ForecastCity

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

Long
BINANCE:ZILETH   Zilliqa / Ethereum
Technical analysis:
. ZILLIQA/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 (0.00013900 to 0.00013000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00013900)
Ending of entry zone (0.00013000)

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 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= @ 0.00014950
TP2= @ 0.00015330
TP3= @ 0.00016060
TP4= @ 0.00016710
TP5= @ 0.00018000
TP6= @ 0.00019030
TP7= @ 0.00021300
TP8= @ 0.00028760
TP9= Free
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Comments

Thanks for sharing a good TA. I just entered when the valley was formed.
+1 Reply
@fxniki, That's good. and you're welcome.
Reply
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