ForecastCity
Long

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

BITTREX:PPCBTC   Peercoin / Bitcoin
Technical analysis:
. PEERCOIN/BITCOIN 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 32.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00014140 to 0.00011550). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00014140)
Ending of entry zone (0.00011550)

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= @ 0.00018880
TP2= @ 0.00021130
TP3= @ 0.00025085
TP4= @ 0.00029140
TP5= @ 0.00033495
TP6= @ 0.00038600
TP7= @ 0.00047070
TP8= @ 0.00069000
TP9= Free
Trade active: Weekly update: TP3 hit with 83335 pip profit ...


Trade Setup:
We opened 9 BUY trade(s) @ 0.00014688 based on 'Hammer' entry method at 10.22.2018.


Total Profit: 83335 pip
Closed trade(s): 21031 Profit
Open trade(s): 62304 Profit

Closed Profit:
TP1 @ 0.00018880 touched at 11.07.2018 with 4192 Profit.
TP2 @ 0.00021130 touched at 11.07.2018 with 6442 Profit.
TP3 @ 0.00025085 touched at 11.08.2018 with 10397 Profit.
4192 + 6442 + 10397 = 21031

Open Profit:
Profit for one trade is 0.00025072 (current price) - 0.00014688 (open price) = 10348
6 trade(s) still open, therefore total profit for open trade(s) is 10348 x 6 = 62304
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.00029140
TP5= @ 0.00033495
TP6= @ 0.00038600
TP7= @ 0.00047070
TP8= @ 0.00069000
TP9= Free
http://www.ForecastCity.com

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out