There is a possibility for the beginning of an uptrend in NPXETHTechnical analysis:
. PUNDIX/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 43.
. While 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 (0.00000450 to 0.00000410). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000450)
Ending of entry zone (0.00000410)
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= @ 0.00000495
TP2= @ 0.00000564
TP3= @ 0.00000633
TP4= @ 0.00000731
TP5= @ 0.00000856
TP6= @ 0.00001113
TP7= Free
Npx
There is a possibility for the beginning of an uptrend in NPXETHTechnical analysis:
. PUNDIX/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 43.
. While the RSI downtrend 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 (0.00000450 to 0.00000409). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000450)
Ending of entry zone (0.00000409)
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= @ 0.00000494
TP2= @ 0.00000564
TP3= @ 0.00000633
TP4= @ 0.00000731
TP5= @ 0.00000856
TP6= @ 0.00001113
TP7= Free
There is a trading opportunity to buy in NPXETHTechnical analysis:
. PUNDIX/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 47.
. While the RSI downtrend 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 (0.00000454 to 0.00000374). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000454)
Ending of entry zone (0.00000374)
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= @ 0.00000564
TP2= @ 0.00000639
TP3= @ 0.00000703
TP4= @ 0.00000848
TP5= @ 0.00001113
TP6= @ 0.00001293
TP7= Free
