Technical analysis: . PEERCOIN/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 50. . The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion: . Price is in the support zone (0.00013300 to 0.00011550), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00013300) Ending of entry zone (0.00011550)
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= @ 0.00017960 TP2= @ 0.00021130 TP3= @ 0.00025085 TP4= @ 0.00029140 TP5= @ 0.00033495 TP6= @ 0.00038600 TP7= @ 0.00047070 TP8= @ 0.00069000 TP9= Free