DLT
Strat/BTC Weekly descending wedge.Log chart. Breaking the top or the bottom will indicate long term trend change.
LONG - DLT - Trade Opportunity#DLT - Ascending triangle looking like it's going for the breakout.
ENTRY: 0.00001570
1st TP: @ 0.00001669
2nd TP: @ 0.00001738
3rd TP: @ 0.00001867
Stop loss: @ 0.00001468
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Small DLT bagOpened a small DLT position here. This has room to go down still which is why I am keeping position size small. Nice potential for bounce however in this zone.
DLT LONG- Entry : 1446
- Target : 3586 (+215.49%)
- Stop loss : 954 (-42.95%)
- Risk/reward ratio : 6.33
IOTA dead or will the Jaguar (Land Rover) roar back to life?IOTA eyes 2x gains with potentially more to follow.
Technicals
IOTA down 90% + in brutal bear market.
USD chart looks to be in deep accumulation range $0.2 - $0.4.
BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
Fundamentals
Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
Internet of Things (IOT) space set for huge growth.
IOTA had a lot of hype 2 years ago and rose to great heights in flurry speculation.
Since falling it seems to have found a base vs USD and is ranging in a ranging zone.
Expecting a bounce, if IOTA is able to blast through all major daily moving averages it should reach around 8000 sats / 52.5 cents for up to 100% gains.
If the crypto market remains bullish continuation would target 13000 sats / $1.
Possible plays:
1. Buy in the accumulation zone (aggressive)
2. Buy a daily close above $0.325 (200d EMA) (moderate)
3. Buy a breakout on decent volume of the accumulation zone at $0.40 (conservative)
$DLT trend line is holding...Entered long initially at .00001220 and added more at .00001430
It has a strong positive trend line support under a symmetrical triangle. The stoch RSI has reversed to the bull side.
Great project and low coin float, 85m.
I like this one, long term. I bought the ICO but sold immediately thereafter.
DLT LONG (LONG TERM)Bullish Butterfly Type 3 + Bearish Bat Type 2 + Bullish Bat/Bullish Crab Type 1
T3 4562
T2 3586
T1 3236
SL 825
DLT/BTC Short TermFirst of all be careful!
Long term, this coin has a bright potential gain even up to 300%, but do not fall into the trap!
Look at the resistance in the short past, and trade wisely.
DLT/BTC has already started the party!Even a lot of professionals believe that the main crypto party starts around August 2019, it seems DLT has already started the game.
However, this early jump might be just a way to bitcoin Laundary for those who gained some during last week or so.
Play safely if you are a day trader.
For the long term, it looks solid.
DLT thoughtsStrong close on the daily, broke through resistance at R1 and closed above it. If it keeps up the pace, I could see the 200MA/R2 horizontal resistance get tested, which could make for a good Take-profit for scalp traders.
DLT LONG (BULLISH GARTLEY)DLT Bullish Gartley Potential reversal Zone.
Targets (38.2% and 61.8% of D low to A high) and stop loss identified.
Good trade and good luck everyone,
Zakaidze Omar
Daily Bullish Signal $DLT #DLT #DLTBTC #BTC $BTC (1 May)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
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My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
Agrello S/R FlipOpening Long Position on this long-time Resistance I'm betting turns into Support.
My Published charts are for my visual reference as to how MY positions turn out.
So, Enter/Exit at your own will as I don't provide many updates.
DLT Good potential and a nice chart especially in lower time frames
Buy now
Targets
3300
4300
6200
8000
Stop loss 2000
Agrello - DLTBTC on the moveBased on the 3 day and the weekly DLT looks like a strong buy. On the 17th it is pulling back, theoretically providing a buy the dip opportunity.