ForecastCity
Long

BATBTC , TP3 hit with 11162 profit. New Buy Opportunity..

BITTREX:BATBTC   Basic Attention Token / Bitcoin
BASIC ATTENTION TOKEN / DOLLAR
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.000032), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 11162
Closed trade(s): 4181 Profit
Open trade(s): 6981 Profit

Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP2 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
727 + 1427 + 2027 = 4181

Open Profit:
Profit for one trade is 0.000048(current price) -0.00002473(open price) = 2327
3 trade(s) still open, therefore total profit for open trade(s) is 2327 x 3 = 6981
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.000054
TP5= @0.000068
TP6= Free

Technical analysis:
Basic Attention Token/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 86.
Trade active: Don't miss the second chance to buy. TP4 hit with 10452 profit.
BASICATTENTIONTOKEN/DOLLAR
Trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is possibility of temporary retracement to suggested support line (0.000032), if so, traders can set orders based on Price Action and expect to reach short-term targets.

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 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 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 10452
Closed trade(s): 7108 Profit
Open trade(s): 3344 Profit

Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 7108

Open Profit:
Profit for one trade is 0.00004145(current price) -0.00002473(open price) = 1672
2 trade(s) still open, therefore total profit for open trade(s) is 1672 x 2 = 3344
All SLs moved to Break-even point.

Take Profit:
TP5= @0.000068
TP6= Free

Technical analysis:
Basic Attention Token/Dollar is in a range bound and resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 44.
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