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Weekly forecast Ethereum / Bitcoin technical chart
Symbol ETHBTC

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Trade Setup

#ETHBTC
Total Profit: 4509 pip
Closed trade(s): 0 pip Profit
Open trade(s): 4509 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 0.05474 based on 'Hammer' entry method at 2018.04.04.

Open Profit:
Profit for one trade is 0.05975(current price) - 0.05474(open price) = 501 pip
9 trade(s) still open, therefore total profit for open trade(s) is 501 x 9 = 4509 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.

DateWed, 04/11/2018 - 10:14
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.02200, resumption of uptrend is expected.
  • We make sure when the resistance at 0.07200 breaks.
  • If the support at 0.02200 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 48.

Take Profits:

  1. 0.06050
  2. 0.07200
  3. 0.07750
  4. 0.08600
  5. 0.10000
  6. 0.11060
  7. 0.12160
  8. 0.15140
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum / Bitcoin (ETHBTC) Mon, 3 Sep 2018
Ethereum / Bitcoin (ETHBTC) Tue, 28 Aug 2018
Ethereum / Bitcoin (ETHBTC) Tue, 17 Jul 2018
Ethereum / Bitcoin (ETHBTC) Mon, 9 Jul 2018
Ethereum / Bitcoin (ETHBTC) free Mon, 18 Jun 2018