BTS/USDT 2HOUR UPDATEWelcome to this quick
BTS/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- BTS/USDT is the triangle pattern conform and retest in by the Dip and green zone
Entry:- cmp And buy the dip in green zone
Traget:- 20% to 25%
Stoploss:- $0.050
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
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Thank you...
Btsusd
A new trading opportunity to buy in BTSUSDTechnical analysis:
. BITSHARES/DOLLAR 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 27.
. 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 (0.1210 to 0.0438). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1210)
Ending of entry zone (0.0438)
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= @ 0.1855
TP2= @ 0.2379
TP3= @ 0.3170
TP4= @ 0.4536
TP5= @ 0.5638
TP6= @ 0.6736
TP7= @ 0.9800
TP8= Free
BTSUSD ,TP1 hit with 60120941 profit. New Buy Opportunity...BITSHARES/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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) @ 0.17904856(day close price) based on reversal candle (Valley) at 04.12.2018 .
Total Profit: 60120941
Closed trade(s): 6750011 Profit
Open trade(s): 53370930 Profit
Closed Profit:
TP1 @ 0.2005 touched at 04.12.2018 with 6750011 Profit.
Open Profit:
Profit for one trade is 0.26800011(current price) - 0.17904856(open price) = 8895155
6 trade(s) still open, therefore total profit for open trade(s) is 8895155 x 6 = 53370930
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7=Free
Technical analysis:
BitShares/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.
