IOTA/USDTIOTA is bit bearish for now, it may re test previous month POC as a support . it has high probabilities of a solid bounce.
it could be one of the best pick.
IOTA
MIOTA Perp. MIOTA Perp. forming a bearish butterfly. let`s see if we are going down once more, or if we can see higher highs without going any deeper.
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
IOTA Short SetupIOTA has formed Head & Shoulder Patern on 4 Hours Chart . It could go as per my prediction after crossing the neckline.
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.
IOTAUSD Wyckoff Accumulation Schematic $IOTAWyckoff accumulation schematic of IOTAUSD
Elliott wave projection
Bullish case
NFA, DYOR
IOTA LOOKING BULLISH! READY TO BROKE OUT AND FLY?IOTA has a strong resistance on daily timeframe from APRIL and a new resistance formed from SEP, however, smaller tfs on IOTA are turning bullish, looks like IOTA is getting ready to breakout of this month old resistance. The recent crash helped IOTA forming up the right shoulder.
- Inv H&S on 4hr timeframe.
- 200 EMA support is there just below the price candles on 4hr and daily tf, so less risky.
- Falling wedge on 4hr.
- Support is becoming stronger and resistance is getting weaker.
IOTA MASSIVE 1-MONTH BULL FLAG AND INVERSE H&S! GAINS COMING!Since the last run-up of IOTA in the starting of September it found a strong resistance and has been forming a massive bull flag pattern.
A bullish flag is a trend continuation pattern. Also, we have seen BTC breaking all the resistance and it's only 16% away from the previous all-time-high, if bulls manages to break the remaining resistance at $57k for Bitcoin alt-coins will go parabolic.
I am expecting IOTA to breakout of this massive bullish penant soon maybe in the next few days or hours, this is a great time to start buying IOTA at $1.29 - $1.1 area and keep accumulating it before a strong bullish move happens towards the resistance areas and my take profits at $1.47 - $1.74.
Iota Chart Analysis #iOTA USDT 1D Chart SIGNAL
⚠️ Risky Call. Because Of BTC Sentiment. Invest Small Ammount ⚠️
✅ Entry Here At Current Price 30%.
✅ Entry 2 Near At $1.35 With Another 80%
❌ Stop-Loss 1D Candle Closing Below $1.18
💡İOTABTC ANALYSIS💡Hello Friends
graph four-hour te viewed our bats Formation Boge ( Bullish Bat ) formation present
Volume momentum is coming from Processing Input too risky .risk manage my money is very important in this key process.
There are technical levels on the chart.
Tp1:0.00003200
Tp2:0.00003709
Tp3:0.00004185 trade
entry level :0.00002584 At the close of the 4-hour candle,
stoplos:0.00002014 I keep the level away from my own money management
. You can pull it close . IT IS NOT INVESTMENT ADVICE.
If you are using the analysis, do not forget to like and follow,
if there is something wrong with the formation, you can warn
Educational purposes
bat Formation Boge ( Bullish Bat )
Rules:
X / EU = 0.382 and 0.50 in
the EU / CD = 0.382 and between 0.886
BC / CD = 1,618 with between 2,618
XA / CD = 0.886
IOT/USD approaches potential resistance at 1.44
If you missed the original run from 1.20 and the break out at 1.33, then there might be an opportunity to get in if the price pulls back to current support estimates at 1.38, 1.33, and 1.27.
The current trend looks very strong to the upside; however, we all know there is always a pullback in an uptrend, which could be an opportunity to get in.
IOTA BREAKOUT - POINTS TO WATCH ATIOTA daily chart
Points you should watch at IOTA daily chart. IOTA is currently trying to breakout and i will long if it breaks 1.40 level.
Also an long on retest of 1.40 - 1.32 is very good if we get that retest!
Updates follow.
iota foe breakouts targets for iota are clearly showing if btc could breaks out above 60K iota will perform heavily
Iota Bullish Signals
IOTA looks really good right now. Think this is the setup for it's run to $3.
Daily Cup and Handle
Broken out of handle falling wedge
Retest on Weekly OB and 0.38 fib level of last major move
Targets are;
T1 = $1.7
T2 = $2
T3 = $3
LTCUSD - CUP and handle of impossible proportions.While running analysis on LTCBTC market I spotted serious opportunity for a decent LONG expecting BTC profits. After realizing what long term chart draws for us, decided to go in, since what I see is a cup and handle of enormous proportions. Time will tell - have a look at LTCBTC pair linked below...
Why not buy IOTA for 100 % profitAs we see here the correction is at its end, if BTC lets, it will see 2.5 $ in next days. Buy for long by leverage 2 or 3 is full safe.
🆓MIOTA (IOTA) Oct-5 #IOTA $IOTAIOTA is testing the 1.15$ zone and if it doesn't lose this zone it will bounce back to 1.3$ zone to conquer this zone before moving up to 1.5$ and 1.8$ zones in this October. But if it loses this 1.15$ zone, it will come back to 1$ zone or even lower
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.15$ zone
🔴Buy : 1.15
🔴Sell : 1.3 - 1.5 - 1.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.15$ zone
🔵Sell : 1.15
🔵Buy : 1
❓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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
IOTA +60% RUN, OR DO WE GO FURTHER DOWN?Hello Cryptnonauts
Let's take a look at IOTA! Recently we just saw IOTA Facing a new resistance Level between around 1.3275 and 1.3475. After a quick bounce away from that resistance, we are now looking forward to rechallenging this level.
So, therefore, you might ask if you should go and buy a potential breakout or maybe short at the resistance? These are good questions, and I try to give you a few possible setups that might appear.
Let's Take a look at the Bigger Picture first!
On the 1 Hour chart, we see that we are in a significant trend facing the bottom side. So generally speaking, a movement further down might be more likely at this point. But a trend can break every time, so we are also looking at the potential longs.
So let's go and cover a few potential scenarios.
Scenario 1 (Short) down to the support level
1Hour Chart
5Min Chart
At our Short scenario, we might move now a little bit more up until we either hit the resistance level or the red Trendline and push back from there down to our support level around 1.0400
So for potential entries, we would look at movements that are moving back to the downside from those levels.
Scenario 2 (Short) down into a Sideways Market and a potential Trendline break
In our second Short scenario, we are looking for a potential ending in a sideways market until we break the trend line for a bullish movement.
We are looking at the same Setup as in our first Short scenario but with another target.
Same Chart Setup for the Short position
Facing the new build support?
In this scenario, we are now looking at the new build support from the price bounce around 1.2000.
That level might end up in new support since 1.2000 also is a pretty easy number to trade, and it might stick in traders' heads for potential long positions. That's why we might end up in a sideways market, which has a great potential to break the overall downtrend and end up in a bullish market.
Scenario 3 (Long) Trend and Resistance level Breakout
Once Again, we are looking basically at the same chart, but with two potential breakouts this time. We can either directly break entirely through the resistance and trend levels or, what I believe would be more likely, break through the first Trendline, turn the resistance into a support for a price correction and then continue to breakthrough.
direct breakthrough
Trend Breakthrough with a minor price correction to the past resistance that then acts as support before we entirely turn into a bullish trend.
Those are the potential setups and movements I am looking into to make some trades. I hope I could give you some insights into my thoughts.
Happy Trading
The opportunity in IOTAThe opportunity in IOTA
The entry point is 1.19 -1.2$
First target 1.37$
second target 1.52$
third target 1.7$
