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Btsdollar

A new trading opportunity to buy in BTSUSDTechnical analysis: . BITSHARES/DOLLAR 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 27. . While the RSI 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 (0.1210 to 0.0438). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1210) Ending of entry zone (0.0438) 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= @ 0.1855 TP2= @ 0.2379 TP3= @ 0.3170 TP4= @ 0.4536 TP5= @ 0.5638 TP6= @ 0.6736 TP7= @ 0.9800 TP8= Free
POLONIEX:BTSUSDLong
by ForecastCity
A new trading opportunity to buy in BTSUSDTechnical analysis: . BITSHARES/DOLLAR 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 27. . While the RSI 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 (0.1210 to 0.0438). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1210) Ending of entry zone (0.0438) 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= @ 0.1855 TP2= @ 0.2379 TP3= @ 0.3170 TP4= @ 0.4536 TP5= @ 0.5638 TP6= @ 0.6736 TP7= @ 0.9800 TP8= Free
POLONIEX:BTSUSDLong
by ForecastCity
7
Bullish scenario for BTS!Given the similarity of both market cycles, I was wondering what a possible bullish set-up for Bitshares would be. The previous market cycle reached its all-time-high at 2.272 fib level. When we would apply the same calculations on the current market cycle, it would drive up the price to approximately $2.20! Just like the previous market cycle, the black trendline functions as heavy resistance, which is exactly where it got rejected yesterday as well. It will most likely retrace from here to gather enough strength to push through resistance. Let's see how it evolves.
POLONIEX:BTSUSDLong
by Chimp_of_the_North
2
BTSUSD ,TP1 hit with 60120941 profit. New Buy Opportunity...BITSHARES/DOLLAR New trading suggestion: * The price is in a range bound, but we forecast the uptrend would begin. *There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets. 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 "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) @ 0.17904856(day close price) based on reversal candle (Valley) at 04.12.2018 . Total Profit: 60120941 Closed trade(s): 6750011 Profit Open trade(s): 53370930 Profit Closed Profit: TP1 @ 0.2005 touched at 04.12.2018 with 6750011 Profit. Open Profit: Profit for one trade is 0.26800011(current price) - 0.17904856(open price) = 8895155 6 trade(s) still open, therefore total profit for open trade(s) is 8895155 x 6 = 53370930 All SLs moved to Break-even point. Take Profits: TP2= @ 0.3170 TP3= @ 0.4536 TP4= @ 0.5638 TP5= @ 0.6736 TP6= @ 0.9800 TP7=Free Technical analysis: BitShares/Dollar is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 72.
POLONIEX:BTSUSDLong
by ForecastCity
2