ForecastCity
Long

RDDBTC ,Keep your eye on chart for hunting. Buy position is near

BITTREX:RDDBTC   ReddCoin / Bitcoin
Technical analysis:
  • REDDCOIN/BITCOIN is in a range bound and Beginning of up trend is expected.
  • The price is below the 21-Day WEMA which acts as a dynamic resistance.
  • The RSI is at 40.

    Trading suggestion:
    .The price is in a range bound, but we forecast the uptrend would begin.
    .Price is in the Buy Zone (0.00000068 to 0.00000057), we would set orders based on Price Action and expect to reach short-term targets.

  • Beginning of entry zone (0.00000068)
  • Ending of entry zone (0.00000057)
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= @ 0.00000081
TP2= @ 0.00000092
TP3= @ 0.00000109
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Trade active: RDDBTC , weekly update:Total profit 207 in 35 days.!

REDDCOIN/BITCOIN
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 (0.00000068 to 0.00000057), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000068)
Ending of entry zone (0.00000057)

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 7 BUY trade(s) @ 0.00000058(day close price) based on reversal candle ( Hammer ) at 03.18.2018.


Total Profit: 207
Closed trade(s): 57 Profit
Open trade(s): 150 Profit

Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
23 + 34 = 57

Open Profit:
Profit for one trade is 0.00000088(current price) -0.00000058(open price) = 30
5 trade(s) still open, therefore total profit for open trade(s) is 30 x 5 = 150
All SLs moved to Break-even point.

Take Profits:
TP3= @ 0.00000109
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free

Technical analysis:
ReddCoin/Bitcoin 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 64.
Trade active: A New Trading Opportunity to Buy. TP3 hit with 328 profit...
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