A trading opportunity to buy in GVTBTC

17 dic 2018

Technical analysis:
. GenesisVision/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 42.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0009000 to 0.0006500). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0009000)
Ending of entry zone (0.0006500)

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= @ 0.0011100
TP2= @ 0.0014560
TP3= @ 0.0019910
TP4= @ 0.0024260
TP5= @ 0.0028610
TP6= @ 0.0034830
TP7= @ 0.0042700
TP8= Free