IOTA
IOTUSD: When to Buy If You Missed Trend ReversalWe could buy this coin based on a breakout above the downtrend line. We could buy this coin based on a breakout above the local swing highs. The market gave us such opportunities, and if you missed them, you need to think about new trading signals. When to buy the coin if the price continues the upward movement?
It is possible to buy based on the breakout above SMA50. I don't like the entry point as it is far from the uptrend line. But if you look for long term trades, probably the part of trade volume can be used following this signal.
If we talk about the proper buying in the market, which builds an uptrend, I would like to see the downward movement to the uptrend line and buy based on reversal signals from the daily and lower timeframes. It makes sense as long positions will be opened after the correction in the direction of the new uptrend.
IOTA (IOTAUSDT) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
IOTABTC SHORT Looks good... Im still in EOSBTC short. Im gonna stick with it but this is good. Dominance is popping off the way I thought it would it just over shot but I knew it would happen to trap the longs into their positions.
Mr. Lucifer
TOTAL2 on the move, IOTA set-up>TOTAL2 is breaking out, major altcoins are getting a boost
>IOTA nearest resistance is 0.25, if that's broken next up is 0.48, and if that's broken clear to 0.93
>Bears will continue to be rekt until bulls are euphoric
Leverage: 3.3x
Entry: 0.18$
TP1: 0.25$ RR>10:1
TP2: 0.48$ RR>40:1
TP3: 0.93$ RR>100:1
TP4: 1.15$ RR>200:1
STOP: 0.172$
MIOTA\USD Weekly Chart Forecast>red bars represent bearish outcome
>blue bars represent neutral outcome
>yellow bars represent bullish outcome
I say blue bars outcome is most likely, but this is crypto and anything is possible. Let's see.
I am not a financial adviser, this is NOT financial advise.
IOTA / USD | Bullish Double Bottom WIOTA have opportunity to go up. Looking for breakout before entering the trade. Initial target for move near 0.18$. Might go down if break support near 0.16$.
Good luck, stay profitable.
IOTA Climbs Back Into The WedgeIOTA has seen a drop out of the wedge, this can happen with falling wedges and the outcome may still be bullish. Since the drop, IOTA has climbed back into the wedge which has primed it for further gains.
IOTABTC formed bullish BAT | Upto 44% bullish movePriceline of World's 23th ranked cryptocurrency out of more than 2300 cryptocurrencies IOTA (MIOTA) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00002408 to 0.00002264 sats
Sell between: 0.00002752 to 0.00003265 sats
So mid term trade has potential to give upto 44% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
IOTUSD: Buy OpportunityThe trading idea is based on a trend reversal signal, which gives us a bullish divergence. If the price breaks the local swing high, it will confirm the further upward movement. RSI is bullish, and the same goes about MACD.
Entry Price: above 0.175
Stop Level: below 0.145
Profit Level: at 0.265
Risk per trade must be no more than 5% of your capital.
