Technical analysis: . NANO/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 42. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.006670 to 0.006000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006670) Ending of entry zone (0.006000)
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= @ 0.007360 TP2= @ 0.007900 TP3= @ 0.008830 TP4= @ 0.009760 TP5= @ 0.010390 TP6= @ 0.010960 TP7= @ 0.011720 TP8= @ 0.013660 TP9= @ 0.016430 TP10= @ 0.019970 TP11= Free
Trade active
Weekly update: TP2 hit with 27173 pip profit ...
Trade Setup: We opened 11 BUY trade(s) @ 0.006434 based on 'Valley' entry method at 02.24.2019.
Total Profit: 27173 pip Closed trade(s): 24784 Profit Open trade(s): 2389 Profit
Closed Profit: TP1 @ 0.007360 touched at 03.10.2019 with 923 Profit. TP2 @ 0.007900 touched at 03.14.2019 with 1466 Profit. 923 + 1466 = 2389
Open Profit: Profit for one trade is 0.007136 (current price) - 0.006434 (open price) = 702 9 trade(s) still open, therefore total profit for open trade(s) is 702 x 9 = 6318 All SLs moved to Break-even point.
Weekly update: TP5 hit with 27901 pip profit ... Trade Setup: We opened 11 BUY trade(s) @ 0.006434 based on 'Valley' entry method at 02.24.2019.
Total Profit: 27901 pip Closed trade(s): 12067 Profit Open trade(s): 15834 Profit
Closed Profit: TP1= @ 0.007360 touched at 03.10.2019 with 923 Profit. TP2= @ 0.007900 touched at 03.14.2019 with 1466 Profit. TP3= @ 0.008830 touched at 04.02.2019 with 2396 Profit. TP4= @ 0.009760 touched at 04.09.2019 with 3326 Profit. TP5= @ 0.010390 touched at 04.09.2019 with 3956 Profit. 923 + 1466 + 2396 + 3326 + 3956 = 12067
Open Profit: Profit for one trade is 0.009073 (current price) - 0.006434 (open price) = 2639 6 trade(s) still open, therefore total profit for open trade(s) is 2639 x 6 = 15834 All SLs moved to Break-even point.
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