If you missed our first HUNT, you may want to check this!

15 maj 2018

BasicAttentionToken/Dollar
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 suggested support line (0.33).

Entry signal:
Signal to enter the market occurs when the price comes to "Support line" 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.

Trade Setup:
We opened 5 BUY trade(s) @ 0.20958687 (day close price) with a strong signal based on reversal candle (Hammer, 2-day Hammer & Valley ) at 03.19.2018 .

Total Profit: 77317407
Closed trade(s): 39082626 Profit
Open trade(s): 38234781 Profit

Closed Profit:
TP1 @ 0.33 touched at 04.18.2018 with 12041313 Profit.
TP2 @ 0.48 touched at 04.24.2018 with 27041313 Profit.
12041313 + 27041313 = 39082626

Open Profit:
Profit for one trade is 0.33703614(current price) - 0.20958687(open price) = 12744927
3 trade(s) still open, therefore total profit for open trade(s) is 12744927 x 3 = 38234781
All SLs moved to Break-even point.

Take Profit:
TP3= @ 0.69
TP4= @ 1.04
TP5= Free

Technical analysis:
Basic Attention Token/Dollar is in a range bound and Resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 46.