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IOTA

IOTABTC | Skyrocket is ready for a tripAt 2H timeframe we see a low risk and high potential entry for IOTABTC position. There is a channels breakout intersection with a very strong bullish signals according to RSI bands and Stoch Relative strength oversold status. Volatility increases while momentum grows which indicates the beginning of a sharp uptrend. In case it happens we will have a completed Inverse Head and Shoulders pattern on a macro downtrend which will act like a trend shit pivot point Premium signals is already in the channel
Long
by Skyrexio
2
Bullish until 6'th of JuneAt present there's two important lines on Bitcoin vs Us Dollar chart - both long term. There is no point a looking at 1H, 4H if you don't consider trend direction. IF this support line holds - we are building really explosive bullish pennant. Few months ago I said a lot of people will sell to early. I am actually surprised seeing Alessio Rastani (respect) saying on YouTube that he's out. Well - we all have different approach. I have 2 simple rules above all others rules I have. 1. Don't trust anyone, 2. Never sell below profit. You might find it primitive - but with appropriate position sizing and more importantly PATIENCE in trading Bitcoin - until now it always worked out for me. We are now touching THE LINE - all of the theories are based on it - All the Nike charts you ever seen are based on it. I think it's too strong to fail. If we go 1k below current levels - we will be able to say we started a LONG bear market with Bitcoin... and I'm out looking to long SPX. Trade safe guys and don't listen to me- I'm VERY MUCH OVER-EXPOSED to BTC atm.
BITSTAMP:BTCUSDLong
by crypto_poet
IOTA - Capitulation or Dead Cat Bounce?Upon the collapse of BTCUSD from $8000 all the way down to $3.5k, IOTABTC almost broke its critical daily support at 0.00002100 BTC but managed to bounce back forming a V-shape capitulation bounce on the 1h timeframe. This strong V-shape bounce on the 1h timeframe is bullish in the way that it managed to close the 1D candle above the daily support showing us that there are indeed buyers here despite the fear. TD 9 is also formed on the 1D as well as the 3D chart indicating a buy signal here. Whether IOTABTC and other alts will go up in the future really depends on BTCUSD at the moment, but as of now, I think this is a great spot to buy offering a great risk to reward ratio.
Long
by Ernest_Ar
Don't miss the great buy opportunity in IOTABTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTABTC is in a range bound and the beginning of uptrend is expected. . While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too low. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Take Profits: TP1= @ 0.0000262 TP2= @ 0.0000310 TP3= @ 0.0000400 SL= Break below S2
Long
by ForecastCity
11
Don't miss the great buy opportunity in IOTABTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTABTC is in a range bound and the beginning of uptrend is expected. . While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too low. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Take Profits: TP1= @ 0.0000262 TP2= @ 0.0000310 TP3= @ 0.0000400 SL= Break below S2
Long
by ForecastCity
24
IOTA Accumulation channel Triple bottom U-turn Potential 60-120%IOTA / BTC Accumulation channel in increments of 60%. The price is now at the bottom of the channel, for some time it will move in lateral movement, then most likely to the channel resistance + 60% and then working out the reversal pattern a triple bottom . If this happens, there will be a reversal of the main trend. Target for local work. The potential of this local work is from + 60-120%. Stop loss Under the accumulation channel support line. During the development of the upward movement, move it up at key levels so that your profit does not turn into a loss. But keep in mind the volatility of the instrument.
Long
by SpartaBTC
2