ForecastCity
Long

There is a trading opportunity to buy in STRBTC

POLONIEX:STRBTC   Stellar / Bitcoin
Technical analysis:
. STELLAR/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 61.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000064)
Ending of entry zone (0.000005)

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 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= @ 0.0000079
TP2= @ 0.0000100
TP3= @ 0.0000125
TP4= @ 0.0000155
TP5= @ 0.0000185
TP6= @ 0.0000220
TP7= @ 0.0000268
TP8= @ 0.0000335
TP9= @ 0.0000401
TP10= Free
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Comments

Nice TA for STRBTC.
+1 Reply
@fxniki, Thanks , we hope you could find it helpful.
+1 Reply
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