IOT/USD: Upward breakout possible (3W).Upward breakout possible on pattern 3W. Bitcoin is also forming pattern 3W up.
In general, altcoins are growing more actively than bitcoin:
What is a signal in favor of price growth.
IOTA
IOTA Double Bottom BounceyIOTA is sitting above 1.618 of its current forming uptrend
And has formed a double bottom
This is also the 0.5 Fib of the larger overall downtrend
Momentum upward should continue within the conditions of a bull market
IOTAIota is out of bearish trendline.
You can take two scenarios:
1) Entry now and trade withou SL
2)Wait for break 0,9 USD and take retest, SL put below 0,6USD
IOTAUSD Analysis - Adam and EveAn Adam and Eve formation has allowed the transition through 1.618 into the next fib ring
Now a rounded Top is forming which I love to see, as they tend to break out to the upside frequently
The only question is will this breakout be localized within the same Fib ring or push out into 4.618? Time will tell
A few other patterns have been included also
My personal bias on IOTA is neutral
#IOTA $IOTA #MIOTA - The Market CycleI'm now looking for the 4th wave to complete on HTF support, which will then lead us into a very violent and explosive 5th wave. Look at Oct 2017 > December 2017 as an example.
The times/dates of price forecast are only for illustration purposes.
I believe this will be the 'minimum' target to chase within this Bull Market Cycle.
I'm long. Average re-entry of 0.65c.
IOTA/USDT Binance (Trends/Levels)Huge head and shoulders? Do we test sub .70 - .50 ? DYOR. Not Financial Advice.
Is this an opportunity of a lifetime ? IOTAUSD, IOTABTCJust having fun here - I love being optimistic when there's blood on the streets.
Let's watch this one over long term.
GLT !
IOTAUSD / IOTA BTC - LONGTarget - red resistance. This one - if broken WITH CONFIRMATIONa, long to top of the formation.
IOTAUSD - short to double bottom4H broken, waiting for confirmation.
Once confirmed - short to double bottom.
IOTA - Two Year Accumulation; SOS and LPSAssuming the massive support BINANCE:IOTABTC 2200-2400 sat holds
IOTA - bullish wedge IOTA has formed a bullish wedge which could lead to a strong upside move. The trend has been dominating the price action since the beginning of June. Once we break with volume, we can target 1.4 or an extension to 1.6 USD.
IOTA/USDT Binance (2hrs) Breaking levels. Following Bitcoin's Downtrend. Looking to add on IOTA , a top Crypto Project. Long term the best project in my eyes. DYOR. Comment. Not financial advice
IOTAIOTA found some support at 0.618 fib level but it should break descending resistance line. It will most likely retest the trendline that it broke. I think when Bitcoin rises it will follow.
IOTA/BTC 1w - The most bullish Ichimoku I've ever seenThere's not much to talk about, this is the most bullish Ichimoku I've ever seen in my life. I'm leaning towards IOTA because I like the project a lot, but from a TA point of view I think it's just buy and hold until it reaches higher resistances (about 8000 sats, 15000 sats and 30000 sats depending how the market goes).
IOTA/BTC - recovering quicklyIota is doing well in comparison to Bitcoin and has been leading BTC pair chart with a few others Alts such as Ada. The Iota 2.0 dev net is now officially running with all key components for a decentralised network. We might see more exchanges offering Iota and potential partnerships being announced due to the Chrysalis release which could lead to more positive market sentiment.
Bitcoin is going sideways with low volume. Once we see a move to the down or upside with high volume, we will see if Iota is able to increase in price. I expect alts to drop once again harder if we see Bitcoin falling through 30k. However, on the long-term Iota is performing well & YTD growth is better than most other Alts.
💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
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💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
