IOTA/USDT 1h - Ascending triangle to which way? - 17/02/2021Daily chart is telling me down, but my heart and this ascending triangle are telling me up.
IOTA
IOTA bottom formation may be in As seen with a lot of alt coins right now, a massive bottom formation may be in place
potential inverse head and shoulders with target in the ~85 cents range
Need to see the neckline broken and retested to support this idea.
IOTA to fly?If we break this triangle up, I think there is good chance for run to 1.75. SL is one of recent lows. Target is height of the triangle projected from midpoint of the local range. Valid until SL level hit (even if BUY STOP-LIMIT not filled before). RRR is 2.5.
GBPJPYI think it. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
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IOTAUSDT Pattern <skyroketteHere we go again, this pattern is a trend retournement.
- RSI bullish, close to break all time high rsi
- Cup and Handle, try to break the neck line
- Macd zero Lag bullish
- Ascending triangle
Ok time to pump .
Don't forget stop loss ;)
Big movement incomingIota is holding strong above EMA 50.
In the first hit, have seen +55%.
In the second hit, have seen +110%.
Now, in the third hit, +55% = U$1,85 and +110% = U$2,50.
RSI is holding VERY STRONG above 50 level.
Totally bullish scenario.
I believe in U$2+ on the next week.
IOTA/USDT 1d may cool off - 13/02/2021IOTA had a amazing bull run last days and I took some profit according to my previous analysis and rebalancing strategy. It reached the top of my Elliott based channel too fast and risk/reward of long it now do not look good. I'm neutral, slightly bearish. I'm watching more the BTC chart currently.
IOTAUSD Breakout or Pullback to Channel? IOTA seems to be forming a symmetrical triangle. Bitcoin is quiet high at the moment and may correct a little bit. Thats why I'm expecting a pullback into the channel which brings us close to $0,95.
Let me know your trading setup and if you like, let me know. Have a great day!
Time for a correction, target 0.929I think IOTA reached weekly and daily target, now it's time for a nice short.
Following this chart, if it breaks the support line, then targets will be
TP1 0.929
TP2 0.857
SL is on chart.
Please follow 1h chart.
IOTA looks about to break outRecent news with Dell / Intel, and the upcoming Chrysalis release, all coming together with nice timing. New Fundstrat report also coming soon. The Chysalis update also means it becomes very simple for new exchanges to integrate IOTA.
There's no real resistance above $1
Follow up to my analysis here you can see that there's no really some resistance above $1.
Maybe there's some at $2.3 - $2.7, then finally at $5-$6.
This bull can't be stopped, except if Iota Foundation failed to deliver Chrysalis pt 2 on March.
Over and out.
MIOTA (IOTA) Building Up Momentum, Impulse Possible!IOTABTC (MIOTA) has been green for the past 7 days and recently broke up above EMA50.
This type of bullish action can result in a strong impulse move.
Slow and steady growth is a signal of strength.
On top of this signal, we also have bullish indicators... EMA200 (brown line) can easily be hit next.
Namaste.
💡 Don't miss the great buy opportunity in IOTABNBTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0072). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTA / Binance Coin IOTABNB 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 50.
Take Profits:
TP1= @ 0.0118
TP2= @ 0.0148
TP3= @ 0.0180
TP4= @ 0.0222
TP5= @ 0.0272
TP6= @ 0.0326
SL= Break below S2
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💡 Don't miss the great buy opportunity in IOTABNBTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0072). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTA / Binance Coin IOTABNB 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 50.
Take Profits:
TP1= @ 0.0118
TP2= @ 0.0148
TP3= @ 0.0180
TP4= @ 0.0222
TP5= @ 0.0272
TP6= @ 0.0326
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 ❤️
IOTA parabola working wellIf IOTA doesn't break the parabola, IOTA could reach $2+ by the end of the month.
IOTA 900 days BREAKOUTIOTA broked the downtrend line (green line, 900 days).
If btc continue climbing or going sideway, IOTA price will explode soon.
TARGET: U$0,80
IOTAUSD NEXT TARGET 1.80 dollarIn my last analyse, I said that IOTA will target 5 dollars.
Like you see the left right shoulders is on point and if 1.05 dollars is sustainable then the next resistance is 1.80 dollar.
If it breaks the U-form (6 dollars), i expect 12 dollars on the long term, because they will make their own smart contracts soon.
Like and share if you agree with me.
IOTA - Long term levelsWith the current RSI level and in a weekly view we can get an idea of the next possible IOTA levels for all this year 2021.
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What is your position? Do you see IOTA hitting $ 1.50 or will we return to lower levels due to overbought?
Thanks!
Perfect Wyckoff accumulation at point of maximum opportunityThe Wyckoff Accumulation theory can be seen in action for IOTA, with the price range having just entered into phase C marking the point of maximum opportunity. Here I break down both the key phases and price levels, and how IOTABTC is so far following this to a tee. Should this play out according to Mr Wyckoff, a potential 400-500% increase should be about to begin.
Phase A
PS - Preliminary Support: following a prolonged downturn buyers step in, indicating that the downward trend may be nearing its end. Further confirmation seen with a volume spike.
SC - Selling Climax: selling pressure climaxes with panicked retail investors absorbed by large scale investors.
AR - Automatic Rally: the initial wave of buying defines the accumulation trading range.
ST - Secondary Test: a bottom is confirmed with a revisit to the SC (with low volume)
Phase B - multiple visits to the ST and AR are seen during this phase as we move within the trading range. Occasionally these may wick outside the trading range to close shorts and longs entered on tight stops.
Phase C
Spring - price moves below the ST (the low of the trading range) for a final shakeout as large investors mislead the public about the future trend of the market, giving them an opportunity to accumulate more at a bargain price.
Test - Large investors test market support at key levels - if a large supply is found the market is likely not ready for a move up. However once good support is found, higher lows will be seen.
Phase D
SOS - Sign of Strength: a strong price increase on high volume.
LPS - Last Point of Support: the low of a pullback after each SOS, as previous resistance becomes support. Despite the name, there can be multiple LPS.
BU/LPS - Back-up: when a new trading range is introduced prior to another substantial move up.
Phase E - price rises up beyond the PS (preliminary support) marking the end of the accumulation phase.
With IOTA currently entering phase C, potentially forming a spring (and with Bitcoin approaching strong resistance on market dominance), this may well represent the point of maximum opportunity - though as ever, ensure to set a stop loss in case the spring has not yet reached its own bottom. Alternatively, keep an eye on IOTABTC and look out for a post-spring test or SOS as further potential entry points. This a long term trade, with the full 450% move to take until early-2022.
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$IOTA, Showing strong volume levels $IOTA
Showing strong volume levels as its crossing above ~1600 sats resistance level..
UCTS bullish across almost all timeframes as well..
Willing to see if its able to keep the momentum and try to reclaim '19 lows (~2200 sats // ~30%)
#IOTA
