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Btcdollar

A Bullish Engulfing Pattern is formed in Bitcoin daily chartMidterm Forecast: . While the price is above the support 6000.00, resumption of uptrend is expected. . We make sure when the resistance at 9774.80 breaks. . If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: .While the RSI support #1 at 30 is not broken, the probability of price decrease would be too low. . The RSI downtrend #2 is broken, so the probability of a resumption of uptrend is increased. . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. . Relative strength index (RSI) is 41. . A "Bullish Engulfing Pattern" is formed in the daily chart at 7469.45 on 05/29/2018, so the probability of beginning of uptrend is increased. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (6974.35 to 6000.00). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (6974.35) Ending of entry zone (6000.00) Take Profits: TP1= @ 7556.25 TP2= @ 8180.60 TP3= @ 9051.90 TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12750.00 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Total Profit: 1181981 pip Closed trade(s): 770015 pip Profit Open trade(s): 411966 pip Profit Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit. 84040 + 146475 + 233605 + 305895 = 770015 pip Open Profit: Profit for one trade is 7402.46(current price) - 6715.85(open price) = 68661 pip 6 trade(s) still open, therefore total profit for open trade(s) is 68661 x 6 = 411966 pip
BITSTAMP:BTCUSDLong
by ForecastCity
1
A Bullish Engulfing Pattern is formed in Bitcoin daily chartMidterm Forecast: . While the price is above the support 6000.00, resumption of uptrend is expected. . We make sure when the resistance at 9774.80 breaks. . If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: .While the RSI support #1 at 30 is not broken, the probability of price decrease would be too low. . The RSI downtrend #2 is broken, so the probability of a resumption of uptrend is increased. . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. . Relative strength index (RSI) is 41. . A "Bullish Engulfing Pattern" is formed in the daily chart at 7469.45 on 05/29/2018, so the probability of beginning of uptrend is increased. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (6974.35 to 6000.00). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (6974.35) Ending of entry zone (6000.00) Take Profits: TP1= @ 7556.25 TP2= @ 8180.60 TP3= @ 9051.90 TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12750.00 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Total Profit: 1181981 pip Closed trade(s): 770015 pip Profit Open trade(s): 411966 pip Profit Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit. 84040 + 146475 + 233605 + 305895 = 770015 pip Open Profit: Profit for one trade is 7402.46(current price) - 6715.85(open price) = 68661 pip 6 trade(s) still open, therefore total profit for open trade(s) is 68661 x 6 = 411966 pip
BITSTAMP:BTCUSDLong
by ForecastCity
7
Weekly analysis: would Bullish wave continue?Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 34. Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Total Profit: 1144505 pip Closed trade(s): 770015 pip Profit Open trade(s): 374490 pip Profit Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit. 84040 + 146475 + 233605 + 305895 = 770015 pip Open Profit: Profit for one trade is 7340.00(current price) - 6715.85(open price) = 62415 pip 6 trade(s) still open, therefore total profit for open trade(s) is 62415 x 6 = 374490 pip Take Profits: TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free
BITSTAMP:BTCUSDLong
by ForecastCity
Weekly analysis: would Bullish wave continue?Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 34. Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Total Profit: 1144505 pip Closed trade(s): 770015 pip Profit Open trade(s): 374490 pip Profit Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit. 84040 + 146475 + 233605 + 305895 = 770015 pip Open Profit: Profit for one trade is 7340.00(current price) - 6715.85(open price) = 62415 pip 6 trade(s) still open, therefore total profit for open trade(s) is 62415 x 6 = 374490 pip Take Profits: TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free
BITSTAMP:BTCUSDLong
by ForecastCity
5
A New Trading Opportunity!! TP3 hit with 1884035 profit .....!BITCOIN/DOLLAR Midterm forecast: There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets. While the price is above the support 8180.60, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 8180.60 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 8180.60 is broken. 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 67. Total Profit: 1884035 pip Closed trade(s): 464120 pip Profit Open trade(s): 1419915 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. 84040 + 146475 + 233605 = 464120 pip Open Profit: Profit for one trade is 8744.30(current price) - 6715.85(open price) = 202845 pip 7 trade(s) still open, therefore total profit for open trade(s) is 202845 x 7 = 1419915 pip Take Profits: TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free
