ForecastCity

There is a trading opportunity to buy in ETCETH

Long
POLONIEX:ETCETH   Ethereum Classic / Ethereum
Technical analysis:
. EthereumClassic/ 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.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.02450000)
Ending of entry zone (0.02247455)

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 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= @ 0.027150
TP2= @ 0.029500
TP3= @ 0.032900
TP4= @ 0.037824
TP5= @ 0.040700
TP6= @ 0.044862
TP7= @ 0.050730
TP8= @ 0.058700
TP9= @ 0.069900
TP10= Free
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Comments

Love the clean analysis, very nice
+2 Reply
ForecastCity Best_Forecast
@Alexander_007, We appreciate your kind words.
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fxniki Best_Forecast
@Alexander_007, I feel the same about it.
+1 Reply
@fxniki, Thanks
Reply
Thanks for publishing such an amazing trading opportunity to buy in ETCETH.
+1 Reply
@fxniki, You're welcome. Please don't mention it.
Reply