There is a possibility for the beginning of an uptrend in KMDBTC
Updated
Technical analysis:
. KOMODO/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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017200 to 0.00015600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017200)
Ending of entry zone (0.00015600)
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= @ 0.000193
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000312
TP5= @ 0.000423
TP6= @ 0.000512
TP7= @ 0.000601
TP8= @ 0.000728
TP9= @ 0.000880
TP10= Free
. KOMODO/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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017200 to 0.00015600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017200)
Ending of entry zone (0.00015600)
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= @ 0.000193
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000312
TP5= @ 0.000423
TP6= @ 0.000512
TP7= @ 0.000601
TP8= @ 0.000728
TP9= @ 0.000880
TP10= Free
Trade active
Weekly update: TP2 hit with 38494 pip profit ... Trade Setup:
We opened 10 BUY trade(s) @ 0.00018505 based on 'Hammer' entry method at 12.25.2018.
Total Profit: 38494 pip
Closed trade(s): 4590 Profit
Open trade(s): 33904 Profit
Closed Profit:
TP1 @ 0.000193 touched at 12.26.2018 with 795 Profit.
TP2 @ 0.000223 touched at 12.30.2018 with 3795 Profit.
795 + 3795 = 4590
Open Profit:
Profit for one trade is 0.00022743 (current price) - 0.00018505 (open price) = 4238
8 trade(s) still open, therefore total profit for open trade(s) is 4238 x 8 = 33904
All SLs moved to Break-even point.
Take Profit:
TP3= @ 0.000278
TP4= @ 0.000312
TP5= @ 0.000423
TP6= @ 0.000512
TP7= @ 0.000601
TP8= @ 0.000728
TP9= @ 0.000880
TP10= 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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