IOTA
IOTA/BTC pair +40% - observing for nowWe made again a 20% gain on the IOTA/BTC resulting in a 40% gain since the beginning of July. Although IOTA is still looking strong technically, we should be cautious due to greed sentiment rising (for the entire crypto market). We might see more upside movement, but I prefer staying out right now.
From a fundamental perspective, we are seeing great progress happening and if you are a long-term investor, you should be fine with HODLing.
Stay green!
IOTUSDT ANALYSISI have 4 positive signals .It is above the support and up trend line also I saw buy3 it means big hope for this coin
You can buy it right now and you can sell at the resistance line ($ 0,5100) or you can watch the EngineeringRobo' s sell signal
Your money your choice . Don't ignore EngineeringRobo just join us and please dm me.
IOTA still consolidating after the recent surgeIOTA is still consolidating after the recent surge to 0.41 USD. Buy zone will be 0.33-0.35 (so another 4-8% down). Approximately 1 week hold until the next surge that should be higher than the recent one. Price surged due to recent news ( here ) about upcoming mainnet upgrade next week. Sell target will be anywhere between 0.40-0.70 (depending on BTC). Staggered exit recommended with target profits at 0.40, 0.55 and 0.70.
Excellent profit opportunity if BTC stays within range.
IOTA: 0.3500 as Strong Resistance and How to TradeIt looks like the price will reach 0.3500 resistance zone. It is a strong resistance that could stop and reverse the upward movement at the beginning of 2020. After that, we saw a strong downward movement.
This time, we can expect a pullback toward MAs with 20, 50, and probably 100 periods. But I think the buyers will be able to keep the bullish structure.
The good entry zone for new long positions is 0.2500 support. If the price bounces from 0.3500 and reaches 0.2500, we will have to watch for the price action and wait for reversal signals.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
IOTAUSDT 4D: SHORT IT 3650 25% correction (SL/TP)(NEW)Why get subbed to to me on Tradingview?
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IOTAUSDT 4D: SHORT IT 3650 25% correction (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: IOTAUSDT 4days/candle chart review and outlook
::: previously strong chart
::: accumulation in range and bull run
::: and made decent gains recenly
::: HOWEVER heavy overhead resistance
::: 3600 heavy mirror s/r resistance level
::: recommended strategy: SHORT IT from 3600
::: TP bears is 25% gains 2450
::: expecing a pullback from highs SOON
::: SWING trade setups for BEARS
::: patient traders will get paid
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BULLS/WEAK
IOTA.USDT (Y20.P3.E1).Stalking for nowHi All,
Another ALT lurking near key area.
Thoughts:
> Like to see it break this key level as its already broke 1 of 2, the other being the lead in slope trend-line.
> Its had a nice upward trend line so far.
> If it breaks, I will look for a bullish candle of sort, either on the 8, 12, or daily.
> Use the daily 21 EMA for a strategy
> Depending how it breaks it, I might look for a retest (pullback) before jumping in.
Either way, its another one to keep an eye on.
Daily chart with 21 EMA moving along with the trend
cheers,
S.Sari
IOTA: Possible Buying Opportunity from 0.2600USD SupportHere is another coin which is rather interesting for watching and trading. The price reached 0.3000USD round number level, and we can expect a reversal. In spite of bullish signals from MACD and DMI, we have a trend reversal signal based on a bearish divergence. Of course, it will be wrong to expect a new bearish trend now, but at least a correction movement to the support zone it will be possible.
If you skipped the previous buying opportunities, you will have a possible buy signal from 0.2600USD support. For opening long positions, we will need reversal signals. The profit target for such long positions will be 0.3500USD resistance.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
IOTAUSDT ANALYSISBase on my analysis, if you have IOTA, you may wait to see the candles' the next move;
a) if the candles go down, you should sell it,
b) if the candles pass the resistance line(0.2814), you should keep it.
If you want to buy IOTA, you should
a) if the resistance line(0.2814) turns the support line, you will buy it, or
b) if the candles go down, you should wait the candles cross the support line(0.2192)
and also you may help from EngineeringRobo's signals.