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 Eidoo / BIT technical chart
Symbol EDOBIT

Download MT4 template file

Trade Setup
#EDOBIT
Total Profit: -7815396 pip
Closed trade(s): 0 pip Profit
Open trade(s): -7815396 pip Profit

Trade Setup:
We opened 12 BUY trade(s) @ 37.75842 based on 'Valley' entry method at 2020.05.25.

Open Profit:
Profit for one trade is 31.24559(current price) - 37.75842(open price) = -651283 pip
12 trade(s) still open, therefore total profit for open trade(s) is -651283 x 12 = -7815396 pip

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.

DateMay 31, 2020 - 12:42
Currentuptrend
Forecastcontinuation of uptrend
Last weekBearish

Midterm forecast:

  • 6.26310 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A peak is formed in daily chart at 40.20000 on 05/25/2020, so more losses to support(s) 26.94035, 20.18000, 11.08780 and minimum to Major Support (6.26310) 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 62.

Take Profits:

  1. 40.23570
  2. 49.32825
  3. 58.92510
  4. 70.80565
  5. 94.36750
  6. 116.18550
  7. 158.95440
  8. 183.95850
  9. 238.88445
  10. 293.93645
  11. 471.63485
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo / BIT (EDOBIT) new Sun, 12 Jul 2020
Eidoo / BIT (EDOBIT) Sun, 5 Jul 2020
Eidoo / BIT (EDOBIT) Sun, 28 Jun 2020
Eidoo / BIT (EDOBIT) free Sun, 21 Jun 2020
Eidoo / BIT (EDOBIT) Sun, 14 Jun 2020