There is a trading opportunity to buy in ZECBTC
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01330 to 0.01250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01330)
Ending of entry zone (0.01250)
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:
Price Action Lesson 3: Hammer, The first sign of beginning ...
Take Profits:
TP1= @ 0.01490000
TP2= @ 0.01685000
TP3= @ 0.01970000
TP4= @ 0.02140000
TP5= @ 0.02335000
TP6= @ 0.02970000
TP7= @ 0.03485000
TP8= @ 0.04375000
TP9= @ 0.05645000
TP10= Free
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01330 to 0.01250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01330)
Ending of entry zone (0.01250)
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:
Price Action Lesson 3: Hammer, The first sign of beginning ...
Take Profits:
TP1= @ 0.01490000
TP2= @ 0.01685000
TP3= @ 0.01970000
TP4= @ 0.02140000
TP5= @ 0.02335000
TP6= @ 0.02970000
TP7= @ 0.03485000
TP8= @ 0.04375000
TP9= @ 0.05645000
TP10= 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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