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 Ethereum technical chart
Symbol ETHUSD
Trade Setup

#ETHUSD
Total Loss: 1480730 point (490%)
Closed trade(s): 1480730 point Loss

Trade Setup:
We opened 10 BUY trades @ 3006.62 based on 'Hammer' entry method at 2022-04-25.

Closed Loss:
SL @ 1525.89 touched at 2022-06-11 with 1480730 point Loss. (490%)
Loss for one BUY trade is 3006.62(open price) - 1525.89(close price) = 148073 point (49%)
Therefore total loss for trades is 148073 (49%) x 10 = 1480730 point (490%)

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateJune 26, 2022 - 09:55
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 1703.00 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 1800 on 2022-05-12 and the trough at 1617.361572 on 2022-06-13, the probability of downtrend continuation is decreased and the probability of beginning the correction wave is increased.
  • The RSI downtrend #1 is broken, so the probability of continuation of downtrend is decreased.
  • A trough is formed in daily chart at 881.55 on 06/18/2022, so more gains to resistance(s) 1400.36, 1544.30 and maximum to Major Resistance (1703.00) 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.
Symbol Released Current Forecast
Ethereum (ETHUSD) Sun, 14 Apr 2024
Ethereum (ETHUSD) free Sun, 7 Apr 2024
Ethereum (ETHUSD) free Sun, 31 Mar 2024
Ethereum (ETHUSD) Sun, 24 Mar 2024
Ethereum (ETHUSD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on ETHUSD.