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Weekly forecast Bitcoin / EUR technical chart
Symbol BTCEUR

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Trade Setup

#BTCEUR
Total Profit: 100199 pip
Closed trade(s): 0 pip Profit
Open trade(s): 100199 pip Profit

Trade Setup:
We opened 11 BUY trade(s) @ 5650.58 based on 'Two-Day reversal candle (Hammer in D2 time frame)' entry method at 2018.06.14.

Open Profit:
Profit for one trade is 5741.67(current price) - 5650.58(open price) = 9109 pip
11 trade(s) still open, therefore total profit for open trade(s) is 9109 x 11 = 100199 pip

#BTCEUR
Total Profit: 498585 pip
Closed trade(s): 498585 pip Profit
Open trade(s): 0 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07.

Closed Profit:
TP1 @ 6299.85 touched at 2018.04.12 with 78585 pip Profit.
TP2 @ 7297.45 touched at 2018.04.24 with 178345 pip Profit.
TP3 @ 7930.55 touched at 2018.05.03 with 241655 pip Profit.
78585 + 178345 + 241655 = 498585 pip

All 6 trades closed at entry price, therefore no profit no loss.

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.

DateThu, 06/21/2018 - 11:20
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 4184.50 would begin in Midterm.

Technical analysis:

  • The RSI bounced from the uptrend #1 and it prevented price from more losses.
  • The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 43.

Take Profits:

  1. 5976.25
  2. 6299.85
  3. 6718.95
  4. 7297.45
  5. 7930.55
  6. 9300.00
  7. 10740.00
  8. 12165.00
  9. 14200.00
  10. 16780.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin / EUR (BTCEUR) Tue, 4 Sep 2018
Bitcoin / EUR (BTCEUR) free Tue, 21 Aug 2018
Bitcoin / EUR (BTCEUR) free Tue, 24 Jul 2018
Bitcoin / EUR (BTCEUR) Wed, 18 Jul 2018
Bitcoin / EUR (BTCEUR) Thu, 21 Jun 2018