. TENXPAYTOKEN/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 is at 54.
. While the and the price downtrend in the are not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.001900 to 0.001689). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.001900)
Ending of entry zone (0.001689)
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:
TP1= @ 0.002201
TP2= @ 0.002464
TP3= @ 0.002791
TP4= @ 0.003047
TP5= @ 0.003347
TP6= @ 0.004062
TP7= @ 0.004775
TP8= @ 0.005793
TP9= @ 0.007087
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
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
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
TP5= @ 0.00288
TP6= @ 0.00335
TP7= @ 0.00430
TP8= @ 0.00570
TP9= @ 0.00744
The update descriptions is for Another chart. We apologize for this mistake