website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Bitcoin Cash / Bitcoin technical chart
Symbol BCHBTC

Download MT4 template file

Trade Setup

#BCHBTC
Total Profit: 5499 pip
Closed trade(s): 5165 pip Profit
Open trade(s): 334 pip Profit

Trade Setup:
We opened 6 BUY trade(s) @ 0.0582 based on 'Valley' entry method at 2017.11.21.

Closed Profit:
TP1 @ 0.1005 touched at 2017.11.22 with 423 pip Profit.
TP2 @ 0.1150 touched at 2017.11.22 with 568 pip Profit.
TP3 @ 0.1480 touched at 2017.11.22 with 898 pip Profit.
TP4 @ 0.2000 touched at 2017.11.24 with 1418 pip Profit.
TP5 @ 0.2440 touched at 2017.12.20 with 1858 pip Profit.
423 + 568 + 898 + 1418 + 1858 = 5165 pip

Open Profit:
Profit for one trade is 0.0916(current price) - 0.0582(open price) = 334 pip
1 trade(s) still open, therefore total profit for open trade(s) is 334 x 1 = 334 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 0.065450 is broken, we will close open trades.
DateNovember 9, 2018 - 08:43
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.065450, beginning of uptrend is expected.
  • We make sure when the resistance at 0.098000 breaks.
  • If the support at 0.065450 is broken, the short-term forecast -beginning of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 0.065450 is broken.

Technical analysis:

  • The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend.
  • The RSI resistance #1 at 56 is broken, so the probability of beginning of uptrend is increased.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 74.

Take Profits:

  1. 0.0980
  2. 0.1075
  3. 0.1210
  4. 0.1330
  5. 0.1480
  6. 0.1770
  7. 0.2010
  8. 0.2440
Click on the level to view price action history.
Symbol Released Current Forecast
Bitcoin Cash / Bitcoin (BCHBTC) Tue, 2 Apr 2024
Bitcoin Cash / Bitcoin (BCHBTC) Tue, 12 Mar 2024
Bitcoin Cash / Bitcoin (BCHBTC) Mon, 19 Feb 2024
Bitcoin Cash / Bitcoin (BCHBTC) Tue, 30 Jan 2024
Bitcoin Cash / Bitcoin (BCHBTC) Wed, 10 Jan 2024
History
Daily-Trading-Opportunities on BCHBTC.