Technical analysis:
. LOOPRING/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 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00033700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00039780)
Ending of entry zone (0.00033700)
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 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:
Take Profits:
TP1= @ 0.00045800
TP2= @ 0.00049450
TP3= @ 0.00056170
TP4= @ 0.00062600
TP5= @ 0.00069420
TP6= @ 0.00079130
TP7= @ 0.00091500
TP8= @ 0.00100400
TP9= @ 0.00114500
TP10= @ 0.00145200
TP11= Free
. LOOPRING/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 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00033700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00039780)
Ending of entry zone (0.00033700)
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 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:
Take Profits:
TP1= @ 0.00045800
TP2= @ 0.00049450
TP3= @ 0.00056170
TP4= @ 0.00062600
TP5= @ 0.00069420
TP6= @ 0.00079130
TP7= @ 0.00091500
TP8= @ 0.00100400
TP9= @ 0.00114500
TP10= @ 0.00145200
TP11= Free
HighAccurate forecast for
🌟36 Forex Pairs:1.010.346 pips track record profit
🌟175 Cryptos
🌟Gold,Silver,Oils,Gas
🌟Best Profitable Trading Strategies
in 9 languages
since 2007
www.ForecastCity.com
🌟FREE Telegram
t.me/forecastcity_com
🌟36 Forex Pairs:1.010.346 pips track record profit
🌟175 Cryptos
🌟Gold,Silver,Oils,Gas
🌟Best Profitable Trading Strategies
in 9 languages
since 2007
www.ForecastCity.com
🌟FREE Telegram
t.me/forecastcity_com