A trading opportunity to buy in TNTETH
Updated
Technical analysis:
. TIERION/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 66.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.00011000 to 0.00008700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00011000)
Ending of entry zone (0.00008700)
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:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00013800 based on ' Valley ' entry method at 09.20.2018.
Take Profits:
TP1= @ 0.00015100
TP2= @ 0.00016700
TP3= @ 0.00018530
TP4= @ 0.00020440
TP5= @ 0.00022610
TP6= @ 0.00026660
TP7= @ 0.00039800
TP8= Free
. TIERION/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 66.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.00011000 to 0.00008700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00011000)
Ending of entry zone (0.00008700)
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:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00013800 based on ' Valley ' entry method at 09.20.2018.
Take Profits:
TP1= @ 0.00015100
TP2= @ 0.00016700
TP3= @ 0.00018530
TP4= @ 0.00020440
TP5= @ 0.00022610
TP6= @ 0.00026660
TP7= @ 0.00039800
TP8= Free
Trade active
Weekly update: TP2 hit with 29250 pip profit ... Trade Setup:
We opened 8 BUY trade(s) @ 0.00012218 based on 'Valley' entry method at 09.20.2018.
Total Profit: 29250 pip
Closed trade(s): 7362 Profit
Open trade(s): 21888 Profit
Closed Profit:
TP1 @ 0.00015100 touched at 10.16.2018 with 2882 Profit.
TP2 @ 0.00016700 touched at 10.16.2018 with 4482 Profit.
2882 + 4482 = 7362
Open Profit:
Profit for one trade is 0.00015866 (current price) - 0.00012218 (open price) = 3648
6 trade(s) still open, therefore total profit for open trade(s) is 3648 x 6 = 21888
All SLs moved to Break-even point.
Take Profit:
TP3= @ 0.00018530
TP4= @ 0.00020440
TP5= @ 0.00022610
TP6= @ 0.00026660
TP7= @ 0.00039800
TP8= Free
High Accurate AI-Generated forecasts for:
🌟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
🌟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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.