IOTA
IOTA formed bullish Gartley | A good long opportunityHey dear friends, hope you are well, and welcome to the new update on IOTA (MIOTA) coin with BTC pair.
Previously I shared a long-term trade setup of IOTA, which is still in play:
Now on a 4-hr time frame, IOTA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🆓MIOTA (IOTA) Mar-30 #IOTA $IOTA
IOTA is still very strong above the $0.8 zone and we can expect IOTA to continue to move towards the $1 and $1.2 zone or it might even advance to the $1.4 zone. But if it loses the $0.8 zone, it will correct to the $0.7 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.8$ zone
🔴Buy : 0.85 - 0.8
🔴Sell : 1 - 1.2 - 1.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.8$ zone
🔵Sell : 0.8
🔵Buy : 0.7
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
IOTA - THE 1 usd GoalHello trading friends,
This is an update for IOTA - depending on the last trends IOTA still has interesting trends for the coming time, where it could break out to 1 USD + - same time BTC is the main coin that should stay into a positive trend or stable trend.
This expectation depends on the TA study that shows that IOTA is in a green trend.
We will see or this target will come out coming time.
Know that it can take time before targets could be hit. the markets going on their way.
Have a great day
@ this is not a trading call - manage always your risk
LTC - two possible scenariosAll depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case, I would look at possible Wyckoff accumulation schematics with the potential of reaching new highs before December. Time will tell...
IOTA - Interesting depending on TA trend Hello trading friends,
This is a small view depending on TA trends for IOTA - it seems IOTA could have some power volume coming time if it holds the box level.
Same time 1 USD is an interesting trend where IOTA could close the box coming time.
We will follow and see what IOTA will show coming time.
It's a goal target with 20%+ expected to increase - but same time it can take some time, as long trends are into Green TA there is a chance for further increase.
Same time know its data trends and expect from price action - if there is unexpected trends it could go not to the target. - there is no 100% guarantee of trends in the crypto world.
Have a great time
@ this is not a trading call - trade only depending on your setups.
IOTA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart you'll see that we've retraced a bit further than my predicted area. This chart is a bit tricky because I'm not sure if we've found the bottom yet. If the bottom is in then we can resume the wave (3) impulse from the previous chart. On this chart I've also mapped it out in the minor pink wave. The reason why I say this chart is a bit tricky is because most of the altcoins retracement has entered the .238 fib area and iota hasn't yet. A double three corrective wave is still at play here in which we go a bit further into the red ABC wave or lower. If we go lower than the previous chart and this minor pink wave is invalid and the blue wave should be in play. Blue wave (3) price target is 4.44. I'll update this chart if blue wave plays out or the price target gets reached.
IOTA: Caterpillar🐛🦋Like a caterpillar, IOTA is crawling along the support line at $0.5736, its body moving fluently. We expect it to finish wave (ii) in blue and to pupate soon, at $0.5736 at the latest. Then, it should emerge from its cocoon as a beautiful butterfly, spread its colorful wings and fly upwards above the resistance at $2.0842. However, there is a 48% chance that IOTA's wings are too sticky, and it has to creep below the support at $0.5736.
104 months of LTCBTC price actionAs time goes on and Bolinger Bands of this chart get tighter over time, a possible significant price movement is expected, following news related to Litecoin adoption. Many times before in the history of Litecoin we did witness explosive price surges following the news (i.e. fake Walmart announcement). Currently, in the areas of ALL TIME LOWS, Litecoin presents some lucrative opportunities for patient SPOT BTC traders who follow capital management. Leverage trading at this point is rather not recommended. Incoming volatility and possibly large incoming volume might result in long shadow wicks on lower time frames.
IOTA: Fly Me To The Moon 🌖✨🪐Fly me to the moon,
Let me play among the stars,
Let me see what spring is like on
A-Jupiter and Mars.
In other words, hold my hand,
In other words, baby, kiss me!
After its long correction period, IOTA can finally start singing again. It has finished wave (ii) in blue and turned around just before hitting the support line at $0.5736. We now expect it to take off in the direction of $2.0842 and higher still.
However, caution is still required as there remains a 48% chance that IOTA could tumble below $0.5736 and continue the descent from there. As long as it stays above this mark though, we can join in the popular Sinatra song.
It's not game over yet.BTCUSD-LONG TERMOnly for a pure informational purpose, I would like to point your attention to a few timeframe related facts.
In various colours I present here simple facts related to previous price action. Firstly the intense red/pink bars indicating amount of weeks it took $Bitcoin to go back to the 20 Weekly Moving Average - I consider in this presentation only those weeks where value drop 35% or more. It never took more than 16 weeks (extreme) for the price to recover back to those levels. That would indicate that if the price would keep dropping, we wouldn't have to wait long (max 8 weeks) for the price to go back to those levels. Second to note is the length of the previous bull market (according to previous data we still have about 6 months to go). Third, notice the dropping transaction volume and steep, explosive price action. Considering the rising BTC awareness, dropping volume, timeframes, and the slowly building hidden bullish divergence, we did not see the final leg of this bull run yet.
IOTA/USDT is at strong supportHELLO FRIENDS, here we can see IOTA/USDT in 1 week timeframe. And it is in dip having strong support at $0.632. if it holds and pull back we can see huge pump in IOTA soon. The targets is $1 means 50% profit.... Wait for some pull back and invest in IOTA. FOLLOW FOR MORE..