There is a possibility of the beginning an uptrend in CHATBTC
Updated
Technical analysis:
. CHATCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. The RSI downtrend & The price downtrend in the daily chart are 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 (0.00000303 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000303)
Ending of entry zone (0.00000237)
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= @ 0.00000411
TP2= @ 0.00000490
TP3= @ 0.00000696
TP4= @ 0.00000848
TP5= @ 0.00001000
TP6= @ 0.00001287
TP7= @ 0.00001510
TP8= @ 0.00001919
TP9= @ 0.00002327
TP10= @ 0.00002908
TP11= @ 0.00003646
TP12= Free
. CHATCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. The RSI downtrend & The price downtrend in the daily chart are 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 (0.00000303 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000303)
Ending of entry zone (0.00000237)
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= @ 0.00000411
TP2= @ 0.00000490
TP3= @ 0.00000696
TP4= @ 0.00000848
TP5= @ 0.00001000
TP6= @ 0.00001287
TP7= @ 0.00001510
TP8= @ 0.00001919
TP9= @ 0.00002327
TP10= @ 0.00002908
TP11= @ 0.00003646
TP12= Free
Trade active
Weekly update: TP2 hit with 1225 pip profit ... Trade Setup:
We opened 12 BUY trade(s) @ 0.00000313 based on 'Valley' entry method at 09.13.2018.
Total Profit: 1225 pip
Closed trade(s): 275 Profit
Open trade(s): 950 Profit
Closed Profit:
TP1 @ 0.00000411 touched at 09.21.2018 with 98 Profit.
TP2 @ 0.00000490 touched at 09.21.2018 with 177 Profit.
98 + 177 = 275
Open Profit:
Profit for one trade is 0.00000406 (current price) - 0.00000313 (open price) = 95
10 trade(s) still open, therefore total profit for open trade(s) is 95 x 10 = 950
Take Profit:
TP3= @ 0.00000696
TP4= @ 0.00000848
TP5= @ 0.00001000
TP6= @ 0.00001287
TP7= @ 0.00001510
TP8= @ 0.00001919
TP9= @ 0.00002327
TP10= @ 0.00002908
TP11= @ 0.00003646
TP12= Free
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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