There is a trading opportunity to buy in PPTETH

24 Oca 2019

Technical analysis:
. POPULOUS/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 resistance.
. The RSI is at 56.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.011500 to 0.010400). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.011500)
Ending of entry zone (0.010400)

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= @ 0.012700
TP2= @ 0.013600
TP3= @ 0.014500
TP4= @ 0.016100
TP5= @ 0.018800
TP6= @ 0.021100
TP7= @ 0.024650
TP8= @ 0.029390
TP9= @ 0.034130
TP10= @ 0.040900
TP11= @ 0.049500
TP12= @ 0.065000
TP13= Free