ForecastCity
Long

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

BINANCE:BCNETH   None
Technical analysis:
. BYTECOIN/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000880 to 0.00000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000880)
Ending of entry zone (0.00000770)

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= @ 0.00001050
TP2= @ 0.00001250
TP3= @ 0.00001750
TP4= Free
Trade active: Weekly update: TP1 hit with 663 pip profit ...


Trade Setup:
We opened 4 BUY trade(s) @ 0.00000843 based on 'Hammer' entry method at 09.23.2018.


Total Profit: 660 pip
Closed trade(s): 207 Profit
Open trade(s): 453 Profit

Closed Profit:
TP1 @ 0.00001050 touched at 09.28.2018 with 207 Profit.


Open Profit:
Profit for one trade is 0.00000994 (current price) - 0.00000843 (open price) = 151
3 trade(s) still open, therefore total profit for open trade(s) is 151 x 3 = 453
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.00001250
TP3= @ 0.00001750
TP4= Free
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