ForecastCity

There is a possibility for Resumption of the uptrend in DASHETH

Long
BITTREX:DASHETH   None
Technical analysis:
. DASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

New Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.806 to 0.787). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.806)
Ending of entry zone (0.787)

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:
New Take Profits:
TP1= @ 0.850
TP2= @ 0.874
TP3= @ 0.934
TP4= @ 0.995
TP5= @ 1.047
TP6= @ 1.154
TP7= @ 1.541
TP8= @ 1.830
TP9= Free

Previous Trade Setup:
We opened 11 BUY trade(s) @ 0.54759456 based on 'Valley' entry method at 08.15.2018.
Total Profit: 239705000 pip
Closed trade(s): 136583808 Profit
Open trade(s): 103121192 Profit

Closed Profit:
TP1 @ 0.559 touched at 08.27.2018 with 1140544 Profit.
TP2 @ 0.607 touched at 08.27.2018 with 5940544 Profit.
TP3 @ 0.664 touched at 08.27.2018 with 11640544 Profit.
TP4 @ 0.703 touched at 09.01.2018 with 15540544 Profit.
TP5 @ 0.797 touched at 09.05.2018 with 24940544 Profit.
TP6 @ 0.874 touched at 09.07.2018 with 32640544 Profit.
TP7 @ 0.995 touched at 09.10.2018 with 44740544 Profit.
1140544 + 5940544 + 11640544 + 15540544 + 24940544 + 32640544 + 44740544 = 136583808

Open Profit:
Profit for one trade is 0.80539754 (current price) - 0.54759456 (open price) = 0.25780298
4 trade(s) still open, therefore total profit for open trade(s) is 0.25780298 x 4 = 1.03121192
All SLs moved to Break-even point.

Previous Take Profits:
TP8= @ 1.154
TP9= @ 1.541
TP10= @ 1.830
TP11= Free

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