ForecastCity

A Long-term Trading Opportunity to Buy in BATUSD. Be ready!

Long
BITTREX:BATUSD   Basic Attention Token / US Dollar
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.
The RSI is at 49.

Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.25 to 0.13), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.25)
Ending of entry zone (0.13)

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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take Profits:
TP1= @ 0.33
TP2= @ 0.48
TP3= @ 0.69
TP4= @ 1.04
TP5= Free
Trade active: Weekly update: TP2 hit with 99172626 profit in 38 days...
BasicAttentionToken/Dollar
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 (0.25 to 0.13), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.25)
Ending of entry zone (0.13)

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) @ 0.20958687 (day close price) with a strong signal based on reversal candle (Hammer, 2-day Hammer & Valley ) at 03.19.2018 .
Total Profit: 99172626
Closed trade(s): 39082626 Profit
Open trade(s): 60090000 Profit

Closed Profit:
TP1 @ 0.33 touched at 04.18.2018 with 12041313 Profit.
TP2 @ 0.48 touched at 04.24.2018 with 27041313 Profit.
12041313 + 27041313 = 39082626

Open Profit:
Profit for one trade is 0.40988687(current price) - 0.20958687(open price) = 20030000
3 trade(s) still open, therefore total profit for open trade(s) is 20030000 x 3 = 60090000
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.69
TP4= @ 1.04
TP5= 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 71.
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