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IOTA

IOTA: Shake It Off!I’m just gonna shake, shake, shake, shake, shake, shake… IOTA should really turn up this Taylor Swift song and step up, for we expect the altcoin to shake off the recent correction phase and to move upwards, crossing the resistance at $1.0550. First, though, IOTA must finally complete wave ii in magenta, which could initially lead it a bit deeper into the magenta zone between $0.3634 and $0.0600. However, the altcoin should be careful not to drop below the support at $0.0600.
BINANCE:IOTAUSD
by MarketIntel
IOTA - Trap slams shut🪤Reasons to take short: ⭐️ BTC bearish ⭐️ Level is 8 days long ⭐️ Trendline is clean ⭐️ Trapped bulls ⭐️ In the end of formation ⭐️ Price is squeezing to local level ⭐️ 3rd touch ⭐️ 40 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
10
IOTA Breaking From a Bear Flag, Bulls Targeting $0.39Past Performance of IOTA There are signals of strength for IOTA in the daily chart. At spot rates, the coin is up eight percent versus the USDT. This is positive for optimistic buyers following the correction on June 1. Further gains reversing losses of mid this week would complete a bullish breakout above the multi-week resistance line marked by the Middle BB. #IOTA Technical Analysis Technically, IOTA prices are solid, and bulls are confident. The immediate support line is at $0.33, while a close above $0.36 and the middle BB may initiate more accumulation in the short term. Ideally, the immediate target for optimistic IOTA buyers stands at $0.39 or May 9 highs. However, if there are gains above $0.36, traders may begin loading, expecting more gains above the current bear flag. On the flip side, deeper losses below $0.33 may force IOTA to $0.30—or lower. What to Expect from #IOTA? Despite the optimism, IOTA prices are consolidating. IOTA bulls are resilient and prices are trending at this week’s highs. Further gains above the bear flag may be the basis for another leg up in a recovery. Resistance level to watch out for: $0.36 Support level to watch out for: $0.33 Disclaimer: Opinions expressed are not investment advice. Do your research.
BITFINEX:IOTUSDLong
by Bitcoin_Analyzer
MIOTA (IOTA) Buy ZoneMIOTA (IOTA) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High On 4 hours timeframe we can see out that the MIOTA formed out the bullish pattern and retest long-term mini zone is at the its potential reversal zone level . -------------------- $IOTA/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 0.4925 - 0.479 TP 1 : 0.51 TP 2 : 0.525 TP 3 : 0.5444 TP 4 : 0.5577 TP 5 : 0.5789 TP 6 : 0.597 TP 7 : 0.625 TP 8 : 0.6596 Stop Loss : 0.45 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
IOTA | Big Descending Triangle Indicates further DownsideI don't like what I see here. IOTA seems to have formed a big descending triangle indicating a further downside. It is currently trading slightly below the lower edge of the DT. If the price cannot break above the lower edge, I'm pretty much conviced that we see IOTA dip into the support area around $0.4-0.45 What is slightly encouraging though is that the last time IOTA traded at almost similar levels, it went on a +260 % rally afterwards. However, due to macro factors and the decrease in voluem, I tend to be on the bearish side for now. Let's see how this plays out. Thanks for your support. Have a good one.
Short
by PagaLui
IOTA- another bear flag or reversal?!Hello everyone As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the market.A red bar with a big body might be the indication of a bear market continuation. We have a resistance level of 0.625$ and the support level of 0.58$.If our support level fails,our next support level is 0.5$. I believe it's most likely to have a bear flag pattern here as yesterday for the pole.But we aware ,with a red market like this anything is possible.
by HubAlgo
IOTA: Two RoadsTwo roads diverged in a yellow wood, And sorry I could not travel both And be one traveler, long I stood And looked down one as far as I could To where it bent in the undergrowth… The first stanza of Robert Frost’s poem “The Road Not Taken” describes IOTA’s situation quite well. Two roads are spread before the altcoin – which one will it take? There is a 48% chance that IOTA could decide to go downwards and drop below the support at $0.5736. However, we primarily expect it to rise up, crossing the resistance at $1.0550. And if IOTA has made it this far, there is potential for further upwards movement.
BINANCE:IOTAUSD
by MarketIntel
1