereum Classic / Bitcoin
Technical analysis:
. EthereumClassic/Bitcoin is in a downtrend 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 41.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00166550)
Ending of entry zone (0.00148050)

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= @ 0.00182130
TP2= @ 0.00195640
TP3= @ 0.00216580
TP4= @ 0.00250380
TP5= @ 0.00277920
TP6= @ 0.00305280
TP7= @ 0.00344220
TP8= @ 0.00394020
TP9= @ 0.00470000
TP10= @ 0.00560000
TP11= @ 0.00820000
TP12= Free
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Do you have an LTC-BTC idea?
Reply
@arandon, No, we don't. We publish a new idea when the chart is in the good situation.
Reply
YasinDemir_BTC ForecastCity
@ForecastCity, Price is not coming to buy zone, I've been following since you posted. What is your opinion?
Reply
ForecastCity YasinDemir_BTC
@YasinDemir_BTC, Thank you for your comment.
To read more about "Simple Entry Methods for Trend Hunter Strategy" please visit tha page:
https://www.forecastcity.com/en/node/407
Reply
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