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 BIT technical chart
Symbol BITUSD

Download MT4 template file

Trade Setup

#BITUSD
Total Profit: 2795 pip (74%)
Closed trade(s): 145 pip Profit (4%)
Open trade(s): 2650 pip Profit (70%)

Trade Setup:
We opened 11 BUY trade(s) @ 0.03640 based on 'Valley' entry method at 2021.06.09.

Closed Profit:
TP1 @ 0.03785 touched at 2021.06.10 with 145 pip Profit (4%).

Open Profit:
Profit for one trade is 0.03905(current price) - 0.03640(open price) = 265 pip (7%)
10 trade(s) still open, therefore total profit for open trade(s) is 265 (7%) x 10 = 2650 pip (70%)

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.

DateJune 13, 2021 - 21:02
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.03000, resumption of uptrend is expected.
  • We make sure when the resistance at 0.04700 breaks.
  • If the support at 0.03000 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.03100 on 06/08/2021, so more gains to resistance(s) 0.04000, 0.04200, 0.04500 and maximum to Major Resistance (0.04700) 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 50.

Take Profits:

  1. 0.03785
  2. 0.04000
  3. 0.04200
  4. 0.04500
  5. 0.04700
  6. 0.05205
  7. 0.05560
  8. 0.05825
  9. 0.06155
  10. 0.06500
Click on the level to view price action history.

Symbol Released Current Forecast
BIT (BITUSD) free Thu, 14 Oct 2021
BIT (BITUSD) Sat, 9 Oct 2021
BIT (BITUSD) free Sat, 2 Oct 2021
BIT (BITUSD) Sat, 25 Sep 2021
BIT (BITUSD) Sun, 19 Sep 2021