ForecastCity
Long

There is a possibility of the beginning an uptrend in IOTAETH

BINANCE:IOTAETH   MIOTA / Ethereum
Technical analysis:
. IOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00164 to 0.00131). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00164)
Ending of entry zone (0.00131)

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= @ 0.00186
TP2= @ 0.00203
TP3= @ 0.00230
TP4= @ 0.00245
TP5= @ 0.00288
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
Trade active: Weekly update: TP4 hit with 687682 profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.


Total Profit: 687682 pip
Closed trade(s): 153472 pip Profit
Open trade(s): 534210 pip Profit

Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
8368 + 25368 + 52368 + 67368 = 153472

Open Profit:
Profit for one trade is 0.00266667 (current price) - 0.00177632 (open price) = 89035 pip
6 trade(s) still open, therefore total profit for open trade(s) is 89035 x 6 = 534210 pip

Take Profits:
TP5= @ 0.00288
TP6= @ 0.00335
TP7= @ 0.00430
TP8= @ 0.00570
TP9= @ 0.00744
TP10= Free
Trade active: Weekly update: TP5 hit with 873385 pip profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.


Total Profit: 873385 pip
Closed trade(s): 263840 Profit
Open trade(s): 609545 Profit

Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit.
8368 + 25368 + 52368 + 67368 + 110368 = 263840

Open Profit:
Profit for one trade is 0.00299541 (current price) - 0.00177632 (open price) = 121909 pip
5 trade(s) still open, therefore total profit for open trade(s) is 121909 x 5 = 609545 pip
All SLs moved to Break-even point.

Take Profit:
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
http://www.ForecastCity.com

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out