BITSTAMP:BTCUSDLong
by ForecastCity
A New Trading Opportunity!! TP3 hit with 1884035 profit .....!BITCOIN/DOLLAR Midterm forecast: There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets. While the price is above the support 8180.60, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 8180.60 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 8180.60 is broken. 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 67. Total Profit: 1884035 pip Closed trade(s): 464120 pip Profit Open trade(s): 1419915 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit. TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit. 84040 + 146475 + 233605 = 464120 pip Open Profit: Profit for one trade is 8744.30(current price) - 6715.85(open price) = 202845 pip 7 trade(s) still open, therefore total profit for open trade(s) is 202845 x 7 = 1419915 pip Take Profits: TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free
BITSTAMP:BTCUSDLong
by ForecastCity
6
BTCUSD , TP3 hit with 1940139 profit. NEW Buy Opportunity...BITCOIN/DOLLAR New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07. Total Profit: 1940139 pip Closed trade(s): 678585 pip Profit Open trade(s): 1261554 pip Profit Closed Profit: TP1 @ 6299.85 touched at 04.12.2018 with 78585 pip Profit. TP2 @ 7297.45 touched at 04.20.2018 with 178345 pip Profit. TP3 @ 9730.55 touched at 04.24.2018 with 421655 pip Profit. 78585 + 178345 + 421655 = 678585 pip Open Profit: Profit for one trade is 7616.59(current price) - 5514.00(open price) = 210259 pip 6 trade(s) still open, therefore total profit for open trade(s) is 210259 x 6 = 1261554 pip Take Profits: TP4= @ 9236.95 TP5= @ 10740.80 TP6= @ 12166.75 TP7= @ 14229.35 TP8= @ 16780.00 TP9= Free Midterm forecast: While the level 6299.85 is not broken, the Midterm wave will be uptrend. Price may also reach 6299.85, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 6299.85 is broken. 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 64.
Long
by ForecastCity
6
BTCUSD , weekly update: Total profit 1356035 in 13 daysBitcoin/Dollar Total Profit: 1356035 pip Closed trade(s): 230515 pip Profit Open trade(s): 1125520 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 04.01.2018 . Closed Profit: TP1 @ 7556.25 touched at 04.12.2018 with 84040 pip Profit. TP2 @ 8180.60 touched at 04.12.2018 with 146475 pip Profit. 84040 + 146475 = 230515 Open Profit: Profit for one trade is 8122.75(current price) - 6715.85(open price) = 140690 pip 8 trade(s) still open, therefore total profit for open trade(s) is 140690 x 8= 1125520 pip Take Profits: TP3= @ 9051.90 TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 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.
BITSTAMP:BTCUSDLong
by ForecastCity
6
BTCUSD , weekly update: Total profit 1160611 in 11 daysTotal Profit: 1160611 pip Closed trade(s): 84040 pip Profit Open trade(s): 1076571 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. Open Profit: Profit for one trade is 7912.04(current price) - 6715.85(open price) = 119619 pip 9 trade(s) still open, therefore total profit for open trade(s) is 119619 x 9 = 1076571 pip Take Profits: TP2= @ 8180.60 TP3= @ 9051.90 TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 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 54.
BITSTAMP:BTCUSDLong
by ForecastCity
1
BTCUSD , Bitcoin would probably resume its uptrend again.BITCOIN/DOLLAR Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid . We will close our open trades, if the Midterm level 6000.00 is broken. Trading suggestion: Price is in the Buy Zone (6930 to 6000), we would set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6930) Ending of entry zone (6000) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 34. Take Profits: TP1= @ 7556.25 TP2= @ 8180.60 TP3= @ 9051.90 TP4= @ 9774.80 TP5= @ 11600.00 TP6= @ 12670.65 TP7= @ 15308.00 TP8= @ 17095.65 TP9= @ 19704.20 TP10= Free
BITSTAMP:BTCUSDLong
by ForecastCity
17
Bitcoin , Be ready to new opportunity to buy in BTCUSD !! Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 6000.00 is broken. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (7450.20 to 6000.00), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (7450.20) Ending of entry zone (6000.00) Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 38. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 8280.85 TP2= @ 9051.90 TP3= @ 9774.80 TP4= @ 11600.00 TP5= @ 12670.65 TP6= @ 15308.00 TP7= @ 17095.65 TP9= @ 19704.20
BITSTAMP:BTCUSDLong
by ForecastCity
14
H&S forming? a Possible retracement in short term.We can se the false Breakout of the previously mentioned 61.80% fib level at 8167$ that now is again a resistance level. RSI is in a possible reversal zone, and the price could be forming a Head & Shoulders pattern. Multiple 4h close under 8167$ could lead to a retracement. The target of the short term bearish retracement could be 7607$ that is 50% fib levele of the last bullish movement, a price resistence zone and where MA50 (4h) is
BITFINEX:BTCUSD
by tomm.giannessi23