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 IOTA / BIT technical chart
Symbol IOTABIT

Download MT4 template file

Trade Setup
#IOTABIT
Total Profit: 1829908 pip
Closed trade(s): 467404 pip Profit
Open trade(s): 1362504 pip Profit

Trade Setup:
We opened 12 BUY trade(s) @ 21.82596 based on 'Valley' entry method at 2020.03.27.

Closed Profit:
TP1 @ 26.50000 touched at 2020.06.04 with 467404 pip Profit.

Open Profit:
Profit for one trade is 23.06460(current price) - 21.82596(open price) = 123864 pip
11 trade(s) still open, therefore total profit for open trade(s) is 123864 x 11 = 1362504 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateJune 15, 2020 - 17:21
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 18.20995, beginning of uptrend is expected.
  • We make sure when the resistance at 26.50000 breaks.
  • If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 26.60921 on 06/04/2020, so more losses to support(s) 21.71610, 20.90000 and minimum to Major Support (18.20995) 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 47.

Take Profits:

  1. 26.50000
  2. 30.84715
  3. 34.50000
  4. 39.11580
  5. 59.60000
  6. 82.80000
  7. 114.00000
  8. 184.93950
  9. 235.50000
  10. 285.90000
  11. 450.20000
Click on the level to view price action history.
Symbol Released Current Forecast
IOTA / BIT (IOTABIT) Sun, 20 Mar 2022
IOTA / BIT (IOTABIT) Tue, 15 Mar 2022
IOTA / BIT (IOTABIT) Mon, 7 Mar 2022
IOTA / BIT (IOTABIT) Sun, 27 Feb 2022
IOTA / BIT (IOTABIT) Sun, 27 Feb 2022
History
Daily-Trading-Opportunities on IOTABIT.