the forgotten IOTA BACK? = YES YES THE GREEN COFFEE TIME COMINGHello my trading friends,
I hope you have great time.
Depending on my study on IOTA, it looks we can get a time with some increase trends. thats why i called in title : the forgotten IOTA BACK?
Time will show us this.
Have safe trades,
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Iotabtc
$IOTA/BTC 4h (Binance Spot) Falling wedge breakoutMiota is trending inside an ascending channel and has broken out of that falling wedge.
Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone!
Current Price= 0.00002450
Buy Entry= 0.00002385 - 0.00002323
Take Profit= 0.00002659 | 0.00002898 | 0.00003316
Stop Loss= 0.00002150
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72
Expected Profit= +12.96% | +23.11% | +40.87%
Possible Loss= -8.67%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.426 (stop at 1.376)
Daily signals are bullish.
Pivot resistance is at 1.410.
A break of bespoke resistance at 1.420, and the move higher is already underway.
We look for gains to be extended today.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.567 and 1.662
Resistance: 1.420 / 1.470 / 1.500
Support: 1.340 / 1.280 / 1.200
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.251 (stop at 1.199)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.240, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Our profit targets will be 1.396 and 1.521
Resistance: 1.240 / 1.300 / 1.400
Support: 1.150 / 1.100 / 1.020
IOTA Buy the dip.IOTAUSDT - Intraday - We look to Buy at 0.993 (stop at 0.923)
Daily signals are bullish.
Trading close to the psychological 1.000 level.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 0.939.
Our profit targets will be 1.193 and 1.273
Resistance: 1.120 / 1.200 / 1.280
Support: 1.000 / 0.950 / 0.900
💡 It's a great buy opportunity in IOTA/BTC @iota @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTABTC is in an uptrend and the continuation of an uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.53.
Take Profits:
TP1= @ 0.00002507
TP2= @ 0.00002580
TP3= @ 0.00002700
TP4= @ 0.00002815
TP5= @ 0.00003040
SL= Break below S2
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TrendAnalysis ChartPatterns TechnicalIndicators
💡 It's a great buy opportunity in IOTA/BTC @iota @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTABTC is in an uptrend and the continuation of an uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.53.
Take Profits:
TP1= @ 0.00002507
TP2= @ 0.00002580
TP3= @ 0.00002700
TP4= @ 0.00002815
TP5= @ 0.00003040
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TrendAnalysis ChartPatterns TechnicalIndicators
Out IOTA PositionAt the beginning of February, the market gave us a great opportunity to earn extra profits, which is exactly what we did.
We at Pennygene turned our attention to the IOTA/BTC chart back in early January 2020, and have kept watching. What attracted our attention was that this asset was falling fast almost all the time from August till the end of December 2020, but then the first 1W bar of January showed us that the price reached good support at 0.0000094. Also, it was the lowest price point since the launch. After a month of waiting, our efforts paid off. At the beginning of February, we placed our long positions at 0.0000143, of course using a stop loss. And now we have been in the position for more than two weeks. At the moment PNL is 102% and we are not going to exit this long position yet.
Important: Never be guided solely by the notion of the "lowest price in the history of the asset" this price floor can be updated at any time. Your strategy has to take into account a combination of several factors. Especially when it comes to a low-capitalization altcoin. At this point, we cannot recommend you to go long on this asset because much of the growth has already happened.
In any case, if you are interested in IOTA, you need to wait before placing a new order. Maybe the last 7 days after the active growth is just a consolidation and liquidity gathering for further growth. Maybe after that, you will get a new opportunity to enter this asset.
Follow happy man, target 1.70last time stopped my iOTA position.
I hope this one will work.
I am following happy man in 1h chart.
If it breaks, target will be 1.7
Follow the stop around 1.179
Please follow candle close prices.
I got the risk and already opened my position because I see a move in 4h timeframe.
I'll update after it it breaks resistance.
Please leave a comment if you join the trade.
MIOTA (IOTA) Building Up Momentum, Impulse Possible!IOTABTC (MIOTA) has been green for the past 7 days and recently broke up above EMA50.
This type of bullish action can result in a strong impulse move.
Slow and steady growth is a signal of strength.
On top of this signal, we also have bullish indicators... EMA200 (brown line) can easily be hit next.
Namaste.
Perfect Wyckoff accumulation at point of maximum opportunityThe Wyckoff Accumulation theory can be seen in action for IOTA, with the price range having just entered into phase C marking the point of maximum opportunity. Here I break down both the key phases and price levels, and how IOTABTC is so far following this to a tee. Should this play out according to Mr Wyckoff, a potential 400-500% increase should be about to begin.
Phase A
PS - Preliminary Support: following a prolonged downturn buyers step in, indicating that the downward trend may be nearing its end. Further confirmation seen with a volume spike.
SC - Selling Climax: selling pressure climaxes with panicked retail investors absorbed by large scale investors.
AR - Automatic Rally: the initial wave of buying defines the accumulation trading range.
ST - Secondary Test: a bottom is confirmed with a revisit to the SC (with low volume)
Phase B - multiple visits to the ST and AR are seen during this phase as we move within the trading range. Occasionally these may wick outside the trading range to close shorts and longs entered on tight stops.
Phase C
Spring - price moves below the ST (the low of the trading range) for a final shakeout as large investors mislead the public about the future trend of the market, giving them an opportunity to accumulate more at a bargain price.
Test - Large investors test market support at key levels - if a large supply is found the market is likely not ready for a move up. However once good support is found, higher lows will be seen.
Phase D
SOS - Sign of Strength: a strong price increase on high volume.
LPS - Last Point of Support: the low of a pullback after each SOS, as previous resistance becomes support. Despite the name, there can be multiple LPS.
BU/LPS - Back-up: when a new trading range is introduced prior to another substantial move up.
Phase E - price rises up beyond the PS (preliminary support) marking the end of the accumulation phase.
With IOTA currently entering phase C, potentially forming a spring (and with Bitcoin approaching strong resistance on market dominance), this may well represent the point of maximum opportunity - though as ever, ensure to set a stop loss in case the spring has not yet reached its own bottom. Alternatively, keep an eye on IOTABTC and look out for a post-spring test or SOS as further potential entry points. This a long term trade, with the full 450% move to take until early-2022.
Please give me a thumbs up and follow me if you found some value in my analysis - this is the best way you can show support and is very much appreciated.