ForecastCity

There is a possibility for the beginning of uptrend in STRBTC

Long
ForecastCity Updated   
POLONIEX:STRBTC   None
Technical analysis:
. STELLAR/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 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)

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 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= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
Trade active:
Weekly update: TP2 hit with 4128 profit ...
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002947 based on ' Hammer ' entry method at 07.12.2018.
Total Profit: 4128
Closed trade(s): 906 Profit
Open trade(s): 3222 Profit

Closed Profit:
TP1 @ 0.00003320 touched at 07.15.2018 with 373 Profit.
TP2 @ 0.00003480 touched at 07.13.2018 with 533 Profit.
373 + 533 = 906

Open Profit:
Profit for one trade is 0.00003484(current price) - 0.00002947(open price) = 537
6 trade(s) still open, therefore total profit for open trade(s) is 537 x 6 = 3222
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free

Technical analysis:
Stellar/Bitcoin is in a range bound and beginnig of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 61.
Trade active:
Weekly update: TP2 hit with 4128 profit ...
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002947 based on ' Hammer ' entry method at 07.12.2018.
Total Profit: 4128
Closed trade(s): 906 Profit
Open trade(s): 3222 Profit

Closed Profit:
TP1 @ 0.00003320 touched at 07.15.2018 with 373 Profit.
TP2 @ 0.00003480 touched at 07.13.2018 with 533 Profit.
373 + 533 = 906

Open Profit:
Profit for one trade is 0.00003484(current price) - 0.00002947(open price) = 537
6 trade(s) still open, therefore total profit for open trade(s) is 537 x 6 = 3222
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free

Technical analysis:
Stellar/Bitcoin is in a range bound and beginnig of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 61.
Trade active:
Weekly update: TP4 hit with 6048 profit ...
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002947 based on ' Hammer ' entry method at 07.12.2018.

Total Profit: 6048
Closed trade(s): 3152 Profit
Open trade(s): 2896 Profit

Closed Profit:
TP1 @ 0.00003320 touched at 07.13.2018 with 373 Profit.
TP2 @ 0.00003480 touched at 07.15.2018 with 533 Profit.
TP3 @ 0.00003880 touched at 07.18.2018 with 933 Profit.
TP4 @ 0.00004260 touched at 07.18.2018 with 1313 Profit.
373 + 533 + 933 + 1313 = 3152

Open Profit:
Profit for one trade is 0.00003671(current price) - 0.00002947(open price) = 724
4 trade(s) still open, therefore total profit for open trade(s) is 724 x 4 = 2896
All SLs moved to Break-even point.

Take Profit:
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free

Technical analysis:
Stellar/Bitcoin is in an uptrend and continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 54.
Trade active:
Weekly update: TP4 hit with 4772 profit ...

Trade Setup:
We opened 8 BUY trade(s) @ 0.00002947 based on ' Hammer ' entry method at 07.12.2018.

Total Profit: 4772
Closed trade(s): 3152 Profit
Open trade(s): 1620 Profit

Closed Profit:
TP1 @ 0.00003320 touched at 07.13.2018 with 373 Profit.
TP2 @ 0.00003480 touched at 07.15.2018 with 533 Profit.
TP3 @ 0.00003880 touched at 07.18.2018 with 933 Profit.
TP4 @ 0.00004260 touched at 07.18.2018 with 1313 Profit.
373 + 533 + 933 + 1313 = 3152

Open Profit:
Profit for one trade is 0.00003352(current price) - 0.00002947(open price) = 405
4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620
All SLs moved to Break-even point.

Take Profit:
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free

Technical analysis:
Stellar/Bitcoin is in a range bound and continuation of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 45.

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