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

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (18866.78 to 17707.74). 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 (18866.78)
  • Ending of entry zone (17707.74)

DateJanuary 21, 2023 - 15:13
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 uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 16314.30 on 12/30/2022, so more gains to resistance(s) 23500.00 and maximum to Major Resistance (25211.30) 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 86.

Take Profits:

  1. 20028.17
  2. 21919.49
  3. 23500.00
  4. 25211.30
  5. 26700.00
  6. 31765.00
  7. 37327.72
  8. 42500.00
  9. 48189.85
  10. 55590.00
  11. 64755.00
  12. 69000.00
  13. 75000.00
  14. 80000.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin (BTCUSD) new Mon, 17 Jun 2024
Bitcoin (BTCUSD) Sun, 9 Jun 2024
Bitcoin (BTCUSD) Sun, 2 Jun 2024
Bitcoin (BTCUSD) Sun, 26 May 2024
Bitcoin (BTCUSD) Wed, 15 May 2024