QSPBTC , weekly update:Total profit 2072 in 8 days.!

11 Apr 2018

QUANTSTAMP/BITCOIN
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 zone (0.0000156 to 0.0000099), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000156)
Ending of entry zone (0.0000099)

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:

Trade Setup:
We opened 8 BUY trade(s) @ 0.00001575(day close price) based on reversal candle (Trough) at 04.03.2018.

Total Profit: 2072
Closed trade(s): 525 Profit
Open trade(s): 1547 Profit

Closed Profit:
TP1 @ 0.00002100 touched at 04.11.2018 with 525 Profit.

Open Profit:
Profit for one trade is 0.00001796(current price) -0.00001575(open price) = 221
5 trade(s) still open, therefore total profit for open trade(s) is 221 x 7 = 1547
All SLs moved to Break-even point.

Take Profits:
TP2= @ 0.000025
TP3= @ 0.000030
TP4= @ 0.000035
TP5= @ 0.000039
TP6= @ 0.000047
TP7= @ 0.000054
TP8= Free

Technical analysis:
Quantstamp/Bitcoin 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.
The RSI is at 56.