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 technical chart
Symbol BTCUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (9180.05 to 7773.55). 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 (9180.05)
    • Support on 02/26/2018
    • Support on 02/25/2018
    • Support on 02/24/2018
    • Support on 02/15/2018
    • Resistance on 02/04/2018
    • Resistance on 02/03/2018
    • Support on 01/17/2018
    • Support on 11/30/2017
    • Support on 11/29/2017
  • Ending of entry zone (7773.55)
    • Support on 02/11/2018
    • Support on 02/09/2018
    • Resistance on 02/07/2018
    • Resistance on 02/06/2018
    • Support on 02/04/2018
    • Support on 02/02/2018
    • Support on 11/21/2017
    • Resistance on 11/18/2017
    • Resistance on 11/08/2017

DateSun, 03/04/2018 - 17:32
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 8410.20, resumption of uptrend is expected.
  • We make sure when the resistance at 11600.00 breaks.
  • If the support at 8410.20 is broken, the short-term forecast -resumption of uptrend- will be invalid.

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 56.

Take Profits:

  1. 10688.25
  2. 11599.95
  3. 12670.65
  4. 15308.00
  5. 17095.65
  6. 19704.20
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin (BTCUSD) Tue, 13 Nov 2018
Bitcoin (BTCUSD) Tue, 6 Nov 2018
Bitcoin (BTCUSD) Wed, 24 Oct 2018
Bitcoin (BTCUSD) Mon, 15 Oct 2018
Bitcoin (BTCUSD) Wed, 10 Oct 2018