ForecastCity
Long

Ethereum CLA is going to the NORTH. We'll follow it for hunting

BITFINEX:ETCUSD   Ethereum Classic / U.S. Dollar
Technical analysis:
. ETHEREUM             CLASSIC / DOLLAR is in a range bound But beginning of Up trend is expected.
.The RSI is at 52.

Trading suggestion:
There is possibility of temporary retracement to suggested support zone (17.5 to 13.4), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (17.5)
.Ending of entry zone (13.4)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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 special version of our "Price Action" strategy FOLLOW our lessons:

(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take profits:
TP1= @ 23.8
TP2= @ 28.2
TP3= @ 32.6
TP4= @ 42.9
TP5= @ 46.9
TP6= @ Free
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How much profit should you take at each target?
Reply
@Daapstaaf, It depends on the size of investment, we take bigger for far targets, and smaller for near.
Reply
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