Technical analysis: . CRYPTO.COM/BITCOIN 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 73. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000660 to 0.000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000660) Ending of entry zone (0.000600)
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= @ 0.000743 TP2= @ 0.000827 TP3= @ 0.000888 TP4= @ 0.001004 TP5= @ 0.001122 TP6= @ 0.001288 TP7= @ 0.001500 TP8= @ 0.001710 TP9= Free