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 / Bitcoin technical chart
Symbol ETHBTC

Download MT4 template file

Trade Setup
#ETHBTC
Total Profit: -1070 pip
Closed trade(s): 43 pip Profit
Open trade(s): -1113 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 0.03287 based on 'Valley' entry method at 2020.10.11.

Closed Profit:
TP1 @ 0.03330 touched at 2020.10.12 with 43 pip Profit.

Open Profit:
Profit for one trade is 0.03128(current price) - 0.03287(open price) = -159 pip
7 trade(s) still open, therefore total profit for open trade(s) is -159 x 7 = -1113 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.

DateOctober 25, 2020 - 16:03
Currentrange bound
Forecastresumption of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 0.02450, resumption of uptrend is expected.
  • We make sure when the resistance at 0.04045 breaks.
  • If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.03150 on 10/07/2020, so more gains to resistance(s) 0.03185, 0.03330, 0.03495 and maximum to Major Resistance (0.04045) 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 40.

Take Profits:

  1. 0.03330
  2. 0.03495
  3. 0.04045
  4. 0.04850
  5. 0.05695
  6. 0.06955
  7. 0.08550
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum / Bitcoin (ETHBTC) free Sun, 22 Nov 2020
Ethereum / Bitcoin (ETHBTC) Tue, 17 Nov 2020
Ethereum / Bitcoin (ETHBTC) Sun, 8 Nov 2020
Ethereum / Bitcoin (ETHBTC) Wed, 4 Nov 2020
Ethereum / Bitcoin (ETHBTC) Sun, 1 Nov 2020