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

2019년 6월 6일

Technical analysis:
. Horizen/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.03900)
Ending of entry zone (0.03600)

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= @ 0.04420
TP2= @ 0.05170
TP3= @ 0.05780
TP4= @ 0.06390
TP5= @ 0.07260
TP6= @ 0.08360
TP7= Free