pretiming: BTC. 10-Week Bitcoin price (BTC-USD) forecast by pretiming.

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BTC. 10-Week Bitcoin price (BTC-USD) forecast by pretiming.

Nov 21, 2021

10-Week Bitcoin price (BTC-USD) forecast by pretiming.

Closed price

54,049.00

-9.52%

 

 

Appropriate Investment Position

=> Sell

 

 

 

This week's Buy-Sell strength analysis

The current trend is an Adjustment trend. The OPEN-price began with a weaker upward rate than the current trend and the Buy-Sell strength is that the sell is stronger than the buy.

Assuming that the average sell strength is -100%,

This week's sell strength is

-223%

 

 

The HIGH and LOW prices are weak HIGH-price &, appropriate LOW-price to the current trend and then, the CLOSE-price ended with a stronger decline rate than the current trend.

Market timing forecast by pretiming

The Buy-Sell strength is suitable for the current trend and it's in the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations in a rising section.

A suitable investment position is 'Sell(Bearish)' for now. approximately appropriate selling timing is expected to be in 2 weeks.

 

 

 

 

 

 

 

An appropriate buying timing is uncertain for now.

 

 

 

 

 

 

 

 

(The forecast might be changed by changes in the Buy-Sell strength)

Forecast of Trend Strength % for the next 10 weeks

% Upward direction:

16%

(Max 100%)

% Downward direction:

-27%

(Min -100%)

Forecast of Upper~Lower price range band for the next 10 weeks

Price:

47,359.80

~

55,872.48

% Change:

-12.38%

~

3.37%

Stock price trend turning timing forecast

=> Approximately In 4 weeks, In 7 weeks

Risk & Profit % range band forecast

In 1 week:

-32%

 

 

In 2 weeks:

97%

 

 

In 3 weeks:

-14%

 

 

In 4 weeks:

-13%

 

 

In 5 weeks:

-92%

 

 

Trend and HIGH ~ LOW % range band forecast

In 1 week: Adjustment Trend

2.88%

-8.08%

In 2 weeks: Entering Rebounding Trend

6.99%

-3.01%

In 3 weeks: Entering Rebounding Trend

3.14%

-5.93%

In 4 weeks: Entering Rebounding Trend

4.89%

-4.48%

In 5 weeks: Rebounding Trend

1.80%

-6.46%

CLOSE average in case of rising :

9.80%

 

=> HIGH ~ LOW range band:

12.35%

~

-3.86%

Expected weekly rate of return in case of rising:

9.11%

 

CLOSE average in case of falling :

-4.37%

 

=> HIGH ~ LOW range band:

5.29%

~

-9.58%

Expected weekly rate of loss in case of falling:

-6.61%

 

Gap of expected rate of return & loss:

2.50%

 

Forecast Variability

The forecast is a condition of low variability. because they maintain the proper flow of the Buy-Sell strength in the current trend.