IOTA
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.271 (stop at 1.224)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.260, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.405 and 1.521
Resistance: 1.260 / 1.300 / 1.400
Support: 1.200 / 1.170 / 1.130
Blueprint BTC/USDThe bottom was December 15, 2018. Just look at the charts. We are in a bull market. BTC market-cap will continue to grow until 1.5 trillion, but dominance will settle down to only 40% - 46%. Any large cap alt coin (XRP, ETH, LTC, IOTA, etc...) stands a chance to temporarily dethrone the Bitcoin, as market-cap will trend towards more even distribution. The flippening, that would be interesting!
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IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.251 (stop at 1.199)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.240, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Our profit targets will be 1.396 and 1.521
Resistance: 1.240 / 1.300 / 1.400
Support: 1.150 / 1.100 / 1.020
IOTA Buy the dip.IOTAUSDT - Intraday - We look to Buy at 0.993 (stop at 0.923)
Daily signals are bullish.
Trading close to the psychological 1.000 level.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 0.939.
Our profit targets will be 1.193 and 1.273
Resistance: 1.120 / 1.200 / 1.280
Support: 1.000 / 0.950 / 0.900
IOTA/USDT Potential Downward Movement 🔨🔨🔨Technical Analysis :
On the 1-hr time frame the price found liquidity around the 1.3000 level where the sellers jumped in and smashed the buyers and pushed the price downward. Now, we have wedge formation where the price broke out of the pattern to the downside, and it might cause a further move to the downside toward the 0.9872 mark.
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Trade Idea:
Sell Stop Order @ 1.1650
Take Profit @ 0.9872
Stop Loss @ 1.2541
Trade Safely 🙂
IOTA Might Be Smashed by the Sellers 🔨 🔨 🔨 💡 Trade Idea
📈 IOTAUSDT | Sell Stop Order @ 1.1650
🎯 Target Profit 0.9872
🛑 Stop Loss 1.2541
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a wedge formation where the pair found liquidity around the 1.3000 mark. A breakout of this pattern is seen to the downside where we expect further movement to the 0.9872 level.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
IOTA / USDT UpdateUpdate my idea
I think that all the elements are there to allow the action to reach point 1.70
and this to know when it should happen
On the other hand it is important to pay attention to the correlation that can exist between the pairs IOTA / USDT & BTC / USDT
“In general, assets with a correlation greater than 0.5 are considered to have strong positive associations. Likewise, a correlation close to zero indicates a lack of linear relationship between two variables. "
correlation between IOTA / USDT & BTC / USDT estimated at 0.88
( information source : cryotoactu 2020/01 )
This idea is my opinion, and is only my opinion ... make your own opinion
💡 It's a great buy opportunity in IOTA/BTC @iota @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTABTC is in an uptrend and the continuation of an uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.53.
Take Profits:
TP1= @ 0.00002507
TP2= @ 0.00002580
TP3= @ 0.00002700
TP4= @ 0.00002815
TP5= @ 0.00003040
SL= Break below S2
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TrendAnalysis ChartPatterns TechnicalIndicators
💡 It's a great buy opportunity in IOTA/BTC @iota @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTABTC is in an uptrend and the continuation of an uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.53.
Take Profits:
TP1= @ 0.00002507
TP2= @ 0.00002580
TP3= @ 0.00002700
TP4= @ 0.00002815
TP5= @ 0.00003040
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 trader?
Now, It's your turn!
Be sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TrendAnalysis ChartPatterns TechnicalIndicators
Buy the breakoutIt is probably a good idea to buy this coin at confirmation of broken long term resistance (in blue).
Invest 2%
SL c. 5%.
IOTA - strong demand at 1 - 1.2 USDFinally, the long-term holding of IOTA started to bear fruit. IOTA broke out of its accumulation phase and gained around 275% (0.42 to 1.6) since it has gone parabolic. Fundamentally, due to strong partnerships and Chrysalis part 2 soon-to-be released on the main-net, IOTA is becoming production ready with more and more use-cases emerging. Currently, many networks come with high transaction costs (such as BTC, ETH etc.) and IOTA can shine thanks to its fee-less nature.
However, the crypto currency market is generally still strongly correlated and today we experienced a strong selling activity. Iota fell back to 1 USD, but buyers are strong at 1 - 1.2USD/Iota while selling pressure is high above 1.3USD.
Technically, we broke down from our channel, due to lack of buying power and less volume occurring. We might experience more downward pressure which could lead to more wicks to 1 USD (0.5 FIB). Personally, I keep accumulating in the 0.9-1.1 USD region. For now, on the 4 hourly sellers seem exhausted.
This is no trading advice.
Good luck!
IOTA ascending triangle againIOTA setup looking quite promising. things are a bit shaky at the moment with BTC doing a slight correction, but we've seen IOTA hold up pretty well despite this over the last few days.
Anyway TP just on the FIB at 1.67. SL at the last low from several days ago at 1.2763
Entered at the bottom of this ascending triangle.
IOTAUSDTPERP Rising Wedge Coiling UpIOTAUSDTPERP is going up in rising wedge. Breaking the wedge is possible in couple of days at most. Breaking the wedge downward is more likely than upward. In case of breaking downward, we can find the price about 1.1 dollar levels. However, if the price would break otherwise, we can easily say that 2 dollars levels are closer than we could think of. Although rising wedges are more likely to be broken downward, I expect IOTA to break the wedge upward and achieve new all time highs. I do not think IOTA will be seeing 1.2 dollar levels.