Iotausd
IOTA/USDT time to do nothingHello traders,
I see two scenarios for IOTA/DOLLAR, we are inside a downtrend channel.
We are close to an important level of support level that can hold the price and retesting the resistance line, and we may be moving sideways or breaking the line in uptrend moviment, and the second scenario is the price test that the support line of this downtrend channel
I only buy this asset close to the support line of the downtrend channel, or above the long term resistance line.
Now is time to do nothing in IOTA, only watch the price reactions at thoses points.
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Best regard Sandro and Gustavo.
IOTUSD: Good Buy OpportunityThe market looks interesting for buying in the long run. We have the price reversal confirmed by RSI, MACD, and a reversal candlestick pattern. If Bitcoin keeps the upward movement, this market will be able to reach the important highs at 0.3500 and 0.5500 levels. It makes this buy opportunity very interesting as we have enough space for the upward movement.
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 struggling around EMA 50 (Weekly)IOTA/USD Weekly & Daily Chart.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
IOTAUSDT - Easy on Challenges! Trade with pleasure!🤑Good afternoon, colleagues! To everyone who holds this coin in their portfolio or trades - a very interesting picture emerged from its analysis. Now we have come to a very strong level of resistance, which is also the middle boundary of the channel. Most likely it will not be pierced right away. And expect a small pullback for refueling.
Support Levels (locally) 0.29-0.283. Below are two strong levels of 0.25 and 0.22. In the breakdown of which we fly to update the bottom.
It will be possible to talk about the start of mining the double bottom on the daily chart only when the upper boundary of the channel or zone 0.45-0.5 is broken. Higher price of this coin until it rises.
Also, do not forget about the high probability of Bitcoin going to 5500. Then we will see updates to the bottom of IOTA.
In any case, we do not lose the opportunity to earn money. The nearest areas of the seller are indicated on the chart. Trade with pleasure !!!
Success and profit!
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There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2215)
Ending of entry zone (0.1895)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2880
TP2= @ 0.3510
TP3= @ 0.4535
TP4= @ 0.5550
TP5= @ 0.7450
TP6= @ 1.1145
TP7= @ 1.4130
TP8= @ 1.7110
TP9= @ 2.1945
TP10= @ 2.6775
TP11= Free
There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2215)
Ending of entry zone (0.1895)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2880
TP2= @ 0.3510
TP3= @ 0.4535
TP4= @ 0.5550
TP5= @ 0.7450
TP6= @ 1.1145
TP7= @ 1.4130
TP8= @ 1.7110
TP9= @ 2.1945
TP10= @ 2.6775
TP11= Free
TOTAL2 on the move, IOTA set-up>TOTAL2 is breaking out, major altcoins are getting a boost
>IOTA nearest resistance is 0.25, if that's broken next up is 0.48, and if that's broken clear to 0.93
>Bears will continue to be rekt until bulls are euphoric
Leverage: 3.3x
Entry: 0.18$
TP1: 0.25$ RR>10:1
TP2: 0.48$ RR>40:1
TP3: 0.93$ RR>100:1
TP4: 1.15$ RR>200:1
STOP: 0.172$