A trading opportunity to buy in STORJETH
Updated
Technical analysis:
. STORJ/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 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00102 to 0.00088). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00102)
Ending of entry zone (0.00088)
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= @ 0.0011480
TP2= @ 0.0013180
TP3= @ 0.0014280
TP4= @ 0.0015690
TP5= @ 0.0017660
TP6= @ 0.0019940
TP7= @ 0.0023410
TP8= @ 0.002685
TP9= @ 0.003801
TP10= Free
. STORJ/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 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00102 to 0.00088). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00102)
Ending of entry zone (0.00088)
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= @ 0.0011480
TP2= @ 0.0013180
TP3= @ 0.0014280
TP4= @ 0.0015690
TP5= @ 0.0017660
TP6= @ 0.0019940
TP7= @ 0.0023410
TP8= @ 0.002685
TP9= @ 0.003801
TP10= Free
Trade active
Weekly update: TP7 hit with 37496 profit ... Trade Setup:
We opened 10 BUY trade(s) @ 0.0010941 based on "2-Day Hammer" entry method at 01.15.2019.
Total Profit: 37496
Closed trade(s): 37037 Profit
Open trade(s): 459 Profit
Closed Profit:
TP1 @ 0.0011480 touched at 09.05.2018 with 539 Profit.
TP2 @ 0.0013180 touched at 09.16.2018 with 2239 Profit.
TP3 @ 0.0014280 touched at 09.16.2018 with 3339 Profit.
TP4 @ 0.0015690 touched at 09.16.2018 with 4749 Profit.
TP5 @ 0.0017660 touched at 09.16.2018 with 6719 Profit.
TP6 @ 0.0019940 touched at 09.16.2018 with 8999 Profit.
TP7 @ 0.0023410 touched at 09.16.2018 with 12469 Profit.
539 + 223 + 3339 + 4749 + 6719 + 8999 + 12469 = 37037
Open Profit:
Profit for one trade is 0.0011094 (current price) - 0.0010941 (open price) = 153
3 trade(s) still open, therefore total profit for open trade(s) is 153 x 3 = 459
All SLs moved to Break-even point.
Take Profit:
TP8= @ 0.002685
TP9= @ 0.003801
TP10= Free
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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