ForecastCity
Long

A second Chance to Buy in BATBTC ...

BITTREX:BATBTC   Basic Attention Token / Bitcoin
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.00003). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00003).

Entry signal:
Signal to enter the market occurs when the price comes to "Support line" 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 special version of our "Price Action" strategy FOLLOW our lessons:


Technical analysis:
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index ( RSI ) is 42.

Take Profits:
TP5= @ 0.000068
TP6= Free

Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .

Total Profit: 8072 pip
Closed trade(s): 6208 pip Profit
Open trade(s): 1864 pip Profit

Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 6208

Open Profit:
Profit for one trade is 0.00003405(current price) - 0.00002473(open price) = 932 pip
2 trade(s) still open, therefore total profit for open trade(s) is 932 x 2 = 1864 pip

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