Languages

website utilities

 

Follow us:
+1 (646) 48 000 22 (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 technical chart
Symbol BCHUSD

Download MT4 template file

Trade Setup

#BCHUSD
Total Profit: 65097 pip
Closed trade(s): 0 pip Profit
Open trade(s): 65097 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 627.89 based on 'Two-Day reversal candle (Hammer in D2 time frame)' entry method at 2018.04.07.

Open Profit:
Profit for one trade is 700.22(current price) - 627.89(open price) = 7233 pip
9 trade(s) still open, therefore total profit for open trade(s) is 7233 x 9 = 65097 pip

#BCHUSD
Total Profit: 256323 pip
Closed trade(s): 220333 pip Profit
Open trade(s): 35990 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 333.31 (day close price) based on 'Valley' at 2017.10.26.

Closed Profit:
TP1 @ 395.75 touched at 2017.10.28 with 6244 pip Profit.
TP2 @ 467.40 touched at 2017.10.29 with 13409 pip Profit.
TP3 @ 543.85 touched at 2017.11.02 with 21054 pip Profit.
TP4 @ 625.80 touched at 2017.11.03 with 29249 pip Profit.
TP5 @ 707.75 touched at 2017.11.10 with 37444 pip Profit.
TP6 @ 823.95 touched at 2017.11.10 with 49064 pip Profit.
TP7 @ 972.00 touched at 2017.11.10 with 63869 pip Profit.
6244 + 13409 + 21054 + 29249 + 37444 + 49064 + 63869 = 220333 pip

Open Profit:
Profit for one trade is 693.21(current price) - 333.31(open price) = 35990 pip
1 trade(s) still open, therefore total profit for open trade(s) is 35990 x 1 = 35990 pip

DateThu, 04/12/2018 - 17:17
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 279.80, resumption of uptrend is expected.
  • We make sure when the resistance at 1617.95 breaks.
  • If the support at 279.80 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 42.

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, the description can also be found below the image.

Take Profits:

  1. 748.60 ✔(2018-04-13)
  2. 832.10
  3. 945.70
  4. 1120.15
  5. 1292.20
  6. 2026.20
  7. 2811.15
  8. 4088.05
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin Cash (BCHUSD) Wed, 27 Jun 2018
Bitcoin Cash (BCHUSD) Wed, 20 Jun 2018
Bitcoin Cash (BCHUSD) free Wed, 6 Jun 2018
Bitcoin Cash (BCHUSD) free Wed, 30 May 2018
Bitcoin Cash (BCHUSD) free Tue, 22 May 2018