ForecastCity

A trading opportunity to buy in XMRBTC

شراء
POLONIEX:XMRBTC   Monero / Bitcoin
Technical analysis:
. Monero/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 49.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01279700 to 0.01210440). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.01279700)
Ending of entry zone (0.01210440)

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= @ 0.01388900
TP2= @ 0.01479200
TP3= @ 0.01552700
TP4= @ 0.01632840
TP5= @ 0.01753490
TP6= @ 0.01922380
TP7= @ 0.02157680
TP8= @ 0.02393000
TP9= @ 0.02574855
TP10= @ 0.03152420
TP11= Free

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