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 Ethereum Classic technical chart
Symbol ETCUSD

Download MT4 template file

Trade Setup
#ETCUSD
Total Profit: 100711 pip (199%)
Closed trade(s): 22416 pip Profit (45%)
Open trade(s): 78295 pip Profit (154%)

Trade Setup:
We opened 9 BUY trade(s) @ 5.0222 based on 'Valley' entry method at 2020.11.05.

Closed Profit:
TP1 @ 5.9555 touched at 2020.11.18 with 9333 pip Profit (19%).
TP2 @ 6.3305 touched at 2020.11.21 with 13083 pip Profit (26%).
9333 (19%) + 13083 (26%) = 22416 pip (45%)

Open Profit:
Profit for one trade is 6.1407(current price) - 5.0222(open price) = 11185 pip (22%)
7 trade(s) still open, therefore total profit for open trade(s) is 11185 (22%) x 7 = 78295 pip (154%)

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.

DateNovember 22, 2020 - 22:23
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 3.3050, beginning of uptrend is expected.
  • We make sure when the resistance at 7.5580 breaks.
  • If the support at 3.3050 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 4.7000 on 11/04/2020, so more gains to resistance(s) 6.3305, 7.0910 and maximum to Major Resistance (7.5580) 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. 5.9555
  2. 6.3305
  3. 7.0910
  4. 7.5580
  5. 8.6280
  6. 9.7035
  7. 11.2200
  8. 13.1800
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum Classic (ETCUSD) Wed, 13 Jan 2021
Ethereum Classic (ETCUSD) free Tue, 5 Jan 2021
Ethereum Classic (ETCUSD) Mon, 21 Dec 2020
Ethereum Classic (ETCUSD) Tue, 8 Dec 2020
Ethereum Classic (ETCUSD) Tue, 1 Dec 2020