There is a trading opportunity to buy in POLYBTC

27 Nov 2018

Technical analysis:
. Polymath/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 43.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002980 to 0.00002470). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00002980)
Ending of entry zone (0.00002470)

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= @ 0.00004290
TP2= @ 0.00004740
TP3= @ 0.00005220
TP4= @ 0.00006420
TP5= @ 0.00007790
TP6= @ 0.00009160
TP7= @ 0.00011100
TP8= @ 0.00013570
TP9= Free