A trading opportunity to buy in DGBETH
Technical analysis:
. DigiByte/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 28.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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:
Take Profits:
TP1= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
. DigiByte/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 28.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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:
Take Profits:
TP1= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
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