Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.05250 to 0.04500), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @0.06100 TP2= @0.06600 TP3= @0.07750 TP4= @0.08600 TP5= @0.09300 TP6= @0.11060 TP7= @0.15140 TP8= @Free...
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.0775 to 0.0660), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of entry zone (0.0775) .Ending of entry zone (0.0660) Take Profit: TP1= @0.0860 TP2= @0.1000 TP3= @0.1106 TP4=...
Ethereum is currently on long-term support line and starting to show signs of life, previously from 6700000 support gone bearish as Bitcoin started another bull race and reached new and new highs. As Bitcoin more and more likely is going to correct at some point, it is an opportunity for Ethereum to test that 6700000 level again. RSI and MACD entertain this idea...
Not trading this, just observing and forming my own opinions
After a long period of time we can finally see a break out of the downtrend. The weekly chart shows its heavily oversold + RSI Indicators are pointing north Perfect buy for longterm Target 1 - 0.10000000 Target 2 - 0.15000000
Price brokeout the ressistance and forming reversal wedge, need breakout of wedge_ressistance (0.618 F lvl - good assumption) to continue rising impulse. One more scenario is correcting to strong support+1.272 F lvl(on the background prediction about BTC fall to form C-leg) and go. Use F lvls 0.618 or 0.786 of Descending trend as targets