There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis:
. BITSHARES/BITCOIN is in a range bound 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 39.
. While the RSI downtrend 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 (0.00001510 to 0.00001290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001510)
Ending of entry zone (0.00001290)
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= @ 0.00001930
TP2= @ 0.00002130
TP3= @ 0.00002400
TP4= @ 0.00002750
TP5= @ 0.00003050
TP6= @ 0.00004115
TP7= @ 0.00004870
TP8= @ 0.00005830
TP9= @ 0.0000710
TP10= 0.0001020
TP11= 0.00014140
TP12= Free
Bitsharesbitcoin
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis:
. BITSHARES/BITCOIN is in a range bound 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 43.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001560 to 0.00001040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001560)
Ending of entry zone (0.00001040)
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= @ 0.0000213
TP2= @ 0.0000260
TP3= @ 0.0000309
TP4= @ 0.0000411
TP5= @ 0.0000470
TP6= @ 0.0000590
TP7= @ 0.0000710
TP8= @ 0.0001020
TP9= @ 0.0001760
TP10= Free
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis:
. BITSHARES/BITCOIN is in a range bound 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 42.
. 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 (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002134)
Ending of entry zone (0.00001560)
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= @ 0.0000260
TP2= @ 0.0000309
TP3= @ 0.0000411
TP4= @ 0.0000470
TP5= @ 0.0000590
TP6= @ 0.0000710
TP7= @ 0.0001020
TP8= @ 0.0001760
TP9= Free
There is a trading opportunity to buy in BTSBTC Technical analysis:
. BITSHARES/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 59.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000195 to 0.0000129). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000195)
Ending of entry zone (0.0000129)
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= @ 0.0000260
TP2= @ 0.0000316
TP3= @ 0.0000470
TP4= @ 0.0000590
TP5= @ 0.0000710
TP6= @ 0.0001020
TP7= @ 0.0001760
TP8= Free
A second chance to buy in BTSBTC , Don't miss it.BitShares/Bitcoin
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.