Technical analysis: . Miota/Bitcoin 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 40.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267) Ending of entry zone (0.0000213)
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= @ 0.0000349 TP2= @ 0.0000455 TP3= @ 0.0000623 TP4= @ 0.0000810 TP5= @ 0.0001012 TP6= @ 0.0001507 TP7= @ 0.0001906 TP8= Free