Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.02990).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC 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 55.20.
Take Profits:
TP1= @ 0.03240
TP2= @ 0.03490
TP3= @ 0.03700
TP4= @ 0.03900
TP5= @ 0.04230
TP6= @ 0.04610
SL= Break below S2
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