Technical analysis: . Golem/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 36.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00065000 to 0.00059000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00065000) Ending of entry zone (0.00059000)
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= @ 0.00073540 TP2= @ 0.00078350 TP3= @ 0.00085440 TP4= @ 0.00093080 TP5= @ 0.00103200 TP6= @ 0.00114110 TP7= @ 0.00135630 TP8= Free
@Boryn, Thank you for your comment.
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