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D-ETH

Ethereum Long-Term ViewEthereum Overview Ethereum(ETH) has suffered about 94+% correction(drop) since the all the time high-level point($1425) reached in January’18. One key point to note that its following similar trend/pattern to Bitcoin of upward and downward movement in the market. Let's analyze price action for Ethereum (ETH/USD) over the long term and proceed to highlight any potential areas of support and resistance moving forward. Long-Term Analysis (Monthly Timeframe) Scenario 1: Bullish (Uptrend) If the Monthly candle (December) closes above $102 price level with strong buy volume then we might see the price the testing the "Resistance(Sell) Zone 1" ranging from $199-$278 within few weeks/months. If it manages to close above "Resistance(Sell) Zone 1" then it will retest "Resistance(Sell) Zone 2" ranging from $407-$521 within few months. Few other factors in confluence with the bullish scenario: 1) Stochastic RSI is in the Oversold Region (its a region where asset price is likely to rebound or bounce). 2) Selling Volume (red bars at the bottom of the chart) is declining i.e. sellers are getting exhausted. Scenario 2: Bearish (Downtrend) If the Monthly candle (December) closes below $102 price level with strong sell volume then we might see the price testing the "Support (Buy) Zone 1" ranging from $47-$60 within few weeks/months. If that support zone(1) doesn't hold up (no buying pressure) then we might see "Support (Buy) Zone 2" ranging from $11-$15 which is not a healthy sign. Factors in confluence with Bearish Scenario Support Zone 2 ranging from $11-$15 is the High of the previous resistance zone of September 2016. Scenario 3: Ranging Scenario Ethereum did range between price levels $173-$248 for 3 months (September-November'18) before making a major move downtrend to $80's price level. There are permutations and combinations you can apply between different zones (Resistance and Support) on the chart to form Ranging Zones. These are areas where major market participants (Institutional Investors) accumulate before a big change in direction of the price. Note: Monthly time frame charts illustrates the movement of price over a long-term horizon and are most often used by long-term investors. Short-Term Analysis (Daily and Weekly) Scenario 1: Bullish (Uptrend) If Ethereum closes above $115 in weekly time frame then we might restest "Resistance Zone 1" ranging from $156-$184.This zone will be difficult to break or surpass since it could have acted strong support but couldn't. Hence, it will require greater buying pressure(interest) to go through this zone. If it manages to break with large buy volume then chances of next bull cycle happening is likely. We get the confirmation of next bull cycle happening only when it breaks the "Resistance Zone 2" ranging from $360-$400. Scenario 2: Bearish (Downtrend) If Ethereum weekly candle closes below $83 price level then there are two Bounce(rebound) zones namely Support Buy Zone 1 ranging from $40-56 and Support Buy Zone 2 ranging from $11-15 in coming weeks and months for potential Bullish reversal. News and event analysis: There are few development news(catalyst) coming in the month of January,19 like Constantinople mainnet hard fork is scheduled for block #7080000, estimated around the 16th of January, 2019. Constantinople features changes designed to increase the platform’s efficiency, alter its economic policy and delay the so-called “difficulty bomb,” a piece of code meant to encourage the network to alter its core consensus algorithm(Proof of work) to Proof of Stake algorithm. Secondly, There is an Ethereum Nowa(ETN) fork. What is ETN? ETN is the abbreviation of Ethereum Nowa, and also the blockchain assets and currency code of Ethereum. What is the fork time? January 12, 2019 Each ETH holder receives ETN in the ratio of 1:1 for free. Conclusion: Ethereum remains in 3rd position, in terms of overall market cap rankings along with Bitcoin and Ripple. The 40-month-old coin is now experiencing its first bear market and has already corrected enough(94% down) to commence its new bull cycle in coming weeks/months. Overall cryptocurrencies are seeing a lot more green(price surge) over the past couple of days and there are speculations that the crypto winter might be over as buyers are returning. Utility(real use cases) of any crypto asset will eventually become a key point for the growth in the cryptocurrency industry.
