Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.003921 to 0.003400). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (0.003921)
• Ending of entry zone (0.003400)

Midterm forecast:

• Although current trend is uptrend, but we forecast a downtrend wave would begin in Midterm.

Technical analysis:

• A peak is formed in daily chart at 0.007140 on 04/22/2022, so more losses to support(s) 0.005000, 0.004500 and minimum to Trend Hunter Buy Zone (0.003921 to 0.003400) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 36.

Take Profits:

1. 0.004500
2. 0.005000
3. 0.005338
4. 0.005700
5. 0.006130
6. 0.006500
7. 0.007000
8. 0.007500
9. 0.009000