Technical analysis: . LITECOIN/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 59.
Trading suggestion: . We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018 . There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800) Ending of entry zone (0.16600)
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= @ 0.2044 TP2= @ 0.2188 TP3= @ 0.2344 TP4= @ 0.2519 TP5= @ 0.2673 TP6= @ 0.2901 TP7= @ 0.3285 TP8= @ 0.3830 TP9= @ 0.4524 TP10= Free
Catatan
Weekly update: TP1 hit with 21042 profit ...
Technical analysis: Litecoin/Ethereum is in a range bound and Beginning of uptrend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 70.
Trading suggestion: *There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800) Ending of entry zone (0.16600)
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 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018 Total Profit: 21042 Closed trade(s): 2268 Profit Open trade(s): 18774 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit.
Open Profit: Profit for one trade is 0.20258 (current price) - 0.18172 (open price) = 2086 9 trade(s) still open, therefore total profit for open trade(s) is 2086 x 9 = 18774 All SLs moved to Break-even point.
Trade Setup: We opened 10 BUY trade(s) @ 0.18172 based on 'Valley' entry method at 08.11.2018
Total Profit: 50808 pip Closed trade(s): 11244 Profit Open trade(s): 39564 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit. TP2 @ 0.2188 touched at 08.31.2018 with 3708 Profit. TP3 @ 0.2344 touched at 09.04.2018 with 5268 Profit. 2268 + 3708 + 5268 = 11244
Open Profit: Profit for one trade is 0.23824 (current price) - 0.18172 (open price) = 5652 7 trade(s) still open, therefore total profit for open trade(s) is 5652 x 7 = 39564 All SLs moved to Break-even point.
Trade Setup: We opened 10 BUY trade(s) @ 0.18172 based on 'Valley' entry method at 08.11.2018
Total Profit: 55984 pip Closed trade(s): 18262 Profit Open trade(s): 37722 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit. TP2 @ 0.2188 touched at 08.31.2018 with 3708 Profit. TP3 @ 0.2344 touched at 09.04.2018 with 5268 Profit. TP4 @ 0.2519 touched at 09.05.2018 with 7018 Profit. 2268 + 3708 + 5268 + 7018 = 18262
Open Profit: Profit for one trade is 0.24459 (current price) - 0.18172 (open price) = 6287 6 trade(s) still open, therefore total profit for open trade(s) is 6287 x 6 = 37722 All SLs moved to Break-even point.
Trade Setup: We opened 10 BUY trade(s) @ 0.18172 based on 'Valley' entry method at 08.11.2018
Total Profit: 75055 pip Closed trade(s): 26820 Profit Open trade(s): 48235 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit. TP2 @ 0.2188 touched at 08.31.2018 with 3708 Profit. TP3 @ 0.2344 touched at 09.04.2018 with 5268 Profit. TP4 @ 0.2519 touched at 09.05.2018 with 7018 Profit. TP5 @ 0.2673 touched at 09.08.2018 with 8558 Profit. 2268 + 3708 + 5268 + 7018 + 8558 = 26820
Open Profit: Profit for one trade is 0.27819 (current price) - 0.18172 (open price) = 9647 5 trade(s) still open, therefore total profit for open trade(s) is 9647 x 5 = 48235 All SLs moved to Break-even point.
Trade Setup: We opened 10 BUY trade(s) @ 0.18172 based on 'Valley' entry method at 08.11.2018
Total Profit: 78906 pip Closed trade(s): 37658 Profit Open trade(s): 41248 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit. TP2 @ 0.2188 touched at 08.31.2018 with 3708 Profit. TP3 @ 0.2344 touched at 09.04.2018 with 5268 Profit. TP4 @ 0.2519 touched at 09.05.2018 with 7018 Profit. TP5 @ 0.2673 touched at 09.08.2018 with 8558 Profit. TP6 @ 0.2901 touched at 09.12.2018 with 10838 Profit. 2268 + 3708 + 5268 + 7018 + 8558 + 10838 = 37658
Open Profit: Profit for one trade is 0.28484 (current price) - 0.18172 (open price) = 10312 4 trade(s) still open, therefore total profit for open trade(s) is 10312 x 4 = 41248 All SLs moved to Break-even point.
Weekly update: TP8 hit with 104020 profit ... Trade Setup: We opened 10 BUY trade(s) @ 0.18172 based on 'Valley' entry method at 08.11.2018 Total Profit: 104020 Closed trade(s): 72464 Profit Open trade(s): 31556 Profit
Closed Profit: TP1 @ 0.2044 touched at 08.14.2018 with 2268 Profit. TP2 @ 0.2188 touched at 08.31.2018 with 3708 Profit. TP3 @ 0.2344 touched at 09.04.2018 with 5268 Profit. TP4 @ 0.2519 touched at 09.05.2018 with 7018 Profit. TP5 @ 0.2673 touched at 09.08.2018 with 8558 Profit. TP6 @ 0.2901 touched at 09.12.2018 with 10838 Profit. TP7 @ 0.3285 touched at 02.08.2019 with 14678 Profit. TP8 @ 0.3830 touched at 02.09.2019 with 20128 Profit. 2268 + 3708 + 5268 + 7018 + 8558 + 10838 + 14678 + 20128 = 72464
Open Profit: Profit for one trade is 0.33950(current price) - 0.18172 (open price) = 15778 2 trade(s) still open, therefore total profit for open trade(s) is 15778 x 2 = 31556 All SLs moved to Break-even point.
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