IOTABTC update from previous analysis IOTAUSDWe've been in long sellers channel till last buyers showed their performance on last channel touch. That means channel switched from sellers to buyers side. Right now all we need is just wait and see following expectations Martin explained in video.
IOTAUSD VIDEO ANALYSIS
Elitefxacademy
Iotabtc
IOTA/BTCDon't expect for an altseason to return like 2017.
But still you can capitalize massive gains on these shitcoins.
Looking to trade for a 50% profit here.
We passed the point of control on the volume by price. so that is indicating that a battle has been won by the bulls on the resistance of 2400 sats
Also the IOTA trinity wallet came out. not very relevant on price but anyway... its looking pretty good.
There is a trading opportunity to buy in IOTABTCMidterm forecast:
While the price is above the support 18.20995, beginning of uptrend is expected.
We make sure when the resistance at 26.50000 breaks.
If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 18.29715 on 05/07/2020, so more gains maximum to Major Resistance (26.50000) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002171 to 0.00002090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002171)
Ending of entry zone (0.00002090)
Take Profits:
TP1= 0.00002650
TP2= 0.00003084
TP3= 0.00003450
TP4= 0.00003911
TP5= 0.00005960
TP6= 0.00008280
TP7= 0.00011400
TP8= 0.00018494
TP9= 0.00023550
TP10= 0.00028590
TP11= 0.00045020
TP12= Free
Trade Setup:
We opened 12 BUY trade(s) @ 0.00002182 based on 'Valley' entry method at 2020.03.27.
Total Profit: 4824 pip
Closed trade(s): 468 pip Profit
Open trade(s): 4356 pip Profit
Closed Profit:
TP1 @ 0.00002650 touched at 06.04.2020 with 468 pip Profit.
Open Profit:
Profit for one trade is 0.00002578(current price) - 0.00002182(open price) = 396 pip
12 trade(s) still open, therefore total profit for open trade(s) is 396 x 11 = 4356 pip
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There is a trading opportunity to buy in IOTABTCMidterm forecast:
While the price is above the support 18.20995, beginning of uptrend is expected.
We make sure when the resistance at 26.50000 breaks.
If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 18.29715 on 05/07/2020, so more gains maximum to Major Resistance (26.50000) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002171 to 0.00002090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002171)
Ending of entry zone (0.00002090)
Take Profits:
TP1= 0.00002650
TP2= 0.00003084
TP3= 0.00003450
TP4= 0.00003911
TP5= 0.00005960
TP6= 0.00008280
TP7= 0.00011400
TP8= 0.00018494
TP9= 0.00023550
TP10= 0.00028590
TP11= 0.00045020
TP12= Free
Trade Setup:
We opened 12 BUY trade(s) @ 0.00002182 based on 'Valley' entry method at 2020.03.27.
Total Profit: 4824 pip
Closed trade(s): 468 pip Profit
Open trade(s): 4356 pip Profit
Closed Profit:
TP1 @ 0.00002650 touched at 06.04.2020 with 468 pip Profit.
Open Profit:
Profit for one trade is 0.00002578(current price) - 0.00002182(open price) = 396 pip
12 trade(s) still open, therefore total profit for open trade(s) is 396 x 11 = 4356 pip
❤️ 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 ❤️
Afunilamento iota pre AltsseasonDepois de muito tempo criando pequenas ondas descendentes o ativo começou a afunilar e lateralizou, isso aconteceu com a maioria das altcoins antes dos pullbacks de 2017, melhor hora para holdar o ativo , a relação de tempo necessária pode variar dependendo de quanto tempo leve a acumulação.( apesar do alto risco então tenha noção )
Entradas: ( de preferencia fracionadas )
2000
1850
1600
Alvos formação de elliot:
8.400
17.000
22.500
A sign!--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
This is an update from my previous idea, plz here you can find attached.
It is an important event in nature as it is the intersection with the MA200.
We don't know for sure the outcome of this action, although at least we expect some interesting movement here. Nice, isn't it?
From a 4h view we've been above the moving average for few hours already, but jut starting.
How far do you see Iota performing this summer? Please feel free to leave any comment.
Thanks again!
IOTA's Stairway to HeavenIota like a little chad broke out from its bullish pennant and is now travelling towards the moon in this ascending channel. I am not trading this but it will be a fun watch. Iota never stays too far behind XRP and I guess now is the time to make some gains before BTC decides what it wants.
IOTA / BITCOIN (IOTABTC) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
IOTA / BITCOIN (IOTABTC) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Decay coinsSome speculative theory regarding the decaying nature of major altcoins, It can be seen that in the outer 1.618 fib ring in the ealy days of IOTA decay was present before lift off. Is this happening on a larger scale? Two pumps to .5 fibonacci retracement level support this theory that the next fib transition will produce a bullish outcome.
iOTA/BTC - intention to break intention to break the level of 0.00002387 on the daily typhoon
candlestick analysis shows a great pin bar to buy.
There may be one more rollback from the level, and only after the breakdown.
It will be more reliable to buy after the break-down and fixation.
Dear followers, the best "Thank you" will be your likes and comments!
IOTA Analysis!IOTA
Looking to trend down along the Gann line of 2/1
Looks bearish on this small time frame but on a larger time frame this can be observed from both angles as very bullish
I was long once on IOTA, F
Can someone let me know if im doing this fibonacci thing right? I've been doing it for a little now
IOTA/BTC 1D (Binance) Wedge break-out and on channel supportMiota is sitting on the same old accumulation support, PA & RSI just broke-out a falling wedge (rose ones).
I'm expecting a small pull-back to give us a good entry, but you can enter now if you prefer.
This set-up is for short-term, but mid-term could be huge if it manages to close above big wedge resistance (beige one):
Buy Entry= 0.00002202 - 0.00002150
Take Profit= 0.00002365 | 0.00002547 | 0.00002889
Stop Loss= 0.00001987
Risk/Reward= 1:1 | 1:1.96 | 1:3.77
Expected Profit= 8.69% | 17.05% | 32.77%
Possible Loss= -8.69%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x