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 Monero / Bitcoin technical chart
Symbol XMRBTC

Download MT4 template file

Trade Setup
#XMRBTC
Total Profit: -21 pip
Closed trade(s): 51 pip Profit
Open trade(s): -72 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.00764 based on 'Valley' entry method at 2020.07.15.

Closed Profit:
TP1 @ 0.00815 touched at 2020.08.07 with 51 pip Profit.

Open Profit:
Profit for one trade is 0.00756(current price) - 0.00764(open price) = -8 pip
9 trade(s) still open, therefore total profit for open trade(s) is -8 x 9 = -72 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.
DateAugust 16, 2020 - 15:44
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.006000 would begin in Midterm.

Technical analysis:

  • While the RSI support #1 at 43 is not broken, the probability of price decrease would be too low.
  • A peak is formed in daily chart at 0.00818 on 08/07/2020, so more losses to support(s) 0.00755, 0.00705, 0.00635 and minimum to Major Support (0.00600) 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 48.

Take Profits:

  1. 0.00815
  2. 0.00865
  3. 0.00945
  4. 0.01220
  5. 0.01400
  6. 0.01600
  7. 0.01900
  8. 0.02300
  9. 0.02565
Click on the level to view price action history.
Symbol Released Current Forecast
Monero / Bitcoin (XMRBTC) Tue, 2 Apr 2024
Monero / Bitcoin (XMRBTC) Mon, 11 Mar 2024
Monero / Bitcoin (XMRBTC) Tue, 20 Feb 2024
Monero / Bitcoin (XMRBTC) Tue, 30 Jan 2024
Monero / Bitcoin (XMRBTC) Wed, 10 Jan 2024
History
Daily-Trading-Opportunities on XMRBTC.