Technical analysis:
. StatusNetworkToken/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.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart 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 (0.00000545 to 0.00000460). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000545)
Ending of entry zone (0.00000460)

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= @ 0.00000646
TP2= @ 0.00000710
TP3= @ 0.00000880
TP4= @ 0.00001040
TP5= @ 0.00001400
TP6= @ 0.00001685
TP7= @ 0.00001980
TP8= @ 0.00002380
TP9= @ 0.00002900
TP10= @ 0.00003740
TP11= Free