Dogecoinbitcoin
Another opportunity to buy in DOGEBTCTechnical analysis:
. DOGECOIN/BITCOIN 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 42.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000000385 to 0.000000348). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000385)
Ending of entry zone (0.000000348)
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= @ 0.000000450
TP2= @ 0.000000482
TP3= @ 0.000000549
TP4= @ 0.000000664
TP5= @ 0.000000757
TP6= @ 0.000000921
TP7= @ 0.000001075
TP8= Free
There is a trading opportunity to buy in DOGEBTC Technical analysis:
. DOGECOIN/BITCOIN 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 37.
. 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 downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000000385 to 0.000000348). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000385)
Ending of entry zone (0.000000348)
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= @ 0.000000450
TP2= @ 0.000000482
TP3= @ 0.000000549
TP4= @ 0.000000664
TP5= @ 0.000000757
TP6= @ 0.000000921
TP7= @ 0.000001075
TP8= Free
If you missed our first HUNT, you may want to check this!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 (0.000000504).
Entry signal:
Signal to enter the market occurs when the price comes to "Buy 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 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 .
Total Profit: 1086
Closed trade(s): 498 Profit
Open trade(s): 588 Profit
Closed Profit:
TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit.
TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit.
TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit.
83 + 150 + 265 = 498
Open Profit:
Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147
4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.000000757
TP5= @ 0.000000921
TP6= @ 0.000001075
TP7= Free
Technical analysis:
Dogecoin/Bitcoin 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.
Relative strength index ( RSI ) is 48.