ForecastCity
Long

A second Chance to Buy TRXETH ...

BINANCE:TRXETH   TRON / Ethereum
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.

Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 50.

New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.00010430). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00010430).

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:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00007474 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 20792 pip
Closed trade(s): 10604 Profit
Open trade(s): 10188 Profit

Closed Profit:
TP1 @ 0.000084 touched at 08.26.2018 with 926 Profit.
TP2 @ 0.000094 touched at 08.28.2018 with 1926 Profit.
TP3 @ 0.000104 touched at 09.21.2018 with 2926 Profit.
TP4 @ 0.000123 touched at 10.08.2018 with 4826 Profit.
926 + 1926 + 2926 + 4826 = 10604

Open Profit:
Profit for one trade is 0.00010870 (current price) - 0.00007474 (open price) = 3396
3 trade(s) still open, therefore total profit for open trade(s) is 3396 x 3 = 10188
All SLs moved to Break-even point.

Take Profit:
TP5= @ 0.000145
TP6= @ 0.000319
TP7= Free
Dec 14
Trade active: Weekly update: TP5 hit with 32860 profit ...

Trade Setup:
We opened 7 BUY trade(s) @ 0.00007474 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 32860
Closed trade(s): 17630 Profit
Open trade(s): 15230 Profit

Closed Profit:
TP1 @ 0.000084 touched at 08.26.2018 with 926 Profit.
TP2 @ 0.000094 touched at 08.28.2018 with 1926 Profit.
TP3 @ 0.000104 touched at 09.21.2018 with 2926 Profit.
TP4 @ 0.000123 touched at 10.08.2018 with 4826 Profit.
TP5 @ 0.000145 touched at 12.07.2018 with 7026 Profit.
926 + 1926 + 2926 + 4826 + 7026 = 17630

Open Profit:
Profit for one trade is 0.00015089(current price) - 0.00007474(open price) = 7615
2 trade(s) still open, therefore total profit for open trade(s) is 7615 x 2 = 15230

Take Profit:
TP6= @ 0.000319
TP7= Free

Technical analysis:
Tron/Ethereum is in an uptrend and Continuation of the uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 74
All SLs moved to Break-even point.
Feb 15
Trade active: Weekly update: TP5 hit with 41606 profit ...
Trade Setup:
We opened 7 BUY trade(s) @ 0.00007474 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 41606
Closed trade(s): 17630 Profit
Open trade(s): 23976 Profit

Closed Profit:
TP1 @ 0.000084 touched at 08.26.2018 with 926 Profit.
TP2 @ 0.000094 touched at 08.28.2018 with 1926 Profit.
TP3 @ 0.000104 touched at 09.21.2018 with 2926 Profit.
TP4 @ 0.000123 touched at 10.08.2018 with 4826 Profit.
TP5 @ 0.000145 touched at 12.07.2018 with 7026 Profit.
926 + 1926 + 2926 + 4826 + 7026 = 17630

Open Profit:
Profit for one trade is 0.00019462(current price) - 0.00007474(open price) = 11988
2 trade(s) still open, therefore total profit for open trade(s) is 11988 x 2 = 23976

Take Profit:
TP6= @ 0.000319
TP7= 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 Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out