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 technical chart
Symbol IOTAUSD

Download MT4 template file

Trade Setup
#IOTAUSD
Total Profit: -21021 pip
Closed trade(s): 0 pip Profit
Open trade(s): -21021 pip Profit

Trade Setup:
We opened 11 BUY trade(s) @ 0.3334 based on 'Valley' entry method at 2020.02.11.

Open Profit:
Profit for one trade is 0.1423(current price) - 0.3334(open price) = -1911 pip
11 trade(s) still open, therefore total profit for open trade(s) is -1911 x 11 = -21021 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.

DateMarch 20, 2020 - 22:22
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.0755, resumption of uptrend is expected.
  • We make sure when the resistance at 0.3685 breaks.
  • If the support at 0.0755 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI resistance #1 at 50 is not broken, the probability of price increase would be too low.
  • A trough is formed in daily chart at 0.0755 on 03/13/2020, so more gains to resistance(s) 0.1485, 0.1855, 0.2195 and maximum to Major Resistance (0.3685) 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 38.

Take Profits:

  1. 0.3685
  2. 0.4075
  3. 0.4535
  4. 0.5535
  5. 0.6470
  6. 0.7920
  7. 0.9265
  8. 1.1550
  9. 1.7435
  10. 2.6930
Click on the level to view price action history.

Symbol Released Current Forecast
IOTA (IOTAUSD) free Mon, 2 Jan 2023
IOTA (IOTAUSD) Sun, 25 Dec 2022
IOTA (IOTAUSD) Mon, 5 Dec 2022
IOTA (IOTAUSD) Sun, 27 Nov 2022
IOTA (IOTAUSD) Mon, 21 Nov 2022