ForecastCity
Long

BATBTC , Weekly update: TP2 hit. Total profit 7334 in 30 days.!!

BITTREX:BATBTC   Basic Attention Token / Bitcoin
Basic Attention Token / Bitcoin
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support zone (0.000024 to 0.000018), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.000024)
Ending of entry zone (0.000018)

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 "Trough", 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 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 7334
Closed trade(s): 2154 Profit
Open trade(s): 5180 Profit

Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
727 + 1427 = 2154

Open Profit:
Profit for one trade is 0.00003768(current price) -0.00002473(open price) = 12952
4 trade(s) still open, therefore total profit for open trade(s) is 1295 x 4 = 5180
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.000045
TP4= @ 0.000054
TP5= @0.000068
TP6= Free

Technical analysis:
Basic Attention Token/Dollar 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.
Relative strength index ( RSI ) is 76.
Trade active: BATBTC , Weekly update: TP3 hit. Total profit 9255 in 32 days.!!
New trading suggestion:
*The price is in a up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.000026), 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 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 9255
Closed trade(s): 2154 Profit
Open trade(s): 7101 Profit

Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
727 + 1427 + 2027 = 4181

Open Profit:
Profit for one trade is 0.00004840(current price) -0.00002473(open price) = 2367
3 trade(s) still open, therefore total profit for open trade(s) is 2367 x 3 = 7101
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.000054
TP5= @0.000068
TP6= Free

Technical analysis:
Basic Attention Token/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.
Relative strength index ( RSI ) is 86.
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