Technical analysis: . LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014410) Ending of entry zone (0.012660)
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= @ 0.017200 TP2= @ 0.018660 TP3= @ 0.019493 TP4= @ 0.021320 TP5= @ 0.022868 TP6= @ 0.024030 TP7= @ 0.026240 TP8= @ 0.031060 TP9= @ 0.037180 TP10= Free
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