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 Bitcoin technical chart
Symbol BTCUSD
Trade Setup

#BTCUSDT
Total Profit: 13217760 pip (383%)
Closed trade(s): 12352053 pip Profit (358%)
Open trade(s): 865707 pip Profit (25%)

Trade Setup:
We opened 9 BUY trade(s) @ 34525.97 based on 'Valley' entry method at 2021.06.28.

Closed Profit:
TP1 @ 37500.00 touched at 2021.07.26 with 297403 pip Profit (9%).
TP2 @ 40000.00 touched at 2021.07.26 with 547403 pip Profit (16%).
TP3 @ 43138.29 touched at 2021.08.06 with 861232 pip Profit (25%).
TP4 @ 47000.00 touched at 2021.08.13 with 1247403 pip Profit (36%).
TP5 @ 52000.00 touched at 2021.09.06 with 1747403 pip Profit (51%).
TP6 @ 55590.00 touched at 2021.10.06 with 2106403 pip Profit (61%).
TP7 @ 59500.00 touched at 2021.10.15 with 2497403 pip Profit (72%).
TP8 @ 65000.00 touched at 2021.10.20 with 3047403 pip Profit (88%).
297403 (9%) + 547403 (16%) + 861232 (25%) + 1247403 (36%) + 1747403 (51%) + 2106403 (61%) + 2497403 (72%) + 3047403 (88%) = 12352053 pip (358%)

Open Profit:
Profit for one trade is 43183.04(current price) - 34525.97(open price) = 865707 pip (25%)
1 trade(s) still open, therefore total profit for open trade(s) is 865707 (25%) x 1 = 865707 pip (25%)

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 40000.00 is broken, we will close open trades.
DateJanuary 16, 2022 - 14:25
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 40000.00, resumption of uptrend is expected.
  • We make sure when the resistance at 45518.84 breaks.
  • If the support at 40000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 40000.00 is broken.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 39628.35 on 01/10/2022, so more gains to resistance(s) 43138.29 and maximum to Major Resistance (45518.84) 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 40.

Take Profits:

  1. 37500.00
  2. 40000.00
  3. 43138.29
  4. 47000.00
  5. 52000.00
  6. 55590.00
  7. 59500.00
  8. 65000.00
Click on the level to view price action history.
Symbol Released Current Forecast
Bitcoin (BTCUSD) Sun, 14 Apr 2024
Bitcoin (BTCUSD) free Fri, 5 Apr 2024
Bitcoin (BTCUSD) Sun, 31 Mar 2024
Bitcoin (BTCUSD) Sun, 24 Mar 2024
Bitcoin (BTCUSD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on BTCUSD.