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IOTA

IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.426 (stop at 1.376) Daily signals are bullish. Pivot resistance is at 1.410. A break of bespoke resistance at 1.420, and the move higher is already underway. We look for gains to be extended today. Short term bias has turned positive. Price action has formed a bullish ascending triangle formation. Our profit targets will be 1.567 and 1.662 Resistance: 1.420 / 1.470 / 1.500 Support: 1.340 / 1.280 / 1.200
Long
by Signal_Centre1
1
IOTA - next target 2.18 USD (1.62 FIB)Our strong demand zone at 1 - 1.2 USD held while MACD on the daily is about to turn green. Iota is picking up momentum to the upside while the entire crypto market cap is decreasing. Once Bitcoin finds its bottom or bounces back up again, I think FIB 1.62 (2.18 USD) is feasible for Iota within the coming weeks. The progress of the Iota Ecosystem is astounding. Chrysalis part 2 and Smart Contracts enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin. The demand will increase exponentially, once we see Iota being used to pay in the m2m economy. This is no trading advice. Good luck!
Long
by UnknownUnicorn3707027
2
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! Enjoyed viewing my idea? Leave a like! Do you disagree with this analysis? Please, leave a comment and tell me how you think I could improve in the future. I am not a financial adviser, this is NOT financial advice.
COINBASE:BTCUSDLong
by UnknownUnicorn1457362
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. ------------------------------------------------------------------------------------- Trade Idea: Sell Stop Order @ 1.1650 Take Profit @ 0.9872 Stop Loss @ 1.2541 Trade Safely 🙂
Short
by Forex-Robot-Nation
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. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- 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. ⚠️
Short
by CollegeofPips
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
by thomas_guilliam
4