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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.

DateMay 3, 2020 - 13:28
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:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A peak is formed in daily chart at 23.95500 on 03/15/2020, so more losses to support(s) 10.35000 and more depths is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 46.

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