. LOOPRING/ETHEREUM 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 is at 53.
. The downtrend & The price downtrend in the are broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of temporary retracement to suggested (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00044300)
Ending of entry zone (0.00038850)
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= @ 0.00056080
TP2= @ 0.00063120
TP3= @ 0.00081630
TP4= @ 0.00096570
TP5= @ 0.00111550
TP6= @ 0.00132780
TP7= @ 0.00159920
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