ForecastCity

SNTBTC , weekly update:Total profit 2550 in 20 days.!

Long
BITTREX:SNTBTC   Status Network Token / Bitcoin
STATUS NETWORK TOKEN/BITCOIN
New 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 (0.0000103 to 0.0000070), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000103)
Ending of entry zone (0.0000070)

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:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00001140(day close price) based on the reversal candle (2-Day Hammer ) at 03.27.2018.
Total Profit: 2550
Closed trade(s): 600 Profit
Open trade(s): 1950 Profit

Closed Profit:
TP1 @ 0.0000126 touched at 03.31.2018 with 120 Profit.
TP2 @ 0.0000160 touched at 04.03.2018 with 460 Profit.
140 + 460 = 600

Open Profit:
Profit for one trade is 0.00001465(current price) -0.00001140(open price) = 325
6 trade(s) still open, therefore total profit for open trade(s) is 325 x 6 = 1950
All SLs moved to Break-even point.

Take Profits:
TP3= @ 0.0000179
TP4= @ 0.0000237
TP5= @ 0.0000319
TP6= @ 0.0000374
TP7= @ 0.0000480
TP8= Free

Technical analysis:
Status Network Token / 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 59.

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