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

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00570 to 0.00535). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.00570)
    • Support on 12/27/2020
    • Resistance on 01/01/2021
    • Resistance on 04/12/2021
    • Support on 04/18/2021
    • Support on 05/19/2021
    • Support on 05/20/2021
    • Support on 05/23/2021
    • Support on 07/26/2021
    • Support on 07/27/2021
    • Support on 07/28/2021
    • Support on 07/29/2021
    • Support on 07/31/2021
    • Support on 08/01/2021
    • Support on 08/10/2021
    • Support on 08/12/2021
    • Support on 08/15/2021
    • Support on 08/16/2021
    • Support on 08/17/2021
    • Support on 08/21/2021
    • Support on 08/22/2021
  • Ending of entry zone (0.00535)
    • Support on 12/31/2020
    • Resistance on 02/13/2021
    • Resistance on 04/13/2021
    • Support on 05/19/2021
    • Support on 05/20/2021

DateAugust 29, 2021 - 05:24
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.005350, resumption of uptrend is expected.
  • We make sure when the resistance at 0.006500 breaks.
  • If the support at 0.005350 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased.
  • A peak is formed in daily chart at 0.00685 on 08/24/2021, so more losses to support(s) 0.00600, 0.00570 and minimum to Major Support (0.00535) 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 51.

Take Profits:

  1. 0.00600
  2. 0.00650
  3. 0.00700
  4. 0.00770
  5. 0.00900
Click on the level to view price action history.

Symbol Released Current Forecast
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
Monero / Bitcoin (XMRBTC) Sun, 17 Dec 2023