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Iotausd

IOTA: Analysis using Ichimoku 08/06/2020H4 The price is trading above the Ichimoku cloud, indicating an uptrend. RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers. Conclusion: We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold. H1 The price is gradually falling, moving under the Ichimoku cloud. Visually there is a correction within model of a wedge. RSI new lows at the oversold level, keeping the price above 0.2. Conclusion: We recommend buying from a key Fibonacci level of 23.6% and when the RSI level is oversold. Good luck!
BITFINEX:IOTUSD
by QubitLife
1
Don't miss the great buy opportunity in IOTUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTUSD 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 70. Take Profits: TP1= @ 0.2975 TP2= @ 0.3680 TP3= @ 0.5537 SL= Break below S2
BITFINEX:IOTUSDLong
by ForecastCity
14
Don't miss the great buy opportunity in IOTUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTUSD 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 70. Take Profits: TP1= @ 0.2975 TP2= @ 0.3680 TP3= @ 0.5537 SL= Break below S2
BITFINEX:IOTUSDLong
by ForecastCity
22
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!
Long
by harribatu
1