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Weekly forecast ETP / BIT technical chart
Symbol ETPBIT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 20, 2020 - 22:19
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • 36.26005 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 10.35000 on 03/12/2020, so more gains to resistance(s) 22.14560 and maximum to Major Resistance (36.26005) 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 35.

Supports and Resistances:

  1. 1101.00000
  2. 687.90265
  3. 560.48020
  4. 381.70090
  5. 275.65050
  6. 231.00000
  7. 155.00000
  8. 121.00000
  9. 90.50000
  10. 68.00000
Click on the level to view price action history.

Symbol Released Current Forecast
ETP / BIT (ETPBIT) Sat, 7 Aug 2021
ETP / BIT (ETPBIT) Sat, 31 Jul 2021
ETP / BIT (ETPBIT) Mon, 26 Jul 2021
ETP / BIT (ETPBIT) Sun, 18 Jul 2021
ETP / BIT (ETPBIT) Sun, 11 Jul 2021