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Weekly forecast IoTeX technical chart
Symbol IOTXUSD
Trade Setup

#IOTXUSDT
Total Profit: -12168 pip (-144%)
Closed trade(s): 0 pip Profit (0%)
Open trade(s): -12168 pip Profit (-144%)

Trade Setup:
We opened 6 BUY trade(s) @ 0.08533 based on 'Valley' entry method at 2021.08.27.

Open Profit:
Profit for one trade is 0.06505(current price) - 0.08533(open price) = -2028 pip (-24%)
6 trade(s) still open, therefore total profit for open trade(s) is -2028 (-24%) x 6 = -12168 pip (-144%)

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.

DateOctober 2, 2021 - 21:53
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.04900 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.048000 on 09/21/2021, so more gains to resistance(s) 0.070000, 0.075000, 0.085500 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 52.

Take Profits:

  1. 0.099000
  2. 0.117500
  3. 0.150000
  4. 0.170000
  5. 0.196500
Click on the level to view price action history.

Symbol Released Current Forecast
IoTeX (IOTXUSD) Sat, 23 Mar 2024
IoTeX (IOTXUSD) Sun, 10 Mar 2024
IoTeX (IOTXUSD) Sun, 3 Mar 2024
IoTeX (IOTXUSD) Sat, 24 Feb 2024
IoTeX (IOTXUSD) Sun, 18 Feb 2024