IOTAUSD a small step forwardThe Marketmiracle advisor generated an input signal for IOTAUSD at a price of 2.00 USD with a target of 2.12 USD for a possible profit of 6.05
The graphical situation is compatible so I actually expect this price increase, which in my opinion is underestimated, I think that IOTA will continue to grow beyond the target.
This idea is generated on the basis of a signal of Marketmiracle, scroll the page down for the link to the signals in real time of the free advisor.
IOTA
IOTA - The sleeping giantIOTA has a very healthy performance compared to other cryptocurrencies. Although the exponential growth is still missing here, the coin is developing slowly and steadily upwards. IOTA has a stable trend channel that withstands even major corrections in the crypto market.
Apart from the technical analysis, the IOTA project has a promising fundamental basis due to the many partnerships with large companies.
Of all the cryptocurrencies, IOTA is one of my favourite coins. Definitely long!
IOTAUSDT UPDATE!!!!Hi Traders,
IOTA is also looking good, tested the bottom of the formation and also looks like it was the last of the liquidity gathered on that last move down. Its already tested the top zone once but it could come back into it for prices to then break up through the formation.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
Last chance to board #IOTA $IOTA #MIOTA$IOTA #IOTA #MIOTA - Is at the last point of supply, before the inevitable happens, and new millionaires are made.
This is Wyckoff Theory. It's how large money moves a market to their will.
Don't fight large money, just ride their waves.
The next major wave from here is vertically up.
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.
Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume.
SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action.
LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term.
BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
IOTA - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
I found IOTA chart interesting! ( H4 timeframe )
IOTA is overall bullish trading above the lower blue trendline.
However, now it is stuck inside a range in the shape of a symmetrical triangle. And every new candle is making the range even narrower.
Well as per the textbook, a symmetrical triangle is a bilateral pattern, which means it can be broken on either side.
I am looking to add IOTA to my portfolio, but before we buy, we want the buyers to prove that they are taking over.
As per my trading plan, I will be waiting for a new swing to form around the upper blue trendline, (projection in purple) to consider it valid then enter on its break upward. (gray zone)
And of course, as price approaches the lower blue trendline and green zone, we will also be looking for buy setups on lower timeframes. (short-term)
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IOTA: You already know the rest of the storyIOTA has been accumulating for a while. We're approaching to the end of the symmetric triangle, which tells that price will follow previous movement again.
Its better to confirm triangle breakout and then open long position, target price is around 0.000052.
IOTAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we cross the resistance line, we will enter into a deal for the above purposes
But if green support is lost, which is unlikely, we can predict a decline
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!