Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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 technical chart
Symbol XMRUSD

Download MT4 template file

Trade Setup
#XMRUSD
Total Profit: 32868 point
Closed trade(s): 19780 point Profit
Open trade(s): 13088 point Profit

Trade Setup:
We opened 14 BUY trade(s) @ 50.70 based on 'Hammer' entry method at 2019.03.12.

Closed Profit:
TP1 @ 56.70 touched at 2019.03.31 with 600 point Profit.
TP2 @ 65.50 touched at 2019.04.02 with 1480 point Profit.
TP3 @ 76.30 touched at 2019.05.11 with 2560 point Profit.
TP4 @ 88.65 touched at 2019.05.15 with 3795 point Profit.
TP5 @ 100.00 touched at 2019.06.19 with 4930 point Profit.
TP6 @ 114.85 touched at 2019.06.22 with 6415 point Profit.
600 + 1480 + 2560 + 3795 + 4930 + 6415 = 19780 point

Open Profit:
Profit for one trade is 67.06(current price) - 50.70(open price) = 1636 point
8 trade(s) still open, therefore total profit for open trade(s) is 1636 x 8 = 13088 point

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.
  • If the Midterm level 65.50 is broken, we will close open trades.

DateTue, 09/24/2019 - 13:44
Currentrange bound
Forecastresumption of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 65.50, resumption of uptrend is expected.
  • We make sure when the resistance at 120.95 breaks.
  • If the support at 65.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 65.50 is broken.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 82.00 on 09/19/2019, so more losses minimum to Major Support (65.50) 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 35.

Take Profits:

  1. 56.70
  2. 65.50
  3. 76.30
  4. 88.65
  5. 100.00
  6. 114.85
  7. 137.95
  8. 149.10
  9. 168.70
  10. 230.10
  11. 298.90
  12. 372.35
  13. 447.10
Click on the level to view price action history.

Symbol Released Current Forecast
Monero (XMRUSD) new Sun, 31 May 2020
Monero (XMRUSD) Mon, 25 May 2020
Monero (XMRUSD) Sun, 10 May 2020
Monero (XMRUSD) Sun, 3 May 2020
Monero (XMRUSD) Sun, 26 Apr 2020