A trading opportunity to buy in BTCDBTC
Technical analysis:
. BITCOINDARK/BITCOIN 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 71.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00736080 to 0.00559310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00736080)
Ending of entry zone (0.00559310)
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= @ 0.01109300
TP2= @ 0.01310700
TP3= @ 0.01473000
TP4= @ 0.01662300
TP5= @ 0.02108900
TP6= @ 0.02556000
TP7= @ 0.03191500
TP8= @ 0.04001800
TP9= Free
. BITCOINDARK/BITCOIN 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 71.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00736080 to 0.00559310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00736080)
Ending of entry zone (0.00559310)
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= @ 0.01109300
TP2= @ 0.01310700
TP3= @ 0.01473000
TP4= @ 0.01662300
TP5= @ 0.02108900
TP6= @ 0.02556000
TP7= @ 0.03191500
TP8= @ 0.04001800
TP9= Free
High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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