ForecastCity
Long

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

BINANCE:REQBTC   Request Network / Bitcoin
Technical analysis:
. RequestNetwork/Bitcoin 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 45.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000450). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000570)
Ending of entry zone (0.00000450)

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= @ 0.00000740
TP2= @ 0.00000850
TP3= @ 0.00001020
TP4= @ 0.00001320
TP5= @ 0.00001600
TP6= @ 0.00001830
TP7= @ 0.00002045
TP8= @ 0.00003030
TP9= @ 0.00003830
TP10= @ 0.00004630
TP11= @ 0.00005770
TP12= @ 0.00007220
TP13 = Free
Mar 28
Trade active: Weekly update: TP1 hit with 965 pip profit ...

Trade Setup:
We opened 13 BUY trade(s) @ 0.00000603 based on 'Valley' entry method at 03.09.2019.

Total Profit: 965 pip
Closed trade(s): 173 Profit
Open trade(s): 792 Profit

Closed Profit:
TP1 @ 0.00000740 touched at 03.27.2019 with 173 Profit.

Open Profit:
Profit for one trade is 0.00000669 (current price) - 0.00000603 (open price) = 66
12 trade(s) still open, therefore total profit for open trade(s) is 66 x 12 = 792
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.00000850
TP3= @ 0.00001020
TP4= @ 0.00001320
TP5= @ 0.00001600
TP6= @ 0.00001830
TP7= @ 0.00002045
TP8= @ 0.00003030
TP9= @ 0.00003830
TP10= @ 0.00004630
TP11= @ 0.00005770
TP12= @ 0.00007220
TP13 = Free
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first target done ... do you have an idea about (POABTC) targets?
Reply
After conducting my own analysis, I went ahead an added at 00000539. I'm quite pleased to have now seen your analysis which corresponds with mine, and validates my trade. For me, my entry in that buy zone was the reversal doji that formed on the 25th, and the price action on the 26th.

Thanks for sharing your idea.
Reply
ForecastCity RamMasterFlash
@RamMasterFlash, You're Welcome.
Thanks for your comment.
Reply
ok - are you sure?
Reply
ForecastCity hypercraft
@hypercraft, Weekly Forecasts have more than 90% Accuracy !
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