ForecastCity
Long

A trading opportunity to buy in SCBTC

POLONIEX:SCBTC   Siacoin / Bitcoin
Technical analysis:
. SIACOIN/BITCOIN 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.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000093 to 0.00000070). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000093)
Ending of entry zone (0.00000070)

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= @ 0.00000108
TP2= @ 0.00000120
TP3= @ 0.00000143
TP4= @ 0.00000157
TP5= @ 0.00000179
TP6= @ 0.00000207
TP7= @ 0.00000239
TP8= @ 0.00000264
TP9= @ 0.00000319
TP10= @ 0.00000393
TP11= @ 0.00000453
TP12= @ 0.00000745
TP13= Free
Trade active: Weekly update: TP2 hit with 99 pip profit ...


Trade Setup:
We opened 13 BUY trade(s) @ 0.00000103 based on 'Valley' entry method at 09.23.2018.


Total Profit: 99 pip
Closed trade(s): 22 Profit
Open trade(s): 77 Profit

Closed Profit:
TP1 @ 0.00000108 touched at 09.24.2018 with 5 Profit.
TP2 @ 0.00000120 touched at 10.04.2018 with 17 Profit.
5 + 17 = 22

Open Profit:
Profit for one trade is 0.00000110 (current price) - 0.00000103 (open price) = 7
11 trade(s) still open, therefore total profit for open trade(s) is 7 x 11 = 77
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.00000143
TP4= @ 0.00000157
TP5= @ 0.00000179
TP6= @ 0.00000207
TP7= @ 0.00000239
TP8= @ 0.00000264
TP9= @ 0.00000319
TP10= @ 0.00000393
TP11= @ 0.00000453
TP12= @ 0.00000745
TP13= Free
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any idea....when will it rise?
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ForecastCity BAHUBALI001
@BAHUBALI001, Thank you for your comment.
We publish a new idea when the chart is in the good situation.
Only forecasts published on our website are updated regularly.
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