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 Ethereum Classic technical chart
Symbol ETCUSD

Download MT4 template file

Trade Setup
#ETCUSD
Total Profit: 309512 pip
Closed trade(s): 256209 pip Profit
Open trade(s): 53303 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 5.5057 based on 'Hammer' entry method at 2020.12.24.

Closed Profit:
TP1 @ 5.9555 touched at 2020.12.27 with 4498 pip Profit.
TP2 @ 6.3305 touched at 2021.01.03 with 8248 pip Profit.
TP3 @ 7.0910 touched at 2021.01.04 with 15853 pip Profit.
TP4 @ 7.5580 touched at 2021.01.06 with 20523 pip Profit.
TP5 @ 8.6280 touched at 2021.01.10 with 31223 pip Profit.
TP6 @ 9.7035 touched at 2021.02.09 with 41978 pip Profit.
TP7 @ 11.2200 touched at 2021.02.10 with 57143 pip Profit.
TP8 @ 13.1800 touched at 2021.02.13 with 76743 pip Profit.
4498 + 8248 + 15853 + 20523 + 31223 + 41978 + 57143 + 76743 = 256209 pip

Open Profit:
Profit for one trade is 10.8360(current price) - 5.5057(open price) = 53303 pip
1 trade(s) still open, therefore total profit for open trade(s) is 53303 x 1 = 53303 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.
  • If the Midterm level 9.70 is broken, we will close open trades.

DateMarch 4, 2021 - 19:40
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 9.70, resumption of uptrend is expected.
  • We make sure when the resistance at 13.18 breaks.
  • If the support at 9.70 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 9.70 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 17.9670 on 02/13/2021, so more losses minimum to Major Support (9.7035) 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 47.

Take Profits:

  1. 5.9555
  2. 6.3305
  3. 7.0910
  4. 7.5580
  5. 8.6280
  6. 9.7035
  7. 11.2200
  8. 13.1800
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum Classic (ETCUSD) Sun, 24 Mar 2024
Ethereum Classic (ETCUSD) Sun, 17 Mar 2024
Ethereum Classic (ETCUSD) Sun, 10 Mar 2024
Ethereum Classic (ETCUSD) Sun, 3 Mar 2024
Ethereum Classic (ETCUSD) Sat, 24 Feb 2024