. Vechain/ 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 48.
. While the price downtrend in the is not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.00002380 to 0.00002075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002380)
Ending of entry zone (0.00002075)
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 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= @ 0.00002650
TP2= @ 0.00002910
TP3= @ 0.00003250
TP4= @ 0.00003850
TP5= @ 0.00004600
TP6= @ 0.00005400
TP7= @ 0.00006050
TP8= @ 0.00007700