Technical analysis: . CARDANO/ETHEREUM 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 46.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00031260) Ending of entry zone (0.00029360)
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= @ 0.00034090 TP2= @ 0.00036800 TP3= @ 0.00039000 TP4= @ 0.00043000 TP5= @ 0.00050500 TP6= @ 0.00054200 TP7= @ 0.00071900 TP8= Free
Trade active
Weekly update: TP2 hit with 23484 pip profit ...
Trade Setup: We opened 8 BUY trade(s) @ 0.00031828 based on 'Valley' entry method at 03.08.2019.
Total Profit: 743764 pip Closed trade(s): 3324 Profit Open trade(s): 20160 Profit
Closed Profit: TP1 @ 0.00034090 touched at 03.09.2019 with 1062 Profit. TP2 @ 0.00034090 touched at 03.09.2019 with 2262 Profit. 1062 + 2262 = 3324
Open Profit: Profit for one trade is 0.00035188 (current price) - 0.00031828 (open price) = 3360 6 trade(s) still open, therefore total profit for open trade(s) is 3360 x 6 = 20160 All SLs moved to Break-even point.
Trade Setup: We opened 8 BUY trade(s) @ 0.00031828 based on 'Valley' entry method at 03.08.2019.
Total Profit: 71492 pip Closed trade(s): 40340 Profit Open trade(s): 31152 Profit
Closed Profit: TP1 @ 0.00034090 touched at 03.09.2019 with 1062 Profit. TP2 @ 0.00034090 touched at 03.09.2019 with 2262 Profit. TP3 @ 0.00039000 touched at 03.15.2019 with 7172 Profit. TP4 @ 0.00043000 touched at 03.21.2019 with 11172 Profit. TP5 @ 0.00050500 touched at 03.22.2019 with 18672 Profit. 1062 + 2262 + 7172 + 11172 + 18672 = 40340
Open Profit: Profit for one trade is 0.00042212 (current price) - 0.00031828 (open price) = 10384 3 trade(s) still open, therefore total profit for open trade(s) is 10384 x 3 = 31152 All SLs moved to Break-even point.
Take Profit: TP6= @ 0.00054200 TP7= @ 0.00071900 TP8= Free
Trade active
Weekly update: TP6 hit with 102288 pip profit ...
Trade Setup: We opened 8 BUY trade(s) @ 0.00031828 based on 'Valley' entry method at 03.08.2019.
Total Profit: 102288 pip Closed trade(s): 62712 Profit Open trade(s): 39576 Profit
Closed Profit: TP1 @ 0.00034090 touched at 03.09.2019 with 1062 Profit. TP2 @ 0.00034090 touched at 03.09.2019 with 2262 Profit. TP3 @ 0.00039000 touched at 03.15.2019 with 7172 Profit. TP4 @ 0.00043000 touched at 03.21.2019 with 11172 Profit. TP5 @ 0.00050500 touched at 03.22.2019 with 18672 Profit. TP6 @ 0.00054200 touched at 03.29.2019 with 22372 Profit. 1062 + 2262 + 7172 + 11172 + 18672 + 22372 = 62712
Open Profit: Profit for one trade is 0.00051616 (current price) - 0.00031828 (open price) = 19788 2 trade(s) still open, therefore total profit for open trade(s) is 19788 x 2 = 39576 All SLs moved to Break-even point.
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