ForecastCity
Long

A trading opportunity to buy in PIVXBTC

BITTREX:PIVXBTC   Pivx / Bitcoin
Technical analysis:
. PIVX/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 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015960 to 0.00011000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00015960)
Ending of entry zone (0.00011000)

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= @ 0.00018870
TP2= @ 0.00021400
TP3= @ 0.00025600
TP4= @ 0.00029550
TP5= @ 0.00033200
TP6= @ 0.00039400
TP7= @ 0.00045650
TP8= @ 0.00054480
TP9= @ 0.00065700
TP10= @ 0.00092300
TP11= Free
Trade active: Weekly update: TP2 hit with 14210 pip profit ...


Trade Setup:
We opened 11 BUY trade(s) @ 0.00017260 based on 'Valley' entry method at 10.04.2018.


Total Profit: 14210 pip
Closed trade(s): 5750 Profit
Open trade(s): 8460 Profit

Closed Profit:
TP1 @ 0.00018870 touched at 10.10.2018 with 1610 Profit.
TP2 @ 0.00021400 touched at 10.11.2018 with 4140 Profit.
1610 + 4140 = 5750

Open Profit:
Profit for one trade is 0.00018200 (current price) - 0.00017260 (open price) = 940
9 trade(s) still open, therefore total profit for open trade(s) is 940 x 9 = 8460

Take Profit:
TP3= @ 0.00025600
TP4= @ 0.00029550
TP5= @ 0.00033200
TP6= @ 0.00039400
TP7= @ 0.00045650
TP8= @ 0.00054480
TP9= @ 0.00065700
TP10= @ 0.00092300
TP11= Free
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