A second Chance to Buy in XRPETH...Technical analysis:
. RIPPLE/ETHEREUM 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 38.
trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.002169). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.002169).
Entry signal:
Signal to enter the market occurs when the price comes to " Support line " 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 reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.00093753 based on '2-D Hammer' entry method at 08.11.2018.
Total Profit: 794321 pip
Closed trade(s): 525229 pip Profit
Open trade(s): 269092 pip Profit
Closed Profit:
TP1 @ 0.001080 touched at 08.17.2018 with 14247 Profit.
TP2 @ 0.001130 touched at 08.17.2018 with 19247 Profit.
TP3 @ 0.001172 touched at 08.17.2018 with 23447 Profit.
TP4 @ 0.001321 touched at 09.06.2018 with 38347 Profit.
TP5 @ 0.001555 touched at 09.12.2018 with 61747 Profit.
TP6 @ 0.002349 touched at 09.21.2018 with 141147 Profit.
TP7 @ 0.003208 touched at 09.21.2018 with 227047 Profit.
14247 + 19247 + 23447 + 38347 + 61747 + 141147 + 227047 = 525229
Open Profit:
Profit for one trade is 0.00228299 (current price) - 0.00093753 (open price) = 134546 pip
2 trade(s) still open, therefore total profit for open trade(s) is 134546 x 2 = 269092 pip
All SLs moved to Break-even point.
Take Profit:
TP8= @ 0.003850
TP9= Free
