There is a possibility for the beginning of an uptrend in FUNETH
Technical analysis:
. FUNFAIR/ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003140 to 0.00002810). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003140)
Ending of entry zone (0.00002810)
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= @ 0.00003770
TP2= @ 0.00004260
TP3= @ 0.00004740
TP4= @ 0.00005130
TP5= @ 0.00005740
TP6= @ 0.00006150
TP7= @ 0.00007300
TP8= @ 0.00008430
TP9= Free
. FUNFAIR/ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003140 to 0.00002810). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003140)
Ending of entry zone (0.00002810)
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= @ 0.00003770
TP2= @ 0.00004260
TP3= @ 0.00004740
TP4= @ 0.00005130
TP5= @ 0.00005740
TP6= @ 0.00006150
TP7= @ 0.00007300
TP8= @ 0.00008430
TP9= Free
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