ForecastCity
Long

A trading opportunity to buy in DOGEBTC

HITBTC:DOGEBTC   Dogecoin / Bitcoin
Technical analysis:
. DOGECOIN/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 price downtrend in the Daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000000363 to 0.000000350). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.000000363)
Ending of entry zone (0.000000350)

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= @ 0.000000385
TP2= @ 0.000000412
TP3= @ 0.000000450
TP4= @ 0.000000482
TP5= @ 0.000000540
TP6= @ 0.000000656
TP7= @ 0.000000751
TP8= @ 0.000000921
TP9= @ 0.000001075
TP10= Free
Trade active: Weekly update: TP5 hit with 1374 profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.000000375 based on 'Valley' entry method at 08.28.2018.


Total Profit: 1374 pip
Closed trade(s): 394 Profit
Open trade(s): 980 Profit

Closed Profit:
TP1 @ 0.000000385 touched at 08.30.2018 with 10 Profit.
TP2 @ 0.000000412 touched at 08.30.2018 with 37 Profit.
TP3 @ 0.000000450 touched at 08.30.2018 with 75Profit.
TP4 @ 0.000000482 touched at 08.31.2018 with 107 Profit.
TP5 @ 0.000000540 touched at 08.31.2018 with 165 Profit.
10 + 37 + 75 + 107 + 165 = 394

Open Profit:
Profit for one trade is 0.000000571 (current price) - 0.000000375 (open price) = 196
5 trade(s) still open, therefore total profit for open trade(s) is 196 x 5 = 980
All SLs moved to Break-even point.

Take Profit:
TP6= @ 0.000000656
TP7= @ 0.000000751
TP8= @ 0.000000921
TP9= @ 0.000001075
TP10= Free
Trade active: Weekly update: TP8 hit with 2181 profit ...


Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.000000363 to 0.000000350). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Trade Setup:
We opened 10 BUY trade(s) @ 0.000000375 based on 'Valley' entry method at 08.28.2018.


Total Profit: 2181 pip
Closed trade(s): 1597 Profit
Open trade(s): 584 Profit

Closed Profit:
TP1 @ 0.000000385 touched at 08.30.2018 with 10 Profit.
TP2 @ 0.000000412 touched at 08.30.2018 with 37 Profit.
TP3 @ 0.000000450 touched at 08.30.2018 with 75Profit.
TP4 @ 0.000000482 touched at 08.31.2018 with 107 Profit.
TP5 @ 0.000000540 touched at 08.31.2018 with 165 Profit.
TP6 @ 0.000000656 touched at 08.31.2018 with 281 Profit.
TP7 @ 0.000000751 touched at 09.01.2018 with 376 Profit.
TP8 @ 0.000000921 touched at 09.01.2018 with 546 Profit.
10 + 37 + 75 + 107 + 165 + 281 + 376 + 546 = 1597

Open Profit:
Profit for one trade is 0.000000667 (current price) - 0.000000375 (open price) = 292
2 trade(s) still open, therefore total profit for open trade(s) is 292x 2 = 584
All SLs moved to Break-even point.

Take Profit:
TP9= @ 0.000001075
TP10= Free
Trade active: Weekly update: TP9 hit with 2907 pip profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.000000375 based on 'Valley' entry method at 08.28.2018.


Total Profit: 2907 pip
Closed trade(s): 2297 Profit
Open trade(s): 610 Profit

Closed Profit:
TP1 @ 0.000000385 touched at 08.30.2018 with 10 Profit.
TP2 @ 0.000000412 touched at 08.30.2018 with 37 Profit.
TP3 @ 0.000000450 touched at 08.30.2018 with 75 Profit.
TP4 @ 0.000000482 touched at 08.31.2018 with 107 Profit.
TP5 @ 0.000000540 touched at 08.31.2018 with 165 Profit.
TP6 @ 0.000000656 touched at 08.31.2018 with 281 Profit.
TP7 @ 0.000000751 touched at 09.01.2018 with 376 Profit.
TP8 @ 0.000000921 touched at 09.01.2018 with 546 Profit.
TP9 @ 0.000001075 touched at 09.10.2018 with 700 Profit.
10 + 37 + 75 + 107 + 165 + 281 + 376 + 546 + 700 = 2297

Open Profit:
Profit for one trade is 0.000000985 (current price) - 0.000000375 (open price) = 610
1 trade(s) still open, therefore total profit for open trade(s) is 610 x 1 = 610
All SLs moved to Break-even point.

Take Profit:
TP10= Free
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