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 Profit: 556726 point (434%)
Closed trade(s): 145382 point Profit
Open trade(s): 411344 point Profit

Trade Setup:
We opened 12 BUY trades @ 1285.42 based on 'Valley' entry method at 2022-11-30.

Closed Profit:
TP1 @ 1385.45 touched at 2023-01-11 with 10003 point Profit. (8%)
TP2 @ 1500.05 touched at 2023-01-14 with 21463 point Profit. (17%)
TP3 @ 1680.00 touched at 2023-02-02 with 39458 point Profit. (31%)
TP4 @ 2030.00 touched at 2023-04-14 with 74458 point Profit. (58%)
10003 (8%) + 21463 (17%) + 39458 (31%) + 74458 (58%) = 145382 point (114%)

Open Profit:
Profit for one BUY trade is 1799.6(current price) - 1285.42(open price) = 51418 point (40%)
8 trade(s) still open, therefore total profit for open trade(s) is 51418 (40%) x 8 = 411344 point (320%)

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.
  • If the Midterm level 1368.40 is broken, we will close open trades.

DateMay 14, 2023 - 23:14
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 1368.40, continuation of uptrend is expected.
  • We make sure when the resistance at 2141.55 breaks.
  • If the support at 1368.40 is broken, the short-term forecast -continuation of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 1368.40 is broken.

Technical analysis:

  • A peak is formed in daily chart at 2141.55 on 04/16/2023, so more losses to support(s) 1742.95, 1680.00, 1500.05 and minimum to Major Support (1368.40) 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 43.

Take Profits:

  1. 1385.45
  2. 1500.05
  3. 1680.00
  4. 2030.00
  5. 2488.19
  6. 2724.63
  7. 3146.52
  8. 3580.00
  9. 4140.98
  10. 4493.30
  11. 4868.00
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum (ETHUSD) Sun, 24 Mar 2024
Ethereum (ETHUSD) Sun, 17 Mar 2024
Ethereum (ETHUSD) free Sun, 10 Mar 2024
Ethereum (ETHUSD) free Sun, 3 Mar 2024
Ethereum (ETHUSD) free Sat, 24 Feb 2024