ForecastCity
Long

There is a trading opportunity to buy in NANOETH

BINANCE:NANOETH   NANO / Ethereum
Technical analysis:
. NANO/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 42.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006670 to 0.006000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.006670)
Ending of entry zone (0.006000)

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= @ 0.007360
TP2= @ 0.007900
TP3= @ 0.008830
TP4= @ 0.009760
TP5= @ 0.010390
TP6= @ 0.010960
TP7= @ 0.011720
TP8= @ 0.013660
TP9= @ 0.016430
TP10= @ 0.019970
TP11= Free
Trade active: Weekly update: TP2 hit with 27173 pip profit ...


Trade Setup:
We opened 11 BUY trade(s) @ 0.006434 based on 'Valley' entry method at 02.24.2019.


Total Profit: 27173 pip
Closed trade(s): 24784 Profit
Open trade(s): 2389 Profit

Closed Profit:
TP1 @ 0.007360 touched at 03.10.2019 with 923 Profit.
TP2 @ 0.007900 touched at 03.14.2019 with 1466 Profit.
923 + 1466 = 2389

Open Profit:
Profit for one trade is 0.007136 (current price) - 0.006434 (open price) = 702
9 trade(s) still open, therefore total profit for open trade(s) is 702 x 9 = 6318
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.008830
TP4= @ 0.009760
TP5= @ 0.010390
TP6= @ 0.010960
TP7= @ 0.011720
TP8= @ 0.013660
TP9= @ 0.016430
TP10= @ 0.019970
TP11= Free
Trade active: Weekly update: TP5 hit with 27901 pip profit ...

Trade Setup:
We opened 11 BUY trade(s) @ 0.006434 based on 'Valley' entry method at 02.24.2019.


Total Profit: 27901 pip
Closed trade(s): 12067 Profit
Open trade(s): 15834 Profit

Closed Profit:
TP1= @ 0.007360 touched at 03.10.2019 with 923 Profit.
TP2= @ 0.007900 touched at 03.14.2019 with 1466 Profit.
TP3= @ 0.008830 touched at 04.02.2019 with 2396 Profit.
TP4= @ 0.009760 touched at 04.09.2019 with 3326 Profit.
TP5= @ 0.010390 touched at 04.09.2019 with 3956 Profit.
923 + 1466 + 2396 + 3326 + 3956 = 12067

Open Profit:
Profit for one trade is 0.009073 (current price) - 0.006434 (open price) = 2639
6 trade(s) still open, therefore total profit for open trade(s) is 2639 x 6 = 15834
All SLs moved to Break-even point.

Take Profit:
TP6= @ 0.010960
TP7= @ 0.011720
TP8= @ 0.013660
TP9= @ 0.016430
TP10= @ 0.019970
TP11= Free
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And thanks for sharing
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Which one of support levels are more stronger?
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