If you missed our first HUNT, you may want to check this!REDDCOIN/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00000080).
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) @ 0.00000058(day close price) based on reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 208
Closed trade(s): 108 Profit
Open trade(s): 100 Profit
Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000083(current price) -0.00000058(open price) = 25
4 trade(s) still open, therefore total profit for open trade(s) is 25 x 4 = 100
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
