BTG NICE BUY ZONE In less than 12h frame indicators points strong reversal signals
short term long position would not be bad at current level
Btgethereum
Bitcoin gold hang manBitcoin gold looking to repeat a bullish reversal move in a downtrend, dual hang man wicks can be observed.
There is a trading opportunity to buy in BTGETHTechnical analysis:
. BitcoinGold/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 44.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.079700 to 0.068100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.079700)
Ending of entry zone (0.068100)
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= @ 0.090000
TP2= @ 0.105960
TP3= @ 0.121340
TP4= @ 0.135070
TP5= @ 0.149380
TP6= @ 0.173670
TP7= @ 0.240830
TP8= @ 0.380120
TP9= @ 0.599320
TP10= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BitcoinGold/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 is not broken, bearish wave in price would continue.
. The RSI is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.089900 to 0.078500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.089900)
Ending of entry zone (0.078500)
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= @ 0.105960
TP2= @ 0.121340
TP3= @ 0.135070
TP4= @ 0.149380
TP5= @ 0.173670
TP6= @ 0.240830
TP7= @ 0.380120
TP8= @ 0.599320
TP9= Free
There is a possibility for the beginning of an uptrend in PPCBTCTechnical analysis:
. PEERCOIN/BITCOIN 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 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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= @ 0.00019800
TP2= @ 0.00021500
TP3= @ 0.00025500
TP4= @ 0.00031580
TP5= @ 0.00049700
TP6= @ 0.00051700
TP7= @ 0.00060700
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/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 (0.109290 to 0.089890). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.109290)
Ending of entry zone (0.089890)
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= @ 0.130420
TP2= @ 0.149380
TP3= @ 0.173670
TP4= @ 0.240830
TP5= @ 0.380120
TP6= @ 0.599320
TP7= @ 1.059250
TP8= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/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 48.
. 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 (0.05810 to 0.05160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.05810)
Ending of entry zone (0.05160)
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= @ 0.0675
TP2= @ 0.0730
TP3= @ 0.0902
TP4= @ 0.1012
TP5= @ 0.1201
TP6= @ 0.1498
TP7= @ 0.1760
TP8= @ 0.2404
TP9= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/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 48.
. 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 (0.05810 to 0.05160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.05810)
Ending of entry zone (0.05160)
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= @ 0.0675
TP2= @ 0.0730
TP3= @ 0.0902
TP4= @ 0.1012
TP5= @ 0.1201
TP6= @ 0.1498
TP7= @ 0.1760
TP8= @ 0.2404
TP9= Free
