. Cardano/ Ethereum is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 29.
. While the downtrend and the price downtrend in the are not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.00028200 to 0.00026900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00028200)
Ending of entry zone (0.00026900)
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:
TP1= @ 0.00030900
TP2= @ 0.00032600
TP3= @ 0.00034090
TP4= @ 0.00037000
TP5= @ 0.00039500
TP6= @ 0.00043000
TP7= @ 0.00050500
TP8= @ 0.00055000
TP9= @ 0.00071900
In terms of opportunity for spectacular gains, the important Alts (having been dumped for Bitcoin) are now ripe for going long. A few pennies on Alts around now can reap thousands of percentage increases in the next few years. The reward:risk ratio if very very nice on many of them. No tips on selecting - people need to do their own research.