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IOTA

💡 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
Long
by ForecastCity
12
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!
by UnknownUnicorn3707027
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.
by umutaktepe98
9
💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTAUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 1.5730 TP2= @ 1.6660 TP3= @ 1.7470 TP4= @ 1.9650 TP5= @ 2.2070 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 ❤️
Long
by ForecastCity_World
31
💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTAUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 1.5730 TP2= @ 1.6660 TP3= @ 1.7470 TP4= @ 1.9650 TP5= @ 2.2070 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 ❤️
Long
by ForecastCity
2
Out IOTA PositionAt the beginning of February, the market gave us a great opportunity to earn extra profits, which is exactly what we did. We at Pennygene turned our attention to the IOTA/BTC chart back in early January 2020, and have kept watching. What attracted our attention was that this asset was falling fast almost all the time from August till the end of December 2020, but then the first 1W bar of January showed us that the price reached good support at 0.0000094. Also, it was the lowest price point since the launch. After a month of waiting, our efforts paid off. At the beginning of February, we placed our long positions at 0.0000143, of course using a stop loss. And now we have been in the position for more than two weeks. At the moment PNL is 102% and we are not going to exit this long position yet. Important: Never be guided solely by the notion of the "lowest price in the history of the asset" this price floor can be updated at any time. Your strategy has to take into account a combination of several factors. Especially when it comes to a low-capitalization altcoin. At this point, we cannot recommend you to go long on this asset because much of the growth has already happened. In any case, if you are interested in IOTA, you need to wait before placing a new order. Maybe the last 7 days after the active growth is just a consolidation and liquidity gathering for further growth. Maybe after that, you will get a new opportunity to enter this asset.
Long
by pennygene