There is a trading opportunity to buy in XVGETH

Technical analysis:
. VERGE/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 51.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00005070 to 0.00004590). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00005070)
Ending of entry zone (0.00004590)

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:
Price Action Lesson 3: Hammer, The first sign of beginning ...

Take Profits:
TP1= @ 0.0000565
TP2= @ 0.0000625
TP3= @ 0.0000700
TP4= @ 0.0000796
TP5= @ 0.0000968
TP6= @ 0.0001186
TP7= @ 0.0001453
TP8= @ 0.0002030
TP9= Free
Chart PatternsCryptocurrencyETHEthereum (Cryptocurrency)Technical IndicatorsTrend Analysisvergevergeethvergeethereumxvgxvgethxvgethereum

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