ForecastCity
Long

There is a possibility for the beginning of an uptrend in BATETH

BITTREX:BATETH   Basic Attention Token / Ethereum
Technical analysis:
. BasicAttentionToken/Ethereum 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 51.
. While the RSI downtrend 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 (0.00096300 to 0.00085900). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00096300)
Ending of entry zone (0.00085900)

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= @ 0.00106300
TP2= @ 0.00117500
TP3= @ 0.00137000
TP4= @ 0.00156500
TP5= @ 0.00180400
TP6= Free
Mar 13
Trade active: Weekly update: TP4 hit with 743764 pip profit ...

Trade Setup:
We opened 6 BUY trade(s) @ 0.00098000 based on 'Hammer' entry method at 02.24.2019.

Total Profit: 743764 pip
Closed trade(s): 651800 Profit
Open trade(s): 91964 Profit

Closed Profit:
TP1 @ 0.00106300 touched at 02.25.2019 with 8300 Profit.
TP2 @ 0.00117500 touched at 02.26.2019 with 19500 Profit.
TP3 @ 0.00137000 touched at 02.26.2019 with 39000 Profit.
TP4 @ 0.00156500 touched at 03.09.2019 with 585000 Profit.
8300 + 19500 + 39000 + 585000 = 651800

Open Profit:
Profit for one trade is 0.00143982 (current price) - 0.00098000 (open price) = 45982
2 trade(s) still open, therefore total profit for open trade(s) is 45982 x 2 = 91964
All SLs moved to Break-even point.

Take Profit:
TP5= @ 0.00180400
TP6= Free
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