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Weekly forecast Bitcoin / Euro technical chart
Symbol BTCEUR

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Trade Setup

#BTCEUR
Total Profit: -2066650 pip (-70%)
Closed trade(s): 0 pip Profit (0%)
Open trade(s): -2066650 pip Profit (-70%)

Trade Setup:
We opened 10 BUY trade(s) @ 29100.00 based on 'Valley' entry method at 2021.06.27.

Open Profit:
Profit for one trade is 27033.35(current price) - 29100.00(open price) = -206665 pip (-7%)
10 trade(s) still open, therefore total profit for open trade(s) is -206665 (-7%) x 10 = -2066650 pip (-70%)

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.

DateJuly 17, 2021 - 13:15
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 23569.00, beginning of uptrend is expected.
  • We make sure when the resistance at 39000.00 breaks.
  • If the support at 23569.00 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 30287.00 on 07/04/2021, so more losses minimum to Major Support (23569.00) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 42.

Take Profits:

  1. 31697.15
  2. 33304.00
  3. 36095.25
  4. 39000.00
  5. 42624.00
  6. 45865.00
  7. 48265.70
  8. 50900.00
  9. 54297.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin / Euro (BTCEUR) Sun, 24 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 17 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 10 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 3 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 25 Feb 2024