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Long

There is a possibility for the beginning of an uptrend in BATBTC

BITTREX:BATBTC   Basic Attention Token / Bitcoin
Technical analysis:
. BasicAttentionToken/ Bitcoin is in a downtrend 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 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002480 to 0.00002080). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00002480)
Ending of entry zone (0.00002080)

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= @ 0.00002900
TP2= @ 0.00003100
TP3= @ 0.00003410
TP4= @ 0.00003830
TP5= @ 0.00004240
TP6= @ 0.00004820
TP7= @ 0.00005570
TP8= @ 0.0000678
TP9= Free
Trade active: Weekly update: TP2 hit with 2390 pip profit ...

Trade Setup:
We opened 9 BUY trade(s) @ 0.00002575 based on 'Hammer' entry method at 09.25.2018.

Total Profit: 2390 pip
Closed trade(s): 850 Profit
Open trade(s): 1540 Profit

Closed Profit:
TP1 @ 0.00002900 touched at 10.11.2018 with 325 Profit.
TP2 @ 0.00003100 touched at 10.11.2018 with 525 Profit.
325 + 525 = 850

Open Profit:
Profit for one trade is 0.00002795 (current price) - 0.00002575 (open price) = 220
7 trade(s) still open, therefore total profit for open trade(s) is 220 x 7 = 1540

Take Profit:
TP3= @ 0.00003410
TP4= @ 0.00003830
TP5= @ 0.00004240
TP6= @ 0.00004820
TP7= @ 0.00005570
TP8= @ 0.0000678
TP9= Free
Trade active: Weekly update: TP5 hit with 9821 pip profit ...

Trade Setup:
We opened 9 BUY trade(s) @ 0.00002575 based on 'Hammer' entry method at 09.25.2018.

Total Profit: 9821 pip
Closed trade(s): 4605 Profit
Open trade(s): 5216 Profit

Closed Profit:
TP1 @ 0.00002900 touched at 10.11.2018 with 325 Profit.
TP2 @ 0.00003100 touched at 10.11.2018 with 525 Profit.
TP3 @ 0.00003410 touched at 10.19.2018 with 835 Profit.
TP4 @ 0.00003830 touched at 10.20.2018 with 1255 Profit.
TP5 @ 0.00004240 touched at 10.22.2018 with 1665 Profit.
325 + 525 + 835 + 1255 + 1665 = 4605

Open Profit:
Profit for one trade is 0.00003879 (current price) - 0.00002575 (open price) = 1304
4 trade(s) still open, therefore total profit for open trade(s) is 1304 x 4 = 5216
All SLs moved to Break-even point.

Take Profit:
TP6= @ 0.00004820
TP7= @ 0.00005570
TP8= @ 0.0000678
TP9= Free
Trade active: Weekly update: TP7 hit with 11381 pip profit ...
Trade Setup:
We opened 9 BUY trade(s) @ 0.00002575 based on 'Hammer' entry method at 09.25.2018.
Total Profit: 11381 pip
Closed trade(s): 9845 Profit
Open trade(s): 1536 Profit

Closed Profit:
TP1 @ 0.00002900 touched at 10.11.2018 with 325 Profit.
TP2 @ 0.00003100 touched at 10.11.2018 with 525 Profit.
TP3 @ 0.00003410 touched at 10.19.2018 with 835 Profit.
TP4 @ 0.00003830 touched at 10.20.2018 with 1255 Profit.
TP5 @ 0.00004240 touched at 10.22.2018 with 1665 Profit.
TP6 @ 0.00004820 touched at 11.02.2018 with 2245 Profit.
TP7 @ 0.00005570 touched at 11.08.2018 with 2995 Profit.
325 + 525 + 835 + 1255 + 1665 + 2245 + 2995 = 9845

Open Profit:
Profit for one trade is 0.00003343 (current price) - 0.00002575 (open price) = 768
4 trade(s) still open, therefore total profit for open trade(s) is 768 x 2 = 1536
All SLs moved to Break-even point.

Take Profit:
TP8= @ 0.0000678
TP9= Free
Trade active: Weekly update: TP8 hit with 16655 pip profit ...
Trade Setup:
We opened 9 BUY trade(s) @ 0.00002575 based on 'Hammer' entry method at 09.25.2018.
Total Profit: 16655 pip
Closed trade(s): 14050 Profit
Open trade(s): 2605 Profit

Closed Profit:
TP1 @ 0.00002900 touched at 10.11.2018 with 325 Profit.
TP2 @ 0.00003100 touched at 10.11.2018 with 525 Profit.
TP3 @ 0.00003410 touched at 10.19.2018 with 835 Profit.
TP4 @ 0.00003830 touched at 10.20.2018 with 1255 Profit.
TP5 @ 0.00004240 touched at 10.22.2018 with 1665 Profit.
TP6 @ 0.00004820 touched at 11.02.2018 with 2245 Profit.
TP7 @ 0.00005570 touched at 11.08.2018 with 2995 Profit.
TP8 @ 0.00006780 touched at 03.29.2019 with 4205 Profit.
325 + 525 + 835 + 1255 + 1665 + 2245 + 2995 + 4205 = 14050

Open Profit:
Profit for one trade is 0.00005180 (current price) - 0.00002575 (open price) = 2605
4 trade(s) still open, therefore total profit for open trade(s) is 768 x 2 = 1536
All SLs moved to Break-even point.

Take Profit:
TP9= Free
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Comments

Weekly update: TP8 hit with 16655 pip profit ...

Trade Setup:
We opened 9 BUY trade(s) @ 0.00002575 based on 'Hammer' entry method at 09.25.2018.

Total Profit: 16655 pip
Closed trade(s): 14050 Profit
Open trade(s): 2605 Profit

Closed Profit:
TP1 @ 0.00002900 touched at 10.11.2018 with 325 Profit.
TP2 @ 0.00003100 touched at 10.11.2018 with 525 Profit.
TP3 @ 0.00003410 touched at 10.19.2018 with 835 Profit.
TP4 @ 0.00003830 touched at 10.20.2018 with 1255 Profit.
TP5 @ 0.00004240 touched at 10.22.2018 with 1665 Profit.
TP6 @ 0.00004820 touched at 11.02.2018 with 2245 Profit.
TP7 @ 0.00005570 touched at 11.08.2018 with 2995 Profit.
TP8 @ 0.00006780 touched at 03.29.2019 with 4205 Profit.
325 + 525 + 835 + 1255 + 1665 + 2245 + 2995 + 4205 = 14050

Open Profit:
Profit for one trade is 0.00005180 (current price) - 0.00002575 (open price) = 2605
4 trade(s) still open, therefore total profit for open trade(s) is 768 x 2 = 1536
All SLs moved to Break-even point.

Take Profit:
TP9= Free
Reply
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