A trading opportunity to buy in VIBEETH

Technical analysis:
. VIBE/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 45.

Trading suggestion:

. There is a possibility of temporary retracement to suggested support zone (0.0002430 to 0.0001800). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0002430)

Ending of entry zone (0.0001800)

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:

Price Action Lesson 3: Hammer, The first sign of beginning ...

Take Profits:
TP1= @ 0.0003190
TP2= @ 0.0004100
TP3= @ 0.0005130
TP4= @ 0.0006050
TP5= @ 0.0007630
TP6= @ 0.0009210
TP7= @ 0.0011460
TP8= @ 0.0014340
TP9= Free

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.