A Great Trading Opportunity to Buy in ETCBTC , Catch it....Technical analysis:
ETHEREUMCLASSIC/BITCOIN 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. The bullish exit in daily chart was occurred.
The RSI is at 51.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
* Price is in the support zone (0.00233 to 0.00130), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00130)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 SELL trade(s) @ 0.00204999 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 170202 pip
Closed trade(s): 0 pip Profit
Open trade(s): 170202 pip Profit
Open Profit:
Profit for one trade is 0.00233366(current price) - 0.00204999(open price)= 28367 pip
9 trade(s) still open, therefore total profit for open trade(s) is 28367 x 6 = 170202 pip
Take Profits:
TP1= @ 0.0035
TP2= @ 0.0047
TP3= @ 0.0056
TP4= @ 0.0082
TP5= @ 0.0095
TP6= Free