BITFINEX:ETHUSD
by coinswitch-trading
A trading opportunity to buy in STRATETHTechnical analysis: STRATIS/ETHEREUM 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 51. Trading suggestion: Price is in the support zone (0.00645044 to 0.00514806), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00645044) Ending of entry zone (0.00514806) 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= @ 0.00764948 TP2= @ 0.00842357 TP3= @ 0.00924571 TP4= @ 0.00924571 TP5= @ 0.00924571 TP6= @ 0.00924571 TP7= @ 0.01816825 TP8= @ 0.02191863 TP9= Free
SLong
by ForecastCity
A trading opportunity to buy in EDOETHTechnical analysis: EIDOO/ETHEREUN is in an uptrend and the continuation of uptrend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 69. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.004580 to 0.004039). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.004580) Ending of entry zone (0.004039) 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= @ 0.005043 TP2= @ 0.005829 TP3= @ 0.006309 TP4= @ 0.007510 TP5= Free
ELong
by ForecastCity
A second Chance to Buy TRXETH ...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 below the 21-Day WEMA which acts as a dynamic resistance. . Relative strength index ( RSI ) is 50. New trading suggestion: *There is still a possibility of temporary retracement to suggested support line (0.00010430). 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 (0.00010430). 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 : Trade Setup: We opened 7 BUY trade(s) @ 0.00007474 based on '2-Day Hammer' entry method at 08.23.2018. Total Profit: 20792 pip Closed trade(s): 10604 Profit Open trade(s): 10188 Profit Closed Profit: TP1 @ 0.000084 touched at 08.26.2018 with 926 Profit. TP2 @ 0.000094 touched at 08.28.2018 with 1926 Profit. TP3 @ 0.000104 touched at 09.21.2018 with 2926 Profit. TP4 @ 0.000123 touched at 10.08.2018 with 4826 Profit. 926 + 1926 + 2926 + 4826 = 10604 Open Profit: Profit for one trade is 0.00010870 (current price) - 0.00007474 (open price) = 3396 3 trade(s) still open, therefore total profit for open trade(s) is 3396 x 3 = 10188 All SLs moved to Break-even point. Take Profit: TP5= @ 0.000145 TP6= @ 0.000319 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in WAVESETHTechnical analysis: . WAVES/ETHEREUM is in a range bound and the resumption of the uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.009121 to 0.007944). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.009121) Ending of entry zone (0.007944) 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= @ 0.010244 TP2= @ 0.011041 TP3= @ 0.011669 TP4= @ 0.012590 TP5= @ 0.013967 TP6= Free
WLong
by ForecastCity
There is a possibility for the beginning of an uptrend in REPETHTechnical analysis: . AUGUR/ETHEREUM 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 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.05776361 to 0.05223350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.05776361) Ending of entry zone (0.05223350) 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= @ 0.06767831 TP2= @ 0.08000077 TP3= @ 0.09022341 TP4= @ 0.10032174 TP5= @ 0.11462851 TP6= @ 0.13282898 TP7= @ Free
RLong
by ForecastCity
There is a possibility for the beginning of an uptrend in NASETHTechnical analysis: . Nebulas/Ethereum 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 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.006100) Ending of entry zone (0.005600) 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= @ 0.006890 TP2= @ 0.007140 TP3= @ 0.007680 TP4= @ 0.008200 TP5= @ 0.009800 TP6= Free
NLong
by ForecastCity
There is a possibility for the beginning of an uptrend in KNCETHTechnical analysis: . KyberNetwork/Ethereum 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 46. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0014300 to 0.0012800). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0014300) Ending of entry zone (0.0012800) 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= @ 0.0017200 TP2= @ 0.0018500 TP3= @ 0.0020730 TP4= @ 0.0022500 TP5= @ 0.0026100 TP6= @ 0.0028500 TP7= @ 0.0032100 TP8= @ 0.0038200 TP9= @ 0.0045100 TP10= @ 0.0053910 TP11= Free
KLong
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM 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 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00032800) Ending of entry zone (0.00030900) 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= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
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.
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in GXSETHTechnical analysis: . GXChain/Ethereum 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 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.005740 to 0.005360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.005740) Ending of entry zone (0.005360) 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= @ 0.006380 TP2= @ 0.006880 TP3= @ 0.007200 TP4= @ 0.007800 TP5= @ 0.008300 TP6= @ 0.009800 TP7= @ 0.011800 TP8= Free
GLong
by ForecastCity
There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis: . Ontology/Ethereum 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 34. . 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 (0.006900 to 0.006300). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.006900) Ending of entry zone (0.006300) 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= @ 0.007590 TP2= @ 0.008140 TP3= @ 0.008720 TP4= @ 0.009380 TP5= @ 0.010620 TP6= @ 0.012380 TP7= @ 0.014620 TP8= Free
OLong
by ForecastCity
There is a trading opportunity to buy in AEETHTechnical analysis: . Aeternity/Ethereum 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 46. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.004840 to 0.004500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.004840) Ending of entry zone (0.004500) 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= @ 0.005400 TP2= @ 0.005570 TP3= @ 0.006160 TP4= @ 0.007000 TP5= @ 0.008070 TP6= @ 0.008680 TP7= Free
ALong
by ForecastCity
