IOTA/USD H1 TECHNICAL ANALYSIS Pls refer to the self explanatory chart.
***This is for sharing and entertainment purposes only. I am not a financial advisor***
Iotausd
IOTAUSD ❕ volatility has slowedAfter exiting the triangle, the price formed a downward channel and is now trading under the 50, 100 and 200MA on the 4H Timeframe.
Trading volumes have decreased as well as volatility.
The price has tested the lower boundary of the channel.
I expect a bounce to the resistance level if the price fixes above the support level.
MIOTA (IOTA) Buy ZoneMIOTA (IOTA) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : High
On 4 hours timeframe we can see out that the MIOTA formed out the bullish pattern and retest long-term mini zone is at the its potential reversal zone level .
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$IOTA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.4925 - 0.479
TP 1 : 0.51
TP 2 : 0.525
TP 3 : 0.5444
TP 4 : 0.5577
TP 5 : 0.5789
TP 6 : 0.597
TP 7 : 0.625
TP 8 : 0.6596
Stop Loss : 0.45
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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iota looking good hereiota looking like its found support here
accumalating iota while we are down here
could see a nice move up soon
IOTA USDT Just a bit more...I like the fact that de demand zone works really well with the geometry and after the next swing low I'm expecting to change the structure and create a strong swing low there.
IOTA: Two RoadsTwo roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth…
The first stanza of Robert Frost’s poem “The Road Not Taken” describes IOTA’s situation quite well. Two roads are spread before the altcoin – which one will it take? There is a 48% chance that IOTA could decide to go downwards and drop below the support at $0.5736. However, we primarily expect it to rise up, crossing the resistance at $1.0550. And if IOTA has made it this far, there is potential for further upwards movement.
IOTABTCIOTABTC looks its bouncing off from .78% Fibonacci and has a falling wedge might break out soon
IOTA - In case BTC will be bullish..BTC direction is uncertain, so use only half of usual volume.
- Level is clearly visible
- Multiple touches
- False breakout
- With only two touches of support chances of breaking down are slim. Will break down only if BTC goes that way
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
#IOTA adds 5% as Prices Spring from Q1 2022 LowsPast Performance of IOTA
Currently, IOTA appears to be bouncing off from Q1 2022 lows. The coin is up five percent in the past 24 hours, outperforming the USDT.
Despite the pullback, sellers are technically in charge from an Effort versus Results perspective. It is because prices are within last week’s trade range. Overall, IOTA is down 54 percent from Q1 2022 highs at spot rates. The coin may find support in the short term if prices are held above $0.62.
IOTA Technical Analysis
Even though sellers are in control--prices are within the April 11 bear candlestick and last week’s range, there appears to be a divergence from the lower BB, suggesting waning downside momentum. At the same time, the surge and change in fortunes from April 18 lows points to strength.
The shift in momentum to favor buyers on April 18 may usher in more buyers who may load on dips targeting April 11 highs of $0.70.
A close above last week’s high with rising trading volumes may see IOTA post further gains in the immediate term towards $0.82 and $0.92--key reaction points in Q1 2022. Notably, April 18 candlestick has a long lower wick indicating strong support during the NY session.
Conversely, if bears flow back and unwind recent gains, a dump below $0.62 may trigger a sell-off that may see IOTA slide to H2 2021 lows of $0.57 in a bear continuation formation.
What to Expect from IOTA?
Prices found support at around Q1 2022 lows, bouncing higher. Still, traders may wait for trend definition before loading depending on the newfound trajectory.
Resistance level to watch out for: $0.70
Support level to watch out for: $0.62
Disclaimer: Opinions expressed are not investment advice. Do your research.
Update For IOTA/USDT Analysis 📈📉What's up Guys , in this analysis I gonna talk about IOTA
As you can see in the weekly time frame for pair of IOTA/USDT ,since 16 April it has been declining after recording new ATH about 2.67$ ,
and now we can see that iota is compressing in an descending or symmetrical triangle pattern ,
also there is a possibility of further fall right now bcs of crossing under of emas and
if break out the support zone in can do down to lower support,
meanwhile it has reached the bottom of triangle again and can have a jump again ,
by breakout of descending trend line, there is a high possibility to reach the targets respectively and seeing new ATH .
so in this case it can continue its rally by closing above resistance range and have a pulback and continue .
🛑resistances: $1.33-1.43///descending trendline
❇️supports: $0.72-$0.80, $0.57,$0.43
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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IOTA Bullish Bias + targetsAs we all can see. Cup and handle formation for IOTA.
With partners like Bosch,volkswagen,jaguar,land rover i see much for
this company to come using their tangle to create smart city solutions . IOTA's plan is making communication M2M machine to machine a lot easier.
iota bull divsiota is putting a 3d bullish divergence down here
accumalating down here and could see a big move come soon
will we have a breakout??!hello everyone
In the past 3 days IOTAUSDT created a bull channel in 4h and considering the accumulation in this level and the possibility of bear market in higher time frames and the spikes in the volume in the past couple of days ,there is 20% chance to see a breakout.
for now, let's don't get excited and flow with the trend of the market. resistance level of 0.675$ and support level of 0.625$ have made our certain channel for now.
IOTA usdtIOTA looks good after closing 1 day in the support zone, holding v well on the monthly support level, please be aware if it breaks the stop loss as it will be the last chance to jump out.. good luck!
targets in blue
entry within the green zone
Always manage your risk
R/R is good
IOTA has formed hammerline resistance into rocketship supportHello viewers,
There is a possibility that during the historic action of IOTA something has been cooking. Something that was kept the coin in the closet and pushed down with the hammer and formed to be the impossible father to crack. Fortunately, this father has been overthrown from his crown and is no longer a liability. What we see on the charts is that IOTA has switched tone from the hammerline resistance into rockethsip support.
The lift off can lead us to various places, if the line holds. Risk:Reward seems astonishing. Lets go margin.
Not an investment advice.
iota looking good hereiota is looking good here and could be about to break the down trend
could see a big move coming soon
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
IOTA/USDT BUYING SET UPIOTA Potential make a EVE ADAM pattern , But RSI showing overbought need some correction to continue upward movement
Entry : 0,928 , 0.915 , 0.9
Target : 1.03 , 1.1 , 1.85 , 1.27
Stoploss : $0.87
Risk : 5%
IOTA - Interesting depending on TA trend Hello trading friends,
This is a small view depending on TA trends for IOTA - it seems IOTA could have some power volume coming time if it holds the box level.
Same time 1 USD is an interesting trend where IOTA could close the box coming time.
We will follow and see what IOTA will show coming time.
It's a goal target with 20%+ expected to increase - but same time it can take some time, as long trends are into Green TA there is a chance for further increase.
Same time know its data trends and expect from price action - if there is unexpected trends it could go not to the target. - there is no 100% guarantee of trends in the crypto world.
Have a great time
@ this is not a trading call - trade only depending on your setups.
IOTA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart you'll see that we've retraced a bit further than my predicted area. This chart is a bit tricky because I'm not sure if we've found the bottom yet. If the bottom is in then we can resume the wave (3) impulse from the previous chart. On this chart I've also mapped it out in the minor pink wave. The reason why I say this chart is a bit tricky is because most of the altcoins retracement has entered the .238 fib area and iota hasn't yet. A double three corrective wave is still at play here in which we go a bit further into the red ABC wave or lower. If we go lower than the previous chart and this minor pink wave is invalid and the blue wave should be in play. Blue wave (3) price target is 4.44. I'll update this chart if blue wave plays out or the price target gets reached.
