. MONERO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 37.
. While the and the price downtrend in the are not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.0157 to 0.0147). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0157)
Ending of entry zone (0.0147)
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= @ 0.0180
TP2= @ 0.0191
TP3= @ 0.0200
TP4= @ 0.0211
TP5= @ 0.0220
TP6= @ 0.0232
TP7= @ 0.0249
TP8= @ 0.0262
TP9= @ 0.0273
TP10= @ 0.0304
TP11= @ 0.0320
★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com