New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
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:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle ( ) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
BitShares/Bitcoin 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.
The is at 51.