Technical analysis: . RequestNetwork/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 45.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000570) Ending of entry zone (0.00000480)
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= @ 0.00000740 TP2= @ 0.00000850 TP3= @ 0.00001020 TP4= @ 0.00001320 TP5= @ 0.00001600 TP6= @ 0.00001830 TP7= @ 0.00002045 TP8= @ 0.00003030 TP9= @ 0.00003830 TP10= @ 0.00004630 TP11= @ 0.00005770 TP12= @ 0.00007220 TP13 = Free