IOTA
There is a trading opportunity to buy in IOTABTCMidterm forecast:
While the price is above the support 18.20995, beginning of uptrend is expected.
We make sure when the resistance at 26.50000 breaks.
If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 18.29715 on 05/07/2020, so more gains maximum to Major Resistance (26.50000) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002171 to 0.00002090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002171)
Ending of entry zone (0.00002090)
Take Profits:
TP1= 0.00002650
TP2= 0.00003084
TP3= 0.00003450
TP4= 0.00003911
TP5= 0.00005960
TP6= 0.00008280
TP7= 0.00011400
TP8= 0.00018494
TP9= 0.00023550
TP10= 0.00028590
TP11= 0.00045020
TP12= Free
Trade Setup:
We opened 12 BUY trade(s) @ 0.00002182 based on 'Valley' entry method at 2020.03.27.
Total Profit: 4824 pip
Closed trade(s): 468 pip Profit
Open trade(s): 4356 pip Profit
Closed Profit:
TP1 @ 0.00002650 touched at 06.04.2020 with 468 pip Profit.
Open Profit:
Profit for one trade is 0.00002578(current price) - 0.00002182(open price) = 396 pip
12 trade(s) still open, therefore total profit for open trade(s) is 396 x 11 = 4356 pip
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There is a trading opportunity to buy in IOTABTCMidterm forecast:
While the price is above the support 18.20995, beginning of uptrend is expected.
We make sure when the resistance at 26.50000 breaks.
If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 18.29715 on 05/07/2020, so more gains maximum to Major Resistance (26.50000) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002171 to 0.00002090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002171)
Ending of entry zone (0.00002090)
Take Profits:
TP1= 0.00002650
TP2= 0.00003084
TP3= 0.00003450
TP4= 0.00003911
TP5= 0.00005960
TP6= 0.00008280
TP7= 0.00011400
TP8= 0.00018494
TP9= 0.00023550
TP10= 0.00028590
TP11= 0.00045020
TP12= Free
Trade Setup:
We opened 12 BUY trade(s) @ 0.00002182 based on 'Valley' entry method at 2020.03.27.
Total Profit: 4824 pip
Closed trade(s): 468 pip Profit
Open trade(s): 4356 pip Profit
Closed Profit:
TP1 @ 0.00002650 touched at 06.04.2020 with 468 pip Profit.
Open Profit:
Profit for one trade is 0.00002578(current price) - 0.00002182(open price) = 396 pip
12 trade(s) still open, therefore total profit for open trade(s) is 396 x 11 = 4356 pip
❤️ 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 on the way to increase for 100% IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure.
Because we didn't broke last supply, we still have to, even if we've already entered buy move. After breaking through supply spot, we can expect next target;
T1 is at 32 cents
T2 is at 40 cents
T3 is at 44 - 47 cents (100% and more)
We are looking very closely for this 100% move, but do not forget about ''supply spot'', Target 1 and Target 2 .
Hope you followed also NEO analysis from previous week. Price broke thorugh our First target very strong and is headed to higher targets
Video explained by Martin Mohar,
Presented by Elitefxacademy
Don't miss the great buy opportunity in IOTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD 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 70.
Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537
SL= Break below S2
Don't miss the great buy opportunity in IOTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD 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 70.
Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537
SL= Break below S2
SHITPERP, Low cap altcoin perpetual futures, down the toiletInterestingly named perpetual future contract incubated by the bitmex related Alemeda research, tracks 50 low cap altcoins (aka shitcoins).
In a descending channel near channel resistance with bearish divergences and falling volume. Down it goes, don't mind the gas.
IOTA on life supportCan't breath on it's own, put on a fed bailout respirator,regardless the patient's prognosis is dire: Bear flagging into major support now turned resistance and accumulating bearish divergences. Classic stairway up elevator down. By January 2021, IOTA will be delisted.
I have extremely neutral view on iota and don't hold any position, I just read what the chart is telling me and this is one of the worst Alts chart.
IOTA/USD - the upward channelIt's moving in the channel.
Now we're standing in the middle of the channel.
We're also standing at $0.20.
I'm gonna try the log to the upper edge of the channel.
Cancel long position: breakout of the zone 0.20$.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Afunilamento iota pre AltsseasonDepois de muito tempo criando pequenas ondas descendentes o ativo começou a afunilar e lateralizou, isso aconteceu com a maioria das altcoins antes dos pullbacks de 2017, melhor hora para holdar o ativo , a relação de tempo necessária pode variar dependendo de quanto tempo leve a acumulação.( apesar do alto risco então tenha noção )
Entradas: ( de preferencia fracionadas )
2000
1850
1600
Alvos formação de elliot:
8.400
17.000
22.500
A sign!--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
This is an update from my previous idea, plz here you can find attached.
It is an important event in nature as it is the intersection with the MA200.
We don't know for sure the outcome of this action, although at least we expect some interesting movement here. Nice, isn't it?
From a 4h view we've been above the moving average for few hours already, but jut starting.
How far do you see Iota performing this summer? Please feel free to leave any comment.
Thanks again!
IOTA Bullish SignsHey Guys:
BINANCE:IOTAUSD is our next coin of discussion. I'm a big fan of their work.
Not only am I a big fan of their work, but I'm also a big fan of their W and 1D charts. Most of my ideas will be with a long-term mindset.
Please remember that these are just my opinions. I'm always open to discussion on the ideas and what I'm talking about.
Entry Point:
I'm slowly accumulating more and I'll be keeping that strategy. Just looking for good opportunities.
I think we're safe to buy until the ~$.80 b/c it'll face some resistance at $1.
I make this statement with two assumptions:
that the resistance faced September of 2018, which is marked with the red arrow, will not be an issue for us, and
The breakthrough of the 1 Fib level on the 1D chart will give us some challenges but we'll eventually overtake it.
If it can cleanly pass the $1 - $1.10, we're safe until around $1.35 - $1.40. It'll face some resistance at the 0.236 Fib level. Then we can just rinse and repeat those steps for each Fib ( How to use the Trend-Based Fib Extension ). I'll be updating the comments as this unfolds. It should be fun.
Target Points:
(1) 1.7
(2) 2.67
(3) 3.44
(4) 4.20 (nice)
(5) 5.28
Stop-Loss:
We'll have to wait to see if $0.20 can hold. If not, we'll turn this into a selling game.
Indicators:
Weekly
FIbonacci
The Trend-Based Fib Extension is used to guage potential support/resistance levels after we've gone through a correction of the previous trend. This is where the Price Points are taken from.
Moving Averages
Our 50-MA (blue) has had enough data to take its trend into consideration when making a purchase order. It's starting to smooth out its downtrend which could indicate a change of direction. We'll have to watch as this develops.
If the 20-EMA (orange) can hold above the 50-MA for a bit, we'd be in a good spot.
Sniper T3-CCI
Waiting for this to move above the line could be the conservative play here.
Volume
The sell volume seems to be getting smaller. Let's look for a spike one of these weeks to indicate some direction.
Candlesticks
I like using the Heikin Ashi candle to gauge trends.
Summary
There's a bunch of information here. But the most important thing is that we're thinking long-term. Well into and past next year. We'll update price points as this unfolds but for now, we're looking to lock in some profits between now and the ~$1.4 mark.
Good Luck!
-Matt