ForecastCity
Long

There is a possibility of the beginning an uptrend in NANOBTC

BINANCE:NANOBTC   Nano / Bitcoin
Technical analysis:
. NANO/BITCOIN 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 54.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002730 to 0.0001250). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0002730)
Ending of entry zone (0.0001250)

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= @ 0.000423
TP2= @ 0.000497
TP3= @ 0.000570
TP4= @ 0.000727
TP5= @ 0.000912
TP6= @ 0.001097
TP7= @ 0.001360
TP8= @ 0.001696
TP9= Free
Sep 15
Trade active: Weekly update: TP1 hit with 7070 pip profit ...

Trade Setup:
We opened 9 BUY trade(s) @ 0.0003210 based on '2-Day Hammer' entry method at 09.12.2018.

Total Profit: 7070 pip
Closed trade(s): 102 Profit
Open trade(s): 6968 Profit

Closed Profit:
TP1 @ 0.000423 touched at 09.14.2018 with 102 Profit.

Open Profit:
Profit for one trade is 0.0004081 (current price) - 0.0003210 (open price) = 871
8 trade(s) still open, therefore total profit for open trade(s) is 871 x 8 = 6968

Take Profit:
TP2= @ 0.000497
TP3= @ 0.000570
TP4= @ 0.000727
TP5= @ 0.000912
TP6= @ 0.001097
TP7= @ 0.001360
TP8= @ 0.001696
TP9= Free
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