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Weekly forecast EOS / BIT technical chart
Symbol EOSBIT

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Trade Setup
#EOSBIT
Total Profit: -188132830 pip (-590%)
Closed trade(s): 0 pip Profit (0%)
Open trade(s): -188132830 pip Profit (-590%)

Trade Setup:
We opened 10 BUY trade(s) @ 317.75009 based on 'Valley' entry method at 2020.08.15.

Open Profit:
Profit for one trade is 129.61726(current price) - 317.75009(open price) = -18813283 pip (-59%)
10 trade(s) still open, therefore total profit for open trade(s) is -18813283 (-59%) x 10 = -188132830 pip (-590%)

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.

DateDecember 21, 2020 - 19:37
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 82.85135, beginning of uptrend is expected.
  • We make sure when the resistance at 187.98785 breaks.
  • If the support at 82.85135 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 204.47500 on 11/24/2020, so more losses to support(s) 104.41675 and minimum to Major Support (82.85135) 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 28.

Take Profits:

  1. 344.01720
  2. 382.77965
  3. 415.07290
  4. 462.05120
  5. 531.76000
  6. 760.97955
  7. 1079.63390
  8. 1337.53085
  9. 1594.54280
Click on the level to view price action history.

Symbol Released Current Forecast
EOS / BIT (EOSBIT) Sun, 20 Mar 2022
EOS / BIT (EOSBIT) Tue, 15 Mar 2022
EOS / BIT (EOSBIT) Mon, 7 Mar 2022
EOS / BIT (EOSBIT) Sun, 27 Feb 2022
EOS / BIT (EOSBIT) Sun, 20 Feb 2022