ForecastCity
Long

A Great Buy Trading Opportunity for ETHBTC!!

BITFINEX:ETHBTC   Ethereum / Bitcoin
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.07195 to 0.06600), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

  • Beginning of entry zone (0.07195)
  • Ending of entry zone (0.06600)

Technical analysis:
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index ( RSI ) is 31.

Take Profits:
TP1= @ 0.08600
TP2= @ 0.10000
TP3= @ 0.11060
TP4= @ 0.12530
TP5= @ 0.15140
TP6= @ Free

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