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 IoTeX technical chart
Symbol IOTXUSD
Trade Setup

#IOTXUSD
Total Loss: 18930 point (200%)
Closed trade(s): 18930 point Loss

Trade Setup:
We opened 5 BUY trades @ 0.09501 based on 'Valley' entry method at 2022-03-22.

Closed Loss:
SL @ 0.05715 touched at 2022-04-30 with 18930 point Loss. (200%)
Loss for one BUY trade is 0.09501(open price) - 0.05715(close price) = 3786 point (40%)
Therefore total loss for trades is 3786 (40%) x 5 = 18930 point (200%)

Trading suggestion:

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

DateMay 25, 2022 - 08:15
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.06265 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A trough is formed in daily chart at 0.02140 on 05/12/2022, so more gains to resistance(s) 0.04900 and maximum to Major Resistance (0.06265) 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 45.

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