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 Polkadot technical chart
Symbol DOTUSD
Trade Setup

#DOTUSD
Total Loss: 7461 point (396%)
Closed trade(s): 7461 point Loss

Trade Setup:
We opened 9 BUY trades @ 18.88 based on 'Valley' entry method at 2022-04-19.

Closed Loss:
SL @ 10.59 touched at 2022-05-09 with 7461 point Loss. (396%)
Loss for one BUY trade is 18.88(open price) - 10.59(close price) = 829 point (44%)
Therefore total loss for trades is 829 (44%) x 9 = 7461 point (396%)

#DOTUSD
Total Profit: 14430 point (1172%)
Closed trade(s): 14430 point Profit

Trade Setup:
We opened 10 BUY trades @ 12.32 based on 'Valley' entry method at 2021-07-21.

Closed Profit:
TP1 @ 14.68 touched at 2021-07-26 with 236 point Profit. (19%)
TP2 @ 17.11 touched at 2021-08-01 with 479 point Profit. (39%)
TP3 @ 19.55 touched at 2021-08-01 with 723 point Profit. (59%)
TP4 @ 21.59 touched at 2021-08-07 with 927 point Profit. (75%)
TP5 @ 27.07 touched at 2021-08-17 with 1475 point Profit. (120%)
TP6 @ 31.38 touched at 2021-08-31 with 1906 point Profit. (155%)
TP7 @ 34.44 touched at 2021-09-05 with 2212 point Profit. (180%)
TP8 @ 39.57 touched at 2021-10-13 with 2725 point Profit. (221%)
TP9 @ 49.79 touched at 2021-11-01 with 3747 point Profit. (304%)
1 other break-even trades closed at entry price, therefore no profit no loss.
236 (19%) + 479 (39%) + 723 (59%) + 927 (75%) + 1475 (120%) + 1906 (155%) + 2212 (180%) + 2725 (221%) + 3747 (304%) = 14430 point (1172%)

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 15, 2022 - 08:55
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 14.000 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 15.83 on 2022-01-24 and the trough at 14.05 on 2022-02-24, the probability of downtrend continuation is decreased and the probability of beginning the correction wave is increased.
  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 7.30 on 05/12/2022, so more gains maximum to Major Resistance (14.00) 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 37.

Symbol Released Current Forecast
Polkadot (DOTUSD) free Sun, 24 Mar 2024
Polkadot (DOTUSD) free Sun, 17 Mar 2024
Polkadot (DOTUSD) Sun, 17 Mar 2024
Polkadot (DOTUSD) free Sun, 10 Mar 2024
Polkadot (DOTUSD) Sun, 3 Mar 2024