IOTA USDT Below the red line can be considered as the stop loss zone.
Above the green zone can be considered as entry level.
The depth of the head has not been exceeded yet
We can think of it as Double Head and Shoulders. We can also assume the appearance of a descending wedge that includes them all.
If the formation does not mislead us, you can set the TP targets for yourself. I preferred to put a close stop loss. Maybe it will give more buying opportunities. But you may want to set your own strategy. I just wanted to reveal the chart and patterns.
Note: This is not investment advice.
IOTA
IOTA breaking out at the last momentI'm surprised because when the breakout happens at the end of the triangle usually it goes down. However BB are stretching at daily (not shown) and the chart pattern is clearly bullish. VLPR shows in the last 15 days support price has been clearly below current price which is good.
At this point as soon as buy volume surges we'll see a proper pump.
MIOTA vs Bitcoin Chart Analysis (IOTABTC #6)MOITA (IOTABTC) is giving out an air of recovery but somehow I am not fully convinced.
We see prices moving above EMA10 and the recent MACD bullish cross but when we look closer, we have a lower low compared to the recent July and August support.
We also have a descending channel rather than a falling wedge.
It will surely recover, we are bullish long-term but there is room for additional correction, keep this in mind before you trade.
Bullish above 0.00002285 in the short-term.
Any trading below this level and we aim for the 0.786 Fib. retracement level support.
This is not financial advice.
All the information is shared for learning/entertainment purposes only.
Thank you for reading.
Namaste.
IOTA/USD: UPTREND| PRICE IS GROWING FAST....Welcome back Traders, Investors, and Community!
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🆓MIOTA (IOTA) Oct-22 #IOTA $IOTAIOTA has just successfully conquered the $1.3 zone and is moving to the $1.5 and $2 zones. If it loses the $1.3 zone then we will wait to buy back at the $1.15, $1.05 and $0.95 zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.3$ zone
🔴Buy : 1.3
🔴Sell : 1.5 - 2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.3$ zone
🔵Sell : 1.3
🔵Buy : 1.15 - 1.05 - 0.95
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
₿ IOTAUSDT 1D ₿ : 19.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 19.Oct.2021
⚠️(DYOR)
LTC, LONG termSometimes I'm shocked seeing sell ranges, but at the end of the day - it's just numbers... Imagine telling someone once Litecoin is at $3 that it will do over 100x within the next few months... You would be laughed at. Now look at the price from the beginning of 2017 - seeing possibility of c. $3k looks like a matter of time. To good to be true - let's see how this one plays out during this cycle.
IOTA - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IOTA is overall bullish so we will be looking for buy setups on lower timeframes.
on H4: IOTA is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IOTA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Interesting observation - IOTA BTC, not so bullishOnce you are over invested, it is impossible to clearly see market condition - period.
Financial investing is simply psychological endeavour - period.
We are within the same range (red resistance and green support) since July 2019 - period.
Earlier pump of similar price movement resulted in a massive volume spike. This week isn't over yet, I doubt however we will see volume candle doubling in size over the next c. 18 hours.
Possibly recent information in regards to significant number of unhedged shorts on iotausd market added fuel to this short term squeeze - I'm curious to see what next week will bring to our crypto table. For now, since #iota pinned the top BB boundary I'm out, comfortably observing this interesting situation. I believe we are due for another retracement.
Will IOTAUSDT Find Support Soon?Hi Friends,
Will IOTA vs TetherUS pair find support at the nearest support zone 0.9600 area or drop further to 0.6200 area before reversal?
drop your comments let me know what you thinks
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
BINANCE:IOTAUSDT
What if... LTCUSDSince current LTCBTC charts present best ever buying opportunity if it comes to LITECOIN vs BTC relation (0.0031) we shouldn't be surprised seeing new ATH on LTCUSD market if Bitcoin's price will continue to climb. Similarities rarely play significant role in price action - they do however make it a little bit easier to assume the next possible top area. According to this observation 6x UP from here shouldn't be surprising ( I wouldn't be however shocked seeing market going sideways or even down from here.
Going long at a retest of the current pink channel support isn't a bad idea, provided capital management and appropriate stop-loss is in place.
Don't assume the 10 years of LITECOIN anniversary have anything to do with my assumptions... it doesn't.
iota/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I have been getting a lot of questions on "time" and I can't predict the future so I can't give you a time... Ain't nobody here charting with a crystal ball. Here is an example of Elliot wave price predictions. The timing that I want is within the white wave, but I can't predict the future lol nor can I call the top or bottom. I am using the general rules of elliot wave theory to try and give you an accurate price prediction. The red wave being the fastest wave, blue wave being the middle, the white wave is my prediction and the purple wave is also possible, lagging behind my prediction. With that being said, the wave count on any of these is possible. The purpose of elliot waves is to give you a general idea of price action so you can time your entry and exits. Any of these wave counts can go a bit higher or lower as no one have a crystal ball and this is just a general idea of price action movement.