ForecastCity
Long

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

BITTREX:SBDBTC   SteemDollars / Bitcoin
Technical analysis:
. STEEMDOLLARS/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 63.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015600 to 0.00013100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00015600)
Ending of entry zone (0.00013100)

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= @ 0.00019800
TP2= @ 0.00021500
TP3= @ 0.00025500
TP4= @ 0.00031580
TP5= @ 0.00049700
TP6= @ 0.00051700
TP7= @ 0.00060700
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
Trade active: Weekly update: TP2 hit with 38138 pip profit ...


Trade Setup:
We opened 10 BUY trade(s) @ 0.00016053 based on 'Hammer' entry method at 10.13.2018.


Total Profit: 38138 pip
Closed trade(s): 9194 Profit
Open trade(s): 28944 Profit

Closed Profit:
TP1 @ 0.00019800 touched at 11.20.2018 with 3747 Profit.
TP2 @ 0.00021500 touched at 11.21.2018 with 5447 Profit.
3747 + 5447= 9194

Open Profit:
Profit for one trade is 0.00019674 (current price) - 0.00016056 (open price) = 3618
8 trade(s) still open, therefore total profit for open trade(s) is 3618 x 8 = 28944
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.00025500
TP4= @ 0.00031580
TP5= @ 0.00049700
TP6= @ 0.00051700
TP7= @ 0.00060700
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
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