ForecastCity
Long

There is a possibility for the beginning of an uptrend in WAXETH

BITTREX:WAXETH   Worldwide Asset Exchange / Ethereum
Technical analysis:
. Worldwide Asset Exchange/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 RSI is at 57.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00028120 to 0.00023025). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00028120)
Ending of entry zone (0.00023025)

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= @ 0.00033900
TP2= @ 0.00041435
TP3= @ 0.00048515
TP4= @ 0.00056870
TP5= @ 0.00069470
TP6= Free
Trade active: Weekly update: TP3 hit..!!
Trade active: Weekly update: TP4 hit..!!
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