Technical analysis: . DASH/ETHEREUM 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 55.
New Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.806 to 0.787). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.806) Ending of entry zone (0.787)
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: New Take Profits: TP1= @ 0.850 TP2= @ 0.874 TP3= @ 0.934 TP4= @ 0.995 TP5= @ 1.047 TP6= @ 1.154 TP7= @ 1.541 TP8= @ 1.830 TP9= Free
Previous Trade Setup: We opened 11 BUY trade(s) @ 0.54759456 based on 'Valley' entry method at 08.15.2018. Total Profit: 239705000 pip Closed trade(s): 136583808 Profit Open trade(s): 103121192 Profit
Closed Profit: TP1 @ 0.559 touched at 08.27.2018 with 1140544 Profit. TP2 @ 0.607 touched at 08.27.2018 with 5940544 Profit. TP3 @ 0.664 touched at 08.27.2018 with 11640544 Profit. TP4 @ 0.703 touched at 09.01.2018 with 15540544 Profit. TP5 @ 0.797 touched at 09.05.2018 with 24940544 Profit. TP6 @ 0.874 touched at 09.07.2018 with 32640544 Profit. TP7 @ 0.995 touched at 09.10.2018 with 44740544 Profit. 1140544 + 5940544 + 11640544 + 15540544 + 24940544 + 32640544 + 44740544 = 136583808
Open Profit: Profit for one trade is 0.80539754 (current price) - 0.54759456 (open price) = 0.25780298 4 trade(s) still open, therefore total profit for open trade(s) is 0.25780298 x 4 = 1.03121192 All SLs moved to Break-even point.
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