A second Chance to Buy in IOTAETH ...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 56. New trading suggestion: *There is still a possibility of temporary retracement to suggested support line (0.0023). 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 (0.0023). 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: Trade Setup: We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018. Total Profit: 612680 pip Closed trade(s): 263840 Profit Open trade(s): 348840 Profit Closed Profit: TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit. TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit. TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit. TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit. TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit. 8368 + 25368 + 52368 + 67368 + 110368 = 263840 Open Profit: Profit for one trade is 0.00247400 (current price) - 0.00177632 (open price) = 69768 pip 5 trade(s) still open, therefore total profit for open trade(s) is 69768 x 5 = 348840 pip All SLs moved to Break-even point. Take Profit: TP6= 0.00335 TP7= 0.00430 TP8= 0.00570 TP9= 0.00744 TP10= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ZILETHTechnical analysis: . Zilliqa/Ethereum 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 50. . The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00013800 to 0.00012000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00013800) Ending of entry zone (0.00012000) 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= @ 0.00015180 TP2= @ 0.00016060 TP3= @ 0.00016710 TP4= @ 0.00018000 TP5= @ 0.00019030 TP6= @ 0.00021300 TP7= @ 0.00028760 TP8= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in QSHETHTechnical analysis: . QASH/ETHEREUM 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 56. . 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 (0.0009770 to 0.0008310). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0009770) Ending of entry zone (0.0008310) 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= @ 0.0012060 TP2= @ 0.0013020 TP3= @ 0.0014150 TP4= @ 0.0015120 TP5= @ 0.0018140 TP6= @ 0.0021960 TP7= Free
QLong
by ForecastCity
There is a trading opportunity to buy in BTSETHTechnical analysis: . BITSHARES/ETHEREUM 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 40. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000380 to 0.000332). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000380) Ending of entry zone (0.000332) 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= @ 0.000442 TP2= @ 0.000467 TP3= @ 0.000507 TP4= @ 0.000556 TP5= @ 0.000664 TP6= @ 0.000809 TP7= @ 0.000994 TP8= Free
BLong
by ForecastCity
There is a possibility for the beginning of an uptrend in SNTETHTechnical analysis: . StatusNetworkToken/Ethereum 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00015620 to 0.00014340). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00015620) Ending of entry zone (0.00014340) 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= @ 0.00017590 TP2= @ 0.00019370 TP3= @ 0.00021180 TP4= @ 0.00023750 TP5= @ 0.00027000 TP6= @ 0.00029110 TP7= Free
Long
by ForecastCity
There is a possibility for Resumption of the uptrend in DASHETHTechnical analysis: . DASH/ETHEREUM 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 55. New Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.806 to 0.787). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.806) Ending of entry zone (0.787) 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: New Take Profits: TP1= @ 0.850 TP2= @ 0.874 TP3= @ 0.934 TP4= @ 0.995 TP5= @ 1.047 TP6= @ 1.154 TP7= @ 1.541 TP8= @ 1.830 TP9= Free Previous Trade Setup: We opened 11 BUY trade(s) @ 0.54759456 based on 'Valley' entry method at 08.15.2018. Total Profit: 239705000 pip Closed trade(s): 136583808 Profit Open trade(s): 103121192 Profit Closed Profit: TP1 @ 0.559 touched at 08.27.2018 with 1140544 Profit. TP2 @ 0.607 touched at 08.27.2018 with 5940544 Profit. TP3 @ 0.664 touched at 08.27.2018 with 11640544 Profit. TP4 @ 0.703 touched at 09.01.2018 with 15540544 Profit. TP5 @ 0.797 touched at 09.05.2018 with 24940544 Profit. TP6 @ 0.874 touched at 09.07.2018 with 32640544 Profit. TP7 @ 0.995 touched at 09.10.2018 with 44740544 Profit. 1140544 + 5940544 + 11640544 + 15540544 + 24940544 + 32640544 + 44740544 = 136583808 Open Profit: Profit for one trade is 0.80539754 (current price) - 0.54759456 (open price) = 0.25780298 4 trade(s) still open, therefore total profit for open trade(s) is 0.25780298 x 4 = 1.03121192 All SLs moved to Break-even point. Previous Take Profits: TP8= @ 1.154 TP9= @ 1.541 TP10= @ 1.830 TP11= Free
DLong
by ForecastCity
A second Chance to Buy XMRETH ...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 55. New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (0.483). 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 (0.483). 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 : Trade Setup: We opened 8 BUY trade(s) @ 0.28887253 based on 'Valley' entry method at 08.11.2018. Total Profit: 130523966 pip Closed trade(s): 84976482 Profit Open trade(s): 45547484 Profit Closed Profit: TP1 @ 0.310 touched at 08.13.2018 with 2112747 Profit. TP2 @ 0.339 touched at 08.18.2018 with 5012747 Profit. TP3 @ 0.374 touched at 08.31.2018 with 8512747 Profit. TP4 @ 0.455 touched at 09.03.2018 with 16612747 Profit. TP5 @ 0.512 touched at 09.06.2018 with 22312747 Profit. TP6 @ 0.593 touched at 09.12.2018 with 30412747 Profit. 2112747 + 5012747 + 8512747 + 16612747 + 22312747 + 30412747 = 84976482 Open Profit: Profit for one trade is 0.51660995 (current price) - 0.28887253 (open price) = 22773742 2 trade(s) still open, therefore total profit for open trade(s) is 22773742 x 2 = 45547484 All SLs moved to Break-even point. Take Profit: TP7= @ 0.697 TP8= Free
XLong
by ForecastCity
There is a probability for resumption of the uptrend in NANOETHTechnical analysis: . NANO/ETHEREUM is in a range bound and the resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trade Setup: We opened 8 BUY trade(s) @ 0.008663 (day close price) based on a reversal candle ( Valley ) at 11.20.2018 . Beginning of entry zone (0.007880) Ending of entry zone (0.007360) 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= @ 0.009510 TP2= @ 0.010390 TP3= @ 0.010960 TP4= @ 0.011720 TP5= @ 0.013660 TP6= @ 0.016430 TP7= @ 0.019970 TP8= Free
NLong
by ForecastCity