website utilities


Follow us:
+1 64 64 8000 31 (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 technical chart
Symbol BTCUSD
Trade Setup

#BTCUSD
Total Profit: -6207709 point (-296%)
Closed trade(s): 55938 point Profit
Open trade(s): -6263647 point Profit

Trade Setup:
We opened 14 BUY trades @ 21360.11 based on 'Valley' entry method at 2022-09-09.

Closed Profit:
TP1 @ 21919.49 touched at 2022-09-12 with 55938 point Profit. (3%)

Open Profit:
Profit for one BUY trade is 16541.92(current price) - 21360.11(open price) = -481819 point (-23%)
13 trade(s) still open, therefore total profit for open trade(s) is -481819 (-23%) x 13 = -6263647 point (-299%)

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.

DateJanuary 1, 2023 - 14:39
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 15476.00, beginning of uptrend is expected.
  • We make sure when the resistance at 25211.30 breaks.
  • If the support at 15476.00 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 18387.95 on 12/14/2022, so more losses minimum to Major Support (15476.00) 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. 21919.49
  2. 23500.00
  3. 25211.30
  4. 26700.00
  5. 31765.00
  6. 37327.72
  7. 42500.00
  8. 48189.85
  9. 55590.00
  10. 64755.00
  11. 69000.00
  12. 75000.00
  13. 80000.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin (BTCUSD) Sun, 24 Mar 2024
Bitcoin (BTCUSD) Sun, 17 Mar 2024
Bitcoin (BTCUSD) free Sun, 10 Mar 2024
Bitcoin (BTCUSD) free Sun, 3 Mar 2024
Bitcoin (BTCUSD) free Sun, 25 Feb 2024