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 Eidoo / BIT technical chart
Symbol EDOBIT

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (28.92815 to 25.07240). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (28.92815)
    • Support on 09/03/2019
    • Resistance on 09/07/2019
    • Support on 09/09/2019
    • Support on 09/10/2019
    • Support on 10/26/2019
    • Support on 10/27/2019
    • Support on 10/28/2019
    • Support on 10/31/2019
    • Support on 11/25/2019
    • Support on 12/18/2019
    • Support on 12/21/2019
    • Resistance on 12/23/2019
    • Resistance on 12/28/2019
    • Resistance on 01/06/2020
    • Resistance on 02/16/2020
    • Resistance on 02/19/2020
    • Support on 05/28/2020
    • Support on 05/29/2020
    • Support on 06/02/2020
    • Support on 06/03/2020
    • Support on 10/15/2020
    • Support on 10/18/2020
    • Support on 10/19/2020
    • Support on 10/21/2020
  • Ending of entry zone (25.07240)
    • Support on 09/06/2019
    • Support on 09/07/2019
    • Resistance on 01/09/2020
    • Resistance on 01/19/2020
    • Resistance on 02/18/2020
    • Resistance on 02/19/2020
    • Resistance on 02/22/2020
    • Resistance on 05/13/2020
    • Resistance on 05/14/2020
    • Support on 05/25/2020
    • Support on 06/02/2020
    • Support on 06/03/2020
    • Support on 10/15/2020
    • Support on 10/18/2020
    • Support on 10/21/2020

DateOctober 25, 2020 - 15:58
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 6.26310, beginning of uptrend is expected.
  • We make sure when the resistance at 70.80565 breaks.
  • If the support at 6.26310 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 70.58000 on 09/12/2020, so more losses to support(s) 28.92815, 25.07240, 20.18000 and minimum to Major Support (6.26310) 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 30.

Take Profits:

  1. 44.97045
  2. 58.92510
  3. 70.80565
  4. 94.36750
  5. 116.18550
  6. 136.14010
  7. 158.95440
  8. 183.95850
  9. 238.88445
  10. 293.93645
  11. 471.63485
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo / BIT (EDOBIT) Sat, 25 Sep 2021
Eidoo / BIT (EDOBIT) Tue, 21 Sep 2021
Eidoo / BIT (EDOBIT) Mon, 13 Sep 2021
Eidoo / BIT (EDOBIT) Sat, 4 Sep 2021
Eidoo / BIT (EDOBIT) Sat, 28 Aug 2021