ETHUSD , weekly update: Total profit 815908 in 2 days.!!

ETHEREUM/DOLLAR
Total Profit: 815908 pip
Closed trade(s): 55057 pip Profit
Open trade(s): 760851 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018.(we use SimpleFX.com standard charts as reference.)
ETHUSD , Ethereum would probably resume its uptrend again.

Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.

Open Profit:
Profit for one trade is 504.782(current price) - 420.243(open price) = 84539 pip
9 trade(s) still open, therefore total profit for open trade(s) is 84539 x 9 = 760851 pip

Take Profits:
TP2= @ 553.100
TP3= @ 630.500
TP4= @ 729.300
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free

Midterm forecast:

While the price is above the support 272.650, resumption of uptrend is expected.
We make sure when the resistance at 630.500 breaks.
If the support at 272.650 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 56.
Chart PatternsdollarETHethdollarEthereum (Cryptocurrency)ethereumdollarethereumusdETHUSDTechnical IndicatorspriceactionTrend AnalysisUSD

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