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
IOTACOIN
IOTA fundamental priceBINANCE:IOTAUSDT
IOTA definitely good project for long term, but just be careful now with any long positions cuz we can see squeeze down to test fundamental price around 0.62$
The good signs is we don't touch the bottom on RSI so we are still in neutral zone, and don't see the volume on chart from sellers
Also on daily RSI we can see pump and extremely important to break in out previews high on RSI, if not we will see perfect divergence.
Now we are trade under downtrend line FIB since May 2021
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
IOTAUSDT trend Resistance Line Breakout!IOTAUSDT (DAY CHART) Technical Analysis Update
Trend Resistance line Breakout
IOTA/USDT currently trading at $1.75
Buy-level: Above 1.75
Stop loss: Below $1.62
Target 1: $1.86
Target 2: $1.95
Target 3: $2.05
target 4: $2.25
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
IOTA / TetherUS Trending Up under High VolumeIOTA / TetherUS Trending Up under High Volume - IOTA is a cryptocurrency with its own blockchain. IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle. The Tangle ledger is able to settle transactions, with zero fees.
IOTAUSD Analysis - Adam and EveAn Adam and Eve formation has allowed the transition through 1.618 into the next fib ring
Now a rounded Top is forming which I love to see, as they tend to break out to the upside frequently
The only question is will this breakout be localized within the same Fib ring or push out into 4.618? Time will tell
A few other patterns have been included also
My personal bias on IOTA is neutral
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!
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.