Iotausd
Target in the long-term Resistance line.Hello, traders.
IOT/USD is above a short term uptrend line since march, and after the price broked an important resistance level the chart begging to present a bullish structure. But we are reaching the long-term resistance line which, will be a very significant resistance for IOTA.
The target is the resistance line, so it's not time to buy this asset.
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IOTA living of BTC's weaknessBTC.D free fall and bounce of the ichi cloud helping IOTA live longer, but it is running on fumes. Racking up multiple bearish divergences on the 4H and Daily and testing multiple resistance while volume dropping. Retesting the bear flag that it broke out of in June. Another chance to unload if you got caught in this.
IOTA: Uptrend and How to Join ItThe price bounced from SMA200, and it was a possible buy signal based on the reversal. Now that long positions give profit. What's next?
It is possible to add more volume and open a new long position if the price breaks 0.2600 resistance.
It will be a good bullish signal as the market confirms the uptrend by a new swing high.
In order to get an additional signal that the price is going to move upward, it will be a good idea to wait for a retest of the broken resistance. If the price can stay about this level, which will act as new support, we will be able to buy using the reversal signal. This bullish signal will be more reliable than just the breakout.
Stop orders for all long positions should be placed below the local swing low and SMAs. The main profit target for buyers should be 0.3500 resistance. Risk per trade must be no more than 3-5% from the capital.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
IOTA still under exponential decay, perfect short entryThat sorry coin is dying slowly, it dropped below its longterm support, climbed over it to drop below it again and was rejected on the retest. In technical terms this is a perfect short entry. And while other Alts achieved higher highs in this mini Alts season, IOTA only mustered a lower high. This week it is flirting with the ichi cloud most probably to be rejected.
To all IOTA scammers and cultists, the more you attack me ad hominen, the more i put up ideas on this shitcoin, exposing you.
IOTA/BTC pair - great gains 20% mid-termWe have a clear breakout through the resistance with increasing volume. I am looking for a touch of the upper horizontal resistance line during next month.
Technicals:
MACD + RSI support upward movement.
Fundamentals:
Decentralised test-net "Pollen" has just been released.
Iota price prediction Did I told you guys, didn’t I?
You can see how the candles are following my trend line..there are huge potentials to happen a crash near the .10 area and maybe less.
The weekly chart is appearing promising for shorting iota ,but do not underestimate the power of bulls
Keep trading with caution
Happy trading
Write your comments bellow either you agree or not
Thank you very much
IOTA/BTC (Back at Key Support, Will Start new trend?)IOTA/BTC
-the is price back at the previous resistance zone
-and has the potential to flip new support
-it has also broken the downward trendline
-but there is a minor resistance at 2400s level
-I recommend buying only if we can break/close above 2400
-your target is the recent top at the 2700s or higher
-stop loss is placed under the 2300s
IOTAUSD: Analysis using Ichimoku 19/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI on the H1 has reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level on the H1 and H4.
Good luck!
IOTA: Analysis using Ichimoku 13/06/2020H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome.
Conclusion:
We recommend buying IOTA now because most indicators indicate the end of the price decline.
Good luck!
Watch out for the fallTrending analysis about iota forecast
Do you thing that we are going to break the resistance,or we will have another break down??
Don’t forget the market is depending on BTC prices as always,so do not confused if IOTA community,publish any news and we witness a price jump.
Comment below what do you thing.🙏🙏
Thank you