BNBETH
💡 Don't miss the great buy opportunity in Binance Coin/EthereumTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.05028). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Ethereum BNBETH 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 52.
Take Profits:
TP1= @ 0.058520
TP2= @ 0.068560
TP3= @ 0.082360
TP4= @ 0.096990
TP5= @ 0.116030
SL= Break below S2
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A second Chance to Buy in BNBETH...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is above the 21-Day WEMA which acts as a dynamic support.
. Relative strength index (RSI) is 45.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.0345). 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 (0.0345).
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.03450
TP2= @ 0.03951
TP3= @ 0.04200
TP4= @ 0.04550
TP5= @ 0.04940
TP6= @0.05175
TP7= Free
Trade Setup:
We opened 5 BUY trade(s) @ 0.027570 based on 'Valley' entry method at 07.25.2018.
Total Profit: 27991 pip
Closed trade(s): 11250 Profit
Open trade(s): 16741 Profit
Closed Profit:
TP1 @ 0.02669 touched with 0 Profit.
TP2 @ 0.02871 touched at 07.26.2018 with 1140 Profit.
TP3 @ 0.03075 touched at 07.28.2018 with 3180 Profit.
TP4 @ 0.03450 touched at 07.28.2018 with 6930 Profit.
0 + 1140 + 3180 + 6930 = 11250
Open Profit:
Profit for one trade is 0.044311 (current price) - 0.027570 (open price) = 16741
1 trade(s) still open, therefore total profit for open trade(s) is 16741 x 1 = 16741
All SLs moved to Break-even point.
A trading opportunity to buy is near in Binancecoin Ethereum...Technical analysis:
. BINANCECOIN/ETHEREUM is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Trading suggestion:
. The price is in an uptrend and we forecast the uptrend would continue.
. There is a possibility of temporary retracement to suggested support zone (0.02503 to 0.02330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02503)
Ending of entry zone (0.02330)
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= @ 0.02669
TP2= @ 0.02871
TP3= @ 0.03075
TP4= @ 0.03450
TP5= Free