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Cardano / Ethereum

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ADAETH trade ideas

There is a possibility for the beginning of an uptrend in ADAETHTechnical analysis: . Cardano/Ethereum is in a down trend 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 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00028200 to 0.00026900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00028200) Ending of entry zone (0.00026900) 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= @ 0.00030900 TP2= @ 0.00032600 TP3= @ 0.00034090 TP4= @ 0.00037000 TP5= @ 0.00039500 TP6= @ 0.00043000 TP7= @ 0.00050500 TP8= @ 0.00055000 TP9= @ 0.00071900 TP10= Free
Long
by ForecastCity
6
There is a possibility for the beginning of an uptrend in ADAETHTechnical analysis: . Cardano/Ethereum is in a down trend 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 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00028200 to 0.00026900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00028200) Ending of entry zone (0.00026900) 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= @ 0.00030900 TP2= @ 0.00032600 TP3= @ 0.00034090 TP4= @ 0.00037000 TP5= @ 0.00039500 TP6= @ 0.00043000 TP7= @ 0.00050500 TP8= @ 0.00055000 TP9= @ 0.00071900 TP10= Free
Long
by ForecastCity
6