Long

There is a trading opportunity to buy in WAVESETH

Technical analysis:
. Waves/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 support.
. The RSI is at 70.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00550 to 0.00425). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00550)
Ending of entry zone (0.00425)

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 2: Conditions of a Perfect Hammer

Take Profits:
TP1= @ 0.0072
TP2= @ 0.0091
TP3= @ 0.0110
TP4= @ 0.0133
TP5= @ 0.0156
TP6= @ 0.0192
TP7= @ 0.0214
TP8= @ 0.0241
TP9= @ 0.0289
TP10= Free
Chart PatternsETHEthereum (Cryptocurrency)Technical IndicatorsTechnical AnalysisTrend AnalysiswavesWAVESETHwavesethereum

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