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 Eidoo / BIT technical chart
Symbol EDOBIT

Download MT4 template file

Trade Setup

#EDOBIT
Total Profit: 41196067 pip (3732%)
Closed trade(s): 8177433 pip Profit (740%)
Open trade(s): 33018634 pip Profit (2992%)

Trade Setup:
We opened 15 BUY trade(s) @ 11.04783 based on 'Valley' entry method at 2021.01.16.

Closed Profit:
TP1 @ 17.93025 touched at 2021.01.30 with 688242 pip Profit (62%).
TP2 @ 26.73495 touched at 2021.01.31 with 1568712 pip Profit (142%).
TP3 @ 36.33000 touched at 2021.02.01 with 2528217 pip Profit (229%).
TP4 @ 44.97045 touched at 2021.02.11 with 3392262 pip Profit (307%).
688242 (62%) + 1568712 (142%) + 2528217 (229%) + 3392262 (307%) = 8177433 pip (740%)

Open Profit:
Profit for one trade is 41.06477(current price) - 11.04783(open price) = 3001694 pip (272%)
11 trade(s) still open, therefore total profit for open trade(s) is 3001694 (272%) x 11 = 33018634 pip (2992%)

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.
  • If the Midterm level 17.93050 is broken, we will close open trades.

DateMarch 23, 2021 - 16:53
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 17.93050, resumption of uptrend is expected.
  • We make sure when the resistance at 44.97050 breaks.
  • If the support at 17.93050 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 17.93050 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 17.00188 on 03/19/2021, so more gains maximum to Major Resistance (44.97050) 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 63.

Take Profits:

  1. 17.93050
  2. 26.73500
  3. 36.33000
  4. 44.97050
  5. 58.92500
  6. 70.80550
  7. 94.36750
  8. 116.18550
  9. 136.14000
  10. 158.95450
  11. 183.95850
  12. 238.88450
  13. 293.93650
  14. 471.63500
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo / BIT (EDOBIT) Sat, 25 Sep 2021
Eidoo / BIT (EDOBIT) Tue, 21 Sep 2021
Eidoo / BIT (EDOBIT) Mon, 13 Sep 2021
Eidoo / BIT (EDOBIT) Sat, 4 Sep 2021
Eidoo / BIT (EDOBIT) Sat, 28 Aug 2021