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Trend Hunter performance since 2015 for this symbol

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Weekly forecast OmiseGO / BIT technical chart
Symbol OMGBIT

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Trade Setup
#OMGBIT
Total Profit: 21068771 pip
Closed trade(s): 2850835 pip Profit
Open trade(s): 18217936 pip Profit

Trade Setup:
We opened 12 BUY trade(s) @ 98.39165 based on 'Valley' entry method at 2020.01.17.

Closed Profit:
TP1 @ 126.90000 touched at 2020.02.13 with 2850835 pip Profit.

Open Profit:
Profit for one trade is 114.95341(current price) - 98.39165(open price) = 1656176 pip
11 trade(s) still open, therefore total profit for open trade(s) is 1656176 x 11 = 18217936 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.

DateSun, 02/23/2020 - 17:03
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 174.30000 would begin in Midterm.

Technical analysis:

  • A peak is formed in daily chart at 142.25000 on 02/15/2020, so more losses to support(s) 96.50000 and minimum to Trend Hunter Buy Zone (87.15000 to 79.10000) 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 55.

Take Profits:

  1. 126.90000
  2. 174.30000
  3. 219.10000
  4. 303.85000
  5. 499.25000
  6. 683.50000
  7. 887.00000
  8. 1138.50000
  9. 1387.50000
  10. 1739.90000
  11. 2319.50000
Click on the level to view price action history.

Symbol Released Current Forecast
OmiseGO / BIT (OMGBIT) new Mon, 25 May 2020
OmiseGO / BIT (OMGBIT) free Sun, 17 May 2020
OmiseGO / BIT (OMGBIT) Sun, 10 May 2020
OmiseGO / BIT (OMGBIT) Sun, 3 May 2020
OmiseGO / BIT (OMGBIT) Sun, 26 Apr 2020