ForecastCity
Long

There is a trading opportunity to buy in POLTETH

BITTREX:POLYETH   Polymath / Ethereum
Technical analysis:
. POLYMATH/ETHEREUM 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 34.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00062600 to 0.00055660). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00062600)
Ending of entry zone (0.00055660)

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= @ 0.00072200
TP2= @ 0.00084030
TP3= @ 0.00092080
TP4= @ 0.00106520
TP5= @ 0.00115040
TP6= @ 0.00142260
TP7= @ 0.00166170
TP8= Free
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