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 Ripple / BIT technical chart
Symbol XRPBIT

Download MT4 template file

Trade Setup
#XRPBIT
Total Profit: -7398855 pip
Closed trade(s): 0 pip Profit
Open trade(s): -7398855 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 31.64515 based on 'Valley' entry method at 2020.02.13.

Open Profit:
Profit for one trade is 23.42420(current price) - 31.64515(open price) = -822095 pip
9 trade(s) still open, therefore total profit for open trade(s) is -822095 x 9 = -7398855 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.
DateSeptember 13, 2020 - 15:47
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 19.01905, resumption of uptrend is expected.
  • We make sure when the resistance at 29.65000 breaks.
  • If the support at 19.01905 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 42 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 22.61000 on 08/27/2020, so more gains to resistance(s) 23.53520, 25.67175 and maximum to Major Resistance (29.65000) 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 44.

Take Profits:

  1. 33.75000
  2. 37.45000
  3. 40.90000
  4. 47.69000
  5. 57.90000
  6. 71.90000
  7. 101.95000
  8. 228.75935
Click on the level to view price action history.
Symbol Released Current Forecast
Ripple / BIT (XRPBIT) Sun, 20 Mar 2022
Ripple / BIT (XRPBIT) Tue, 15 Mar 2022
Ripple / BIT (XRPBIT) Mon, 7 Mar 2022
Ripple / BIT (XRPBIT) Sun, 27 Feb 2022
Ripple / BIT (XRPBIT) Sun, 20 Feb 2022
History
Daily-Trading-Opportunities on XRPBIT.