There is a trading opportunity to buy in STRBTCTechnical analysis:
. STELLAR/BITCOIN 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 (0.0000064 to 0.000005). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000064)
Ending of entry zone (0.000005)
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= @ 0.0000084
TP2= @ 0.0000100
TP3= @ 0.0000125
TP4= @ 0.0000155
TP5= @ 0.0000185
TP6= @ 0.0000220
TP7= @ 0.0000268
TP8= @ 0.0000335
TP9= @ 0.0000401
TP10= Free
Strbitcoin
There is a possibility for the beginning of an uptrend in STRBTCTechnical analysis:
. STELLAR/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 49.
. 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 (0.00002990 to 0.00002840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002990)
Ending of entry zone (0.00002840)
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= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000366
TP4= @ 0.0000388
TP5= @ 0.0000426
TP6= @ 0.0000463
TP7= @ 0.0000497
TP8= @ 0.0000585
TP9= Free
There is a possibility for the beginning of uptrend in STRBTCTechnical analysis:
. STELLAR/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 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
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= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
A New Trading Opportunity to Buy. TP3 hit with 7605 profit....STELLAR/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.000037), 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 5 BUY trade(s) @ 0.00002673(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 7605
Closed trade(s): 3981 Profit
Open trade(s): 3624 Profit
Closed Profit:
TP1 @ 0.0000325 touched at 03.31.2018 with 577 Profit.
TP2 @ 0.0000395 touched at 04.17.2018 with 1277 Profit.
TP3 @ 0.0000480 touched at 04.17.2018 with 1277 Profit.
577 + 1277 + 2127 = 3981
Open Profit:
Profit for one trade is 0.00004485(current price) - 0.00002673(open price) = 1812
2 trade(s) still open, therefore total profit for open trade(s) is 1812 x 2 = 3624
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.0000619
TP5= Free
Technical analysis:
Stellar/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 63.