There is a trading opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/USDollar 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 38.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.022)
Ending of entry zone (0.015)
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= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Digibytedollar
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar 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 35.
. 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 (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
A Second Chance to Buy in DGBUSD ...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 (0.031). 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 (0.031).
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:
Technical analysis:
Price is aboveWEMA21, if price rises more, this line can act as a dynamic support.
Relative strength index (RSI) is 63.
Take Profits:
TP4= @ 0.068
TP5= @ 0.090
TP6= @ 0.110
TP7= @ 0.136
TP8= Free
Trade Setup:
We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( Hammer ) at 06.24.2018 in our previous suggested support zone.
Total Profit: 17803464 pip
Closed trade(s): 5742549 pip Profit
Open trade(s): 12060915 pip Profit
Closed Profit:
TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit.
TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit.
TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit.
1114183 + 1714183 + 2914183 = 5742549
Open Profit:
Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip
5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip
If you missed our first HUNT, you may want to check this!DigiByte/Dollar
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*If you missed our first HUNT, you have a second chance to buy above suggested support line (0.037).
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.
Trade Setup:
We opened 8 BUY trade(s) @ 0.02017274(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 13481860
Closed trade(s): 5648178 Profit
Open trade(s): 10395255 Profit
Closed Profit:
TP1 @ 0.031 touched at 04.13.2018 with 1082726 Profit.
TP2 @ 0.037 touched at 04.20.2018 with 1682726 Profit.
TP3 @ 0.049 touched at 05.03.2018 with 2882726 Profit.
1082726 + 1682726 + 2882726 = 5648178
Open Profit:
Profit for one trade is 0.04096325(current price) -0.02017274(open price) = 2079051
5 trade(s) still open, therefore total profit for open trade(s) is 2079051 x 5 = 10395255
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Technical analysis:
DigiByte/Dollar is in a range bound and Resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 51.
