ForecastCity

A trading opportunity to buy is near in BATBNB

Long
ForecastCity Updated   
BINANCE:BATBNB   None
Technical analysis:
. Basic Attention Token/Binance Coin is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.

Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.01470)
Ending of entry zone (0.01270)

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 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= @ 0.020
TP2= @ 0.024
TP3= @ 0.029
TP4= @ 0.033
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free
Trade active:
Weekly update: TP1 hit with 3274 profit ...

Trading suggestion:
*There is still a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.01470)
Ending of entry zone (0.01270)

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 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:
Trade Setup:
We opened 11 BUY trade(s) @ 0.01556 based on ' 2-Day Hammer ' entry method at 06.18.2018.
Total Profit: 3274
Closed trade(s): 444 Profit
Open trade(s): 2830 Profit

Closed Profit:
TP1 @ 0.020 touched at 07.06.2018 with 444 Profit.

Open Profit:
Profit for one trade is 0.01839(current price) - 0.01556(open price) = 283
10 trade(s) still open, therefore total profit for open trade(s) is 283 x 10 = 2830
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.024
TP3= @ 0.029
TP4= @ 0.033
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free

Technical analysis:
BasicAttentionToken/BinanceCoin is in a range bound and Beginning of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 51.
Trade active:
Weekly update: TP3 hit with 10904 profit ...
Trade Setup:
We opened 11 BUY trade(s) @ 0.01556 based on ' 2-Day Hammer ' entry method at 06.18.2018.
Total Profit: 10904
Closed trade(s): 2632 Profit
Open trade(s): 8272 Profit

Closed Profit:
TP1 @ 0.020 touched at 07.06.2018 with 444 Profit.
TP2 @ 0.024 touched at 07.13.2018 with 844 Profit.
TP3 @ 0.029 touched at 07.14.2018 with 1344 Profit.
444 + 844 + 1344 = 2632

Open Profit:
Profit for one trade is 0.02590(current price) - 0.01556(open price) = 1034
8 trade(s) still open, therefore total profit for open trade(s) is 1034 x 8 = 8272
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.033
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free

Technical analysis:
BasicAttentionToken/BinanceCoin is in an uptrend and Continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 65.
Trade active:
Weekly update: TP1 hit with 14687 profit ...

Trade Setup:
We opened 11 BUY trade(s) @ 0.01556 based on ' 2-Day Hammer ' entry method at 06.18.2018.
Total Profit: 14687
Closed trade(s): 4376 Profit
Open trade(s): 10311 Profit

Closed Profit:
TP1 @ 0.020 touched at 07.06.2018 with 444 Profit.
TP2 @ 0.024 touched at 07.13.2018 with 844 Profit.
TP3 @ 0.029 touched at 07.14.2018 with 1344 Profit.
TP4 @ 0.033 touched at 07.23.2018 with 1344 Profit.
444 + 844 + 1344 + 1744 = 4376

Open Profit:
Profit for one trade is 0.03029(current price) - 0.01556(open price) = 1473
7 trade(s) still open, therefore total profit for open trade(s) is 1473 x 7 = 10311
All SLs moved to Break-even point.

Take Profit:
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free

Technical analysis:
BasicAttentionToken/BinanceCoin is in an uptrend and Continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.

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