Get started

Iotabtc

A trading opportunity to buy in IOTABTCTechnical analysis: . IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007300 to 0.00006415). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00007300) Ending of entry zone (0.00006415) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00008020 TP2= @ 0.00008540 TP3= @ 0.00009380 TP4= @ 0.00011050 TP5= @ 0.00012950 TP6= @ 0.00014060 TP7= @ 0.00016480 TP8= @ 0.00018910 TP9= @ 0.00026760 TP10= @ 0.00031200 TP11= Free
Long
by ForecastCity
9
A trading opportunity to buy in IOTABTCTechnical analysis: . MIOTA/BITCOIN 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 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007500 to 0.00006415). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00007500) Ending of entry zone (0.00006415) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00008540 TP2= @ 0.00009380 TP3= @ 0.00011050 TP4= @ 0.00012950 TP5= @ 0.00014060 TP6= @ 0.00016480 TP7= @ 0.00018910 TP8= @ 0.00026760 TP9= @ 0.00031200 TP10= Free
Long
by ForecastCity
$IOTA Setting up nicely. Could run well here...This looks like a high probability trade. A lot of key ideas are in confluence across multiple time frames. But I definitely will be adding a stop loss. Daily - We see a massive wedge formation playing out. and a Strong level of Support/Resistance. If we can get a daily close above, this could bounce off of support and continue upwards. 12Hr - We've had a lot of key signals play out - Bullish TK Cross - Bullish Kumo Twist - Chikou Span above price - Breaking out and closing above the cloud ( Waiting on this confirmation - close of candle ) 3Hr - This short term time frame is the most bullish of the 3 - Bullish TK Cross, above the cloud - Cloud is already green - Chikou Span above Price - Finding support on the Tenkan and continuing to bounce
Long
by Seraphic