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 / Euro technical chart
Symbol BTCEUR

Download MT4 template file

Trade Setup
#BTCEUR
Total Profit: 4582954 pip
Closed trade(s): 3192018 pip Profit
Open trade(s): 1390936 pip Profit

Trade Setup:
We opened 13 BUY trade(s) @ 3473.22 based on 'Valley' entry method at 2019.03.05.

Closed Profit:
TP1 @ 3660.65 touched at 2019.03.29 with 18743 pip Profit.
TP2 @ 3847.20 touched at 2019.04.02 with 37398 pip Profit.
TP3 @ 4122.65 touched at 2019.04.02 with 64943 pip Profit.
TP4 @ 4958.00 touched at 2019.04.23 with 148478 pip Profit.
TP5 @ 5305.05 touched at 2019.05.03 with 183183 pip Profit.
TP6 @ 5821.60 touched at 2019.05.13 with 234838 pip Profit.
TP7 @ 6299.85 touched at 2019.05.13 with 282663 pip Profit.
TP8 @ 7193.00 touched at 2019.05.14 with 371978 pip Profit.
TP9 @ 8166.60 touched at 2019.06.17 with 469338 pip Profit.
TP10 @ 9300.00 touched at 2019.06.24 with 582678 pip Profit.
TP11 @ 11451.00 touched at 2019.06.26 with 797778 pip Profit.
18743 + 37398 + 64943 + 148478 + 183183 + 234838 + 282663 + 371978 + 469338 + 582678 + 797778 = 3192018 pip

Open Profit:
Profit for one trade is 10427.90(current price) - 3473.22(open price) = 695468 pip
2 trade(s) still open, therefore total profit for open trade(s) is 695468 x 2 = 1390936 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 7193.00 is broken, we will close open trades.

DateAugust 7, 2019 - 17:43
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 7193.00 would begin in Midterm.
  • We will close our open trades, if the Midterm level 7193.00 is broken.

Technical analysis:

  • The ascending flag taking shape suggests we will soon see another leg higher.
  • While the RSI support #1 at 38 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 8162.85 on 07/26/2019, so more gains to resistance(s) 11451.00, 14200.00, 16780.00 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 61.

Take Profits:

  1. 3660.65
  2. 3847.20
  3. 4122.65
  4. 4958.00
  5. 5305.05
  6. 5821.60
  7. 6299.85
  8. 7193.00
  9. 8166.60
  10. 9300.00
  11. 11451.00
  12. 14200.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin / Euro (BTCEUR) Sun, 5 Jul 2020
Bitcoin / Euro (BTCEUR) Sun, 28 Jun 2020
Bitcoin / Euro (BTCEUR) Mon, 22 Jun 2020
Bitcoin / Euro (BTCEUR) Mon, 15 Jun 2020
Bitcoin / Euro (BTCEUR) Mon, 8 Jun 2020