Technical analysis: . ICON/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 43.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980) Ending of entry zone (0.000770)
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= @ 0.001400 TP2= @ 0.001760 TP3= @ 0.002250 TP4= @ 0.002965 TP5= @ 0.004325 TP6= @ 0.005420 TP7= @ 0.006520 TP8= Free
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.