ForecastCity
Long

A trading opportunity to buy in DGBETH

BITTREX:DGBETH   DigiByte / Ethereum
Technical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.0000686). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000771)
Ending of entry zone (0.0000686)

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= @ 0.0000903
TP2= @ 0.0001034
TP3= @ 0.0001221
TP4= @ 0.0001458
TP5= Free
Trade active: Weekly update: TP2 hit with 11160 profit ...


Trade Setup:
We opened 5 BUY trade(s) @ 0.00007882 based on 'Hammer' entry method at 08.09.2018.


Total Profit: 11160 pip
Closed trade(s): 3606 pip Profit
Open trade(s): 7554 pip Profit

Closed Profit:
TP1 @ 0.0000903 touched at 08.15.2018 with 1148 Profit.
TP2 @ 0.0001034 touched at 08.28.2018 with 2458 Profit.
1148 + 2458 = 3606

Open Profit:
Profit for one trade is 0.00010400 (current price) - 0.00007882 (open price) = 2518 pip
3 trade(s) still open, therefore total profit for open trade(s) is 2518 x 3 = 7554 pip

Take Profits:
TP3= @ 0.0001221
TP4= @ 0.0001458
TP5= Free
Trade active: Weekly update: TP3 hit with 16490 pip profit ...


Trade Setup:
We opened 5 BUY trade(s) @ 0.00007882 based on 'Hammer' entry method at 08.09.2018.


Total Profit: 16490 pip
Closed trade(s): 7934 Profit
Open trade(s): 8556 Profit

Closed Profit:
TP1 @ 0.0000903 touched at 08.15.2018 with 1148 Profit.
TP2 @ 0.0001034 touched at 08.28.2018 with 2458 Profit.
TP3 @ 0.0001221 touched at 09.08.2018 with 4328 Profit.
1148 + 2458 + 4328 = 7934

Open Profit:
Profit for one trade is 0.00012160 (current price) - 0.00007882 (open price) = 4278 pip
2 trade(s) still open, therefore total profit for open trade(s) is 4278 x 2 = 8556 pip
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.0001458
TP5= Free
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