website utilities


Follow us:
+1 (646) 48 000 22 (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: 696 pip
Closed trade(s): 152 pip Profit
Open trade(s): 544 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.
TP2 @ 0.00865 touched at 2020.08.21 with 101 pip Profit.
51 + 101 = 152 pip

Open Profit:
Profit for one trade is 0.00832(current price) - 0.00764(open price) = 68 pip
8 trade(s) still open, therefore total profit for open trade(s) is 68 x 8 = 544 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.

DateSeptember 13, 2020 - 15:45
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.00600, beginning of uptrend is expected.
  • We make sure when the resistance at 0.00945 breaks.
  • If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 43 is not broken, the probability of price decrease would be too low.
  • While the RSI downtrend #2 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.00745 on 09/05/2020, so more gains to resistance(s) 0.00865 and maximum to Major Resistance (0.00945) 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 59.

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) free Mon, 26 Oct 2020
Monero / Bitcoin (XMRBTC) Mon, 19 Oct 2020
Monero / Bitcoin (XMRBTC) Sun, 11 Oct 2020
Monero / Bitcoin (XMRBTC) Tue, 6 Oct 2020
Monero / Bitcoin (XMRBTC) free Sun, 13 Sep 2020