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 / EUR technical chart
Symbol BTCEUR

Download MT4 template file

Trade Setup

#BTCEUR
Total Profit: 597179 pip
Closed trade(s): 235833 pip Profit
Open trade(s): 361346 pip Profit
_______________________________________________
Trade Setup:
We opened 4 BUY trade(s) @ 5573.09 (day close price) based on 'Two-day reversal candle (Hammer)' at 2017.11.13.

Closed Profit:
TP1 @ 5985.55 touched at 2017.11.15 with 41246 pip Profit.
TP2 @ 6384.70 touched at 2017.11.16 with 81161 pip Profit.
TP3 @ 6707.35 touched at 2017.11.16 with 113426 pip Profit.
41246 + 81161 + 113426 = 235833 pip

Open Profit:
Profit for one trade is 9186.55(current price) - 5573.09(open price) = 361346 pip
1 trade(s) still open, therefore total profit for open trade(s) is 361346 x 1 = 361346 pip
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (5110.00 to 4610.00). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (5110.00)
    • Resistance on 10/27/2017
    • Resistance on 10/26/2017
    • Resistance on 10/23/2017
    • Resistance on 10/22/2017
    • Resistance on 10/21/2017
    • Resistance on 10/20/2017
  • Ending of entry zone (4610.00)
    • Support on 10/25/2017
    • Support on 10/24/2017
    • Support on 10/18/2017
    • Support on 10/15/2017

DateSat, 12/02/2017 - 18:37
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • The current trend is uptrend and the forecast is continuation of uptrend.

Technical analysis:

  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 81.

Take Profits:

  1. 5985.55
  2. 6384.70
  3. 6707.35
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin / EUR (BTCEUR) free Tue, 24 Jul 2018
Bitcoin / EUR (BTCEUR) Wed, 18 Jul 2018
Bitcoin / EUR (BTCEUR) Thu, 21 Jun 2018
Bitcoin / EUR (BTCEUR) free Mon, 11 Jun 2018
Bitcoin / EUR (BTCEUR) free Tue, 29 May 2018