ForecastCity
Long

A trading opportunity to buy in DGBETH

BITTREX:DGBETH   DigiByte / Ethereum
Technical analysis:
. DIGIBYTE/ETHEREUM is in a range bound 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.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.00006860). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000771)
Ending of entry zone (0.00006860)

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= @ 0.0000903
TP2= @ 0.0001034
TP3= @ 0.0001221
TP4= @ 0.0001458
TP5= Free
Mar 13
Trade active: Weekly update: TP2 hit with 14126 pip profit ...

Trade Setup:
We opened 6 BUY trade(s) @ 0.00007326 based on 'Hammer' entry method at 02.23.2019.

Total Profit: 14126 pip
Closed trade(s): 4718 Profit
Open trade(s): 9408 Profit

Closed Profit:
TP1 @ 0.0000903 touched at 03.08.2019 with 1704 Profit.
TP2 @ 0.0001034 touched at 03.12.2019 with 3014 Profit.
1704 + 3014 = 4718

Open Profit:
Profit for one trade is 0.00010462 (current price) - 0.00007326 (open price) = 3136
3 trade(s) still open, therefore total profit for open trade(s) is 3136 x 3 = 9408
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.0001221
TP4= @ 0.0001458
TP5= Free
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DGB get's a huge D for DOWNTREND!
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