ForecastCity
Long

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

BINANCE:KNCETH   KyberNetwork / Ethereum
Technical analysis:
. KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.

Trading suggestion:
. Price is in the support zone (0.0016800 to 0.0015200), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (0.0016800)
Ending of entry zone (0.0015200)

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= @ 0.0018500
TP2= @ 0.0020730
TP3= @ 0.0022940
TP4= @ 0.0026110
TP5= @ 0.0028860
TP6= @ 0.0032100
TP7= @ 0.0038420
TP8= @ 0.0045230
TP9= @ 0.0053910
TP10= Free
Trade active: Weekly update: TP1 hit with 9494 pip profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.0017358 based on 'Valley' entry method at 10.02.2018.


Total Profit: 9494 pip
Closed trade(s): 1142 Profit
Open trade(s): 8352 Profit

Closed Profit:
TP1 @ 0.0018500 touched at 10.10.2018 with 1142 Profit.

Open Profit:
Profit for one trade is 0.0018286 (current price) - 0.0017358 (open price) = 928
9 trade(s) still open, therefore total profit for open trade(s) is 928 x 9 = 8352
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.0020730
TP3= @ 0.0022940
TP4= @ 0.0026110
TP5= @ 0.0028860
TP6= @ 0.0032100
TP7= @ 0.0038420
TP8= @ 0.0045230
TP9= @ 0.0053910
TP10= Free
Trade active: Weekly update: TP2 hit with 31058 pip profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.0017358 based on 'Valley' entry method at 10.02.2018.


Total Profit: 31058 pip
Closed trade(s): 4514 Profit
Open trade(s): 26544 Profit

Closed Profit:
TP1 @ 0.0018500 touched at 10.10.2018 with 1142 Profit.
TP2 @ 0.0020730 touched at 10.15.2018 with 3372 Profit.
1142 + 3372 = 4514

Open Profit:
Profit for one trade is 0.0020676 (current price) - 0.0017358 (open price) = 3318
8 trade(s) still open, therefore total profit for open trade(s) is 3318 x 8 = 26544
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.0022940
TP4= @ 0.0026110
TP5= @ 0.0028860
TP6= @ 0.0032100
TP7= @ 0.0038420
TP8= @ 0.0045230
TP9= @ 0.0053910
TP10= Free

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