There is a trading opportunity to buy in BTSBTC Technical analysis:
. BITSHARES/BITCOIN 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 59.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000195 to 0.0000129). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000195)
Ending of entry zone (0.0000129)
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 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= @ 0.0000260
TP2= @ 0.0000316
TP3= @ 0.0000470
TP4= @ 0.0000590
TP5= @ 0.0000710
TP6= @ 0.0001020
TP7= @ 0.0001760
TP8= Free
Bitsharesbtc
BTS new 218% potentialBTS had a 50% retracement and jumped from 6h,12h,1d 200 EMA.
Stoch RSI seems to reverse and MACD looks nice on daily
It seems to be on wave 1 from a new market cycle.
Altough it had a jump from 200 EMA, it may come a little bit down and test the 6h 200 EMA as it looks a little overbought on 6h and 12h, and after that it may start the ascending path as it's oversold on daily.
Looking to sell at key fib prices that also had some sideways or support/resistance in the past.
Targets sent in Telegram Channel.
BitShares , A great opportunity to buy in BTSBTC. Catch it!!Technical analysis:
BITSHARES/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
The RSI is at 29.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.000018 to 0.000007), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000018)
Ending of entry zone (0.000007)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000029
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
A second chance to buy in BTSBTC , Don't miss it.BitShares/Bitcoin
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
A second chance to buy in BTSBTC , Don't miss it.BITSHARES/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.