ForecastCity
Long

There is a trading opportunity to buy in BATUSD

BITTREX:BATUSD   Basic Attention Token / US Dollar
Technical analysis:
. Basic Attention Token/Dollar 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 42.

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 (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.19)
Ending of entry zone (0.13)

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= @ 0.33
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free
Trade active: Weekly update: TP1 hit with 69,284,667 profit ...

Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.19)
Ending of entry zone (0.13)

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 6 BUY trade(s) @ 0.22175333 based on ' Bullish Engulfing' entry method at 06.29.2018.

Total Profit: 69,284,667
Closed trade(s): 10,824,667 Profit
Open trade(s): 58,460,000 Profit

Closed Profit:
TP1 @ 0.33 touched at 07.13.2018 with 10,824,667 Profit.

Open Profit:
Profit for one trade is 0.33867333(current price) - 0.22175333 (open price) = 11,692,000
5 trade(s) still open, therefore total profit for open trade(s) is 11,692,000 x 5 = 58,460,000
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free

Technical analysis:
BasicAttentionToken/Dollar is in a range bound and Resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 62.
Trade active: Weekly update: TP1 hit with 95154001 profit ...

Trade Setup:
We opened 6 BUY trade(s) @ 0.22175333 based on ' Hammer ' entry method at 06.29.2018.

Total Profit: 95154001
Closed trade(s): 54474001 Profit
Open trade(s): 40680000 Profit

Closed Profit:
TP1 @ 0.33 touched at 07.13.2018 with 10824667 Profit.
TP2 @ 0.39 touched at 07.17.2018 with 16824667 Profit.
TP3 @ 0.49 touched at 07.23.2018 with 26824667 Profit.
10824667 + 16824667 + 26824667 = 54474001

Open Profit:
Profit for one trade is 0.35735333(current price) - 0.22175333 (open price) =
3 trade(s) still open, therefore total profit for open trade(s) is 13560000 x 3 = 40680000
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.69
TP5= @ 1.04
TP6= Free

Technical analysis:
BasicAttentionToken/Dollar 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 61.
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