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EGLDBTC technical analysis

Analysis for:

Technical Summary:

Neutral
STOCH
Neutral
RSI
Buy
ADS
Neutral

What is it EGLDBTC and how it trade

In the rapidly evolving world of cryptocurrency, accurate and timely forecasting is key to successful trading. The EGLD/BTC pair, a popular trading option, offers unique opportunities and challenges for traders looking to maximize their returns. Utilizing advanced trading strategies like the EASY Quantum AI can significantly enhance prediction accuracy, especially over a weekly charting period. This approach combines the power of artificial intelligence with quantum computing techniques to analyze market trends and predict future movements more effectively.

Understanding Weekly Forecasts for EGLD/BTC

Forecasting the price of EGLD/BTC on a weekly basis requires a deep understanding of both market dynamics and the technologies underlying each currency. The EASY Quantum AI trading strategy employs a sophisticated algorithm that sifts through vast amounts of data to detect patterns that are not easily visible. This method is particularly effective for the weekly time frame where short-term fluctuations need to be balanced with longer-term trends, making it a preferred choice for traders who operate on a similar scale.

Advantages of Using AI Trading Bots

AI trading bots are revolutionizing how traders interact with the market. By using pre-built bots available in our marketplace, such as EASY Scalperology for quick trades, EASY Trendopedia for trend following, and EASY Breakopedia for breakout strategies, traders can automate much of the routine decision-making process. These bots are designed to execute trades based on predefined criteria, reducing the emotional stress of trading and helping to maintain a more disciplined approach.

Join Our Telegram for Daily Updates

To stay ahead in the fast-paced world of cryptocurrency trading, staying updated with the latest forecasts is crucial. We invite you to subscribe to our Telegram bot to receive free daily updates on the EGLD/BTC pair and other trading instruments of interest. This service ensures you never miss out on valuable insights that could influence your trading decisions.

Risk Awareness and Independent Decision Making

While our forecasting system employs advanced technologies to provide enhanced accuracy, it is crucial for traders to understand that the crypto market is inherently volatile and unpredictable. All trading decisions made using our forecasts are the sole responsibility of the investor. Our system does not guarantee profit, and traders should be aware of the risks involved in trading cryptocurrencies.

By combining the use of our advanced EASY Quantum AI strategy with the practical tools provided by our AI trading bots, traders can approach the market with a robust toolkit. However, the importance of personal judgment and risk management cannot be overstated in the pursuit of trading success.

EGLDBTC forecast for week, 10 - 17 Jun 2024

It is important to note that the feasibility of each scenario has its own probability, which depends on many factors, including economic, political, social and other circumstances. A variety of possible scenarios helps traders to make informed trading decisions and manage risks in investment activities.

Discover the future of trading with our exclusive EGLD/BTC weekly forecast, powered by our cutting-edge EASY Quantum AI trading strategy. Stay ahead in the crypto market with precise, AI-driven insights and optimize your trading decisions. Dive into a week of informed trading with us today!

Forecast for:

The first scenario
BUY

Probability

33.33%

Discover the future of EGLD/BTC trading with our exclusive weekly forecast powered by the EASY Quantum AI strategy. Make informed decisions and stay ahead in the market. Invest wisely!

The second scenario
SELL

Probability

0%

Discover the latest EGLD/BTC trading insights with our EASY Quantum AI strategy. This week's forecast suggests a strategic sell. Optimize your crypto trading decisions for better outcomes.

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EGLDBTC Trading Signal

Number of signals:

Profit signal

Numbers

196

Profit

+8.58%

Here are the EASY Quantum AI forecasts that made a profit. Each entry includes entry and exit prices, trade direction (buy/sell) and the profit generated by the trade. These were successful trade results that contributed positively to the investment portfolio.

Loss Signal

Numbers

196

Profit

8.58%

The loss forecast shows instances where our trading ai forecasts missed the target, which sometimes resulted in losses. Each entry contains important information such as entry and exit prices, trade direction, and subsequent loss. These cases provide valuable lessons for understanding market dynamics and improving future trading performance.

10 Jun 2024

Enter Price: 0.0005

Take Profit: 0.0006

Close price: 0.0006

Profit

+9.2%
BUY
10 Jun 2024

Enter Price: 0.0005

Take Profit: 0.0006

Close price: 0.0006

Profit

9.2%
BUY
03 Jun 2024

Enter Price: 0.0006

Take Profit: 0.0005

Close price: 0.0005

Profit

+0%
SELL
03 Jun 2024

Enter Price: 0.0006

Take Profit: 0.0005

Close price: 0.0005

Profit

0%
SELL
27 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0006

Profit

+5.1%
BUY
27 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0006

Profit

5.1%
BUY
20 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0006

Profit

+0%
SELL
20 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0006

Profit

0%
SELL
13 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0007

Profit

+-5.72%
SELL
13 May 2024

Enter Price: 0.0006

Take Profit: 0.0006

Close price: 0.0007

Profit

-5.72%
SELL
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