ForecastCity
Long

A second chance to buy in ZECETH ....

POLONIEX:ZECETH   Zcash / Ethereum
ZCASH/ETHEREUM
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line(0.4234). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4234).
*If the support line at (0.00171) is broken, the forecast (beginning of uptrend) will be invalid.

Technical analysis:
The price is in a range bound and we forecast the uptrend would begin.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 67.

Entry signal:
Signal to enter the market occurs when the price comes to "support 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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:

Trade Setup:
We opened 9 BUY trade(s) @ 0.36852249 based on ' Valley ' entry method at 07.10.2018.

Total Profit: 116823775
Closed trade(s): 21595502 Profit
Open trade(s): 95228273 Profit

Closed Profit:
TP1 @ 0.435 touched at 07.13.2018 with 6647751 Profit.
TP2 @ 0.518 touched at 08.13.2018 with 14947751 Profit.
6647751 + 14947751 = 21595502

Open Profit:
Profit for one trade is 0.50456288 (current price) - 0.36852249 (open price) = 13604039
7 trade(s) still open, therefore total profit for open trade(s) is 13604039 x 7 = 95228273
All SLs moved to Break-even point.

Take Profits:
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
Trade active: Weekly update: TP3 hit with 150031497 pip profit ...


Trade Setup:
We opened 9 BUY trade(s) @ 0.36852249 based on ' Valley ' entry method at 07.10.2018.


Total Profit: 150031497 pip
Closed trade(s): 41243253 Profit
Open trade(s): 108788244 Profit

Closed Profit:
TP1 @ 0.435 touched at 07.13.2018 with 6647751 Profit.
TP2 @ 0.518 touched at 08.13.2018 with 14947751 Profit.
TP3 @ 0.565 touched at 09.05.2018 with 19647751 Profit.
6647751 + 14947751 + 19647751 = 41243253

Open Profit:
Profit for one trade is 0.54983623 (current price) - 0.36852249 (open price) = 18131374
6 trade(s) still open, therefore total profit for open trade(s) is 18131374 x 6 = 108788244
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
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