*The price is in a range bound and we forecast the uptrend would resume.
*If you missed our first HUNT, you have a second chance to buy above suggested support line (0.000000504).
Signal to enter the market occurs when the price comes to "Buy line" 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) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day ) at 03.30.2018 .
Total Profit: 1086
Closed trade(s): 498 Profit
Open trade(s): 588 Profit
TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit.
TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit.
TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit.
83 + 150 + 265 = 498
Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147
4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588
All SLs moved to Break-even point.
TP4= @ 0.000000757
TP5= @ 0.000000921
TP6= @ 0.000001075
Dogecoin/Bitcoin 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.
( ) is 48.