ForecastCity
Long

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

BITTREX:ADABTC   Cardano / Bitcoin
Technical analysis:
. Cardano/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 50.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00001090)
Ending of entry zone (0.00001000)

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= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free
Trade active: Weekly update: TP2 hit with 2988 pip profit ...


Trade Setup:
We opened 13 BUY trade(s) @ 0.00001187 based on "Valley" entry method at 03.09.2019.


Total Profit: 2988 pip
Closed trade(s): 216 Profit
Open trade(s): 2772 Profit

Closed Profit:
TP1 @ 0.00001210 touched at 03.11.2019 with 23 Profit.
TP2 @ 0.00001380 touched at 03.22.2019 with 193 Profit.
23 + 193 = 216

Open Profit:
Profit for one trade is 0.00001439 (current price) - 0.00001187 (open price) = 252
11 trade(s) still open, therefore total profit for open trade(s) is 252 x 11 = 2772
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free
Trade active: Weekly update: TP3 hit with 4119 pip profit ...


Trade Setup:
We opened 13 BUY trade(s) @ 0.00001187 based on "Valley" entry method at 03.09.2019.


Total Profit: 4119 pip
Closed trade(s): 539 Profit
Open trade(s): 3580 Profit

Closed Profit:
TP1 @ 0.00001210 touched at 03.11.2019 with 23 Profit.
TP2 @ 0.00001380 touched at 03.22.2019 with 193 Profit.
TP3 @ 0.00001510 touched at 03.23.2019 with 323 Profit.
23 + 193 + 323 = 539

Open Profit:
Profit for one trade is 0.00001545 (current price) - 0.00001187 (open price) = 358
10 trade(s) still open, therefore total profit for open trade(s) is 358 x 10 = 3580
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free
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thanks for sharing a good TA.
Reply
@fxniki, you're welcome. what do you think of this pair?
Reply
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