IOTA living of BTC's weaknessBTC.D free fall and bounce of the ichi cloud helping IOTA live longer, but it is running on fumes. Racking up multiple bearish divergences on the 4H and Daily and testing multiple resistance while volume dropping. Retesting the bear flag that it broke out of in June. Another chance to unload if you got caught in this.
IOTA
IOTA: Uptrend and How to Join ItThe price bounced from SMA200, and it was a possible buy signal based on the reversal. Now that long positions give profit. What's next?
It is possible to add more volume and open a new long position if the price breaks 0.2600 resistance.
It will be a good bullish signal as the market confirms the uptrend by a new swing high.
In order to get an additional signal that the price is going to move upward, it will be a good idea to wait for a retest of the broken resistance. If the price can stay about this level, which will act as new support, we will be able to buy using the reversal signal. This bullish signal will be more reliable than just the breakout.
Stop orders for all long positions should be placed below the local swing low and SMAs. The main profit target for buyers should be 0.3500 resistance. Risk per trade must be no more than 3-5% from the capital.
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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.
$IOTA, Pushing above ~2400 sats level w/ UCTS Buy signal $IOTA
Pushing above ~2400 sats level w/ UCTS Buy signal flashing on the daily (Doji..)
12H timeframe trying to flip this level into support & also showing a buy...
Volume is not THAT atractive yet but could be a posibility riding toward ~2700 (8%+)
#IOTA
IOTA still under exponential decay, perfect short entryThat sorry coin is dying slowly, it dropped below its longterm support, climbed over it to drop below it again and was rejected on the retest. In technical terms this is a perfect short entry. And while other Alts achieved higher highs in this mini Alts season, IOTA only mustered a lower high. This week it is flirting with the ichi cloud most probably to be rejected.
To all IOTA scammers and cultists, the more you attack me ad hominen, the more i put up ideas on this shitcoin, exposing you.
Iota price prediction Did I told you guys, didn’t I?
You can see how the candles are following my trend line..there are huge potentials to happen a crash near the .10 area and maybe less.
The weekly chart is appearing promising for shorting iota ,but do not underestimate the power of bulls
Keep trading with caution
Happy trading
Write your comments bellow either you agree or not
Thank you very much
Regular Bullish Divergence on weekly. Invest 1%, SL @5% loss.Regular divergence is the classic sense of divergence that occurs when the price action makes higher highs or lower lows while the oscillating indicator does not. This indicates a weakness in the price action and anearly warning that the trend could be coming to an end. In other words, regular divergence indicates that a probable trend reversal could occur through it does not indicated when this will occur. For this reason chartists often turn to trend lines, chart patterns and candlestick patterns to time the entry into the trade.
Regular divergence can be either positive (bullish) or negative (bearish).
Positive Divergence is bullish and occurs in a down trend when the price action prints lower lows that are not confirmed by the oscillating indicator. This indicates a weakness in the down trend as selling is less urgent or buyers are emerging. When the oscillator fails to confirm the lower lows on the price action, it can either makes higher lows, which is more significant, or it can make double or triple bottoms. The latter occurs more often on oscillators, such as RSI and Stochastics that are range bound and less often on oscillators such as MACD and CCI that are not range bound.
Negative Divergence is bearish occurs in an uptrend when the price action makes higher highs that are not confirmed by the oscillating indicator. This indicates a weakness in the uptrend as buying is less intense and selling or profit taking is increasing. As with positive divergence, the oscillator can fail to confirm the higher highs on the price action by either making lower highs, which is more significant, or by making double or triple tops. As with positive divergence, double and triple tops are more prevalent on range bound oscillators.
As you can see Dash from time to time gathers explosive characteristics.
As per fundamentals - top privacy coin with a very small supply.
Invest 100 ETH & if successful you've got at :
T1 - 160.0 ETH
T2 - 207.00 ETH
T3 - 267.00 ETH
Possible allowed loss on this trade = 5% of invested capital.
IOTA: Analysis using Ichimoku 13/06/2020H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome.
Conclusion:
We recommend buying IOTA now because most indicators indicate the end of the price decline.
Good luck!
Watch out for the fallTrending analysis about iota forecast
Do you thing that we are going to break the resistance,or we will have another break down??
Don’t forget the market is depending on BTC prices as always,so do not confused if IOTA community,publish any news and we witness a price jump.
Comment below what do you thing.🙏🙏
Thank you
Our direction for IOTA is amazing to 100% profitFrom yesterday Bitcoin failed (expectancy mentioned in video), we gave our better entry to IOTA which is showing performance with IOTAUSD and IOTABTC. From yesterday crash, IOTA sellers did last retracement from only H4 timeframe, which was faile (expectancy mentioned in video).
At the moment IOTAUSD is headed to break supply level and continue to our expected targets which are;
T1: 32 cents
T2: 40 cents
T3: 45 cents (100% expectancy)
Do not forget what's going on in-between targets also. For more details, watch the video below
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