IOTA/USDT Binance (Trends/Levels)Huge head and shoulders? Do we test sub .70 - .50 ? DYOR. Not Financial Advice.
Iotausdt
IOTA - bullish wedge IOTA has formed a bullish wedge which could lead to a strong upside move. The trend has been dominating the price action since the beginning of June. Once we break with volume, we can target 1.4 or an extension to 1.6 USD.
IOTAIOTA found some support at 0.618 fib level but it should break descending resistance line. It will most likely retest the trendline that it broke. I think when Bitcoin rises it will follow.
💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
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💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
IOTA/USDT LIMIT BUY SIGNALCurrently, IOTA is right a the resistance, which might result in short-term selling pressure. But this pullback is likely to invite more buyers.
KEEP YOUR EYE ON IOTA (IOTA/USDT)!Hey everyone, hope all is well.
Please note, this prediction could still go either way. If Bitcoin decides to collapse, so does this coin - so trade with caution.
Best of luck!
Love, peace, Seb.
IOTA Sell a break.IOTAUSDT - Intraday - We look to Sell a break of 1.084 (stop at 1.144)
Price action has formed a bearish ending wedge formation.
Daily signals are mildly bearish.
Trend line resistance is located at 1.200.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Our profit targets will be 0.931 and 0.888
Resistance: 1.140 / 1.220 / 1.300
Support: 1.050 / 0.980 / 0.920
IOTA - RSI low, extreme fear offers opportunityThe FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high.
We broke a critical support at 1.70 and from there it was a free fall to the current support at around 0.68 and currently we are trading at 0.76. The crypto market is ruthless and we might see another leg down, but I also see a great recovery coming as history has it proven to us many times. It is interesting that less volume has moved the price much more down then it did beginning of Feb on the way up.
One thing has not changed at all during this sell-off - the technology.
This is no financial advice.
Happy trading!
MIOTA IOTAUSDT going longIOTA is breaking out after retesting the 50D EMA three times in a month. As long as it reminds above the 100D EMA it's a healthy buy set up.
Exit target can be set anywhere to 100% gain.
IOTA/USDT Binance (2hrs) Bouncing off support. Tomorrow I feel like IOTA starts making some surges and quick pull backs to support depending on BTC movement. Keeps reaching previous volatile levels in an uptrend. Lets see what bitcoin does through this nigh. Not financial advice. DYOR
IOTA Buy SetupIota is showing bullish signals with this formation of a symmetrical triangle, looks like a bullflag though on the weekly chart
this is very bullish
IOTA - Is it gonna break the resistanceChecking if Iota breaks the downslope resistance line - good place to short if it does not
IOTAUSDT been too greedy in a bear marketBeen overbought during Eth crash? welp
SL: 1.9136
TP: 2.2589
Simple as usual
