Technical analysis:
. VIBE/ETHEREUM is in a range bound 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 41.
. While the RSI 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 (0.000111 to 0.000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000111)
Ending of entry zone (0.000093)
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= @ 0.000140
TP2= @ 0.000155
TP3= @ 0.000180
TP4= @ 0.000216
TP5= @ 0.000243
TP6= @ 0.000303
TP7= @ 0.000353
TP8= @ 0.000410
TP9= @ 0.000513
TP10= 0.000605
TP11= Free
. VIBE/ETHEREUM is in a range bound 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 41.
. While the RSI 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 (0.000111 to 0.000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000111)
Ending of entry zone (0.000093)
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:
TP1= @ 0.000140
TP2= @ 0.000155
TP3= @ 0.000180
TP4= @ 0.000216
TP5= @ 0.000243
TP6= @ 0.000303
TP7= @ 0.000353
TP8= @ 0.000410
TP9= @ 0.000513
TP10= 0.000605
TP11= Free