Iotausdt
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.251 (stop at 1.199)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.240, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Our profit targets will be 1.396 and 1.521
Resistance: 1.240 / 1.300 / 1.400
Support: 1.150 / 1.100 / 1.020
IOTA Buy the dip.IOTAUSDT - Intraday - We look to Buy at 0.993 (stop at 0.923)
Daily signals are bullish.
Trading close to the psychological 1.000 level.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 0.939.
Our profit targets will be 1.193 and 1.273
Resistance: 1.120 / 1.200 / 1.280
Support: 1.000 / 0.950 / 0.900
IOTA/USDT Potential Downward Movement 🔨🔨🔨Technical Analysis :
On the 1-hr time frame the price found liquidity around the 1.3000 level where the sellers jumped in and smashed the buyers and pushed the price downward. Now, we have wedge formation where the price broke out of the pattern to the downside, and it might cause a further move to the downside toward the 0.9872 mark.
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Trade Idea:
Sell Stop Order @ 1.1650
Take Profit @ 0.9872
Stop Loss @ 1.2541
Trade Safely 🙂
IOTA Might Be Smashed by the Sellers 🔨 🔨 🔨 💡 Trade Idea
📈 IOTAUSDT | Sell Stop Order @ 1.1650
🎯 Target Profit 0.9872
🛑 Stop Loss 1.2541
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a wedge formation where the pair found liquidity around the 1.3000 mark. A breakout of this pattern is seen to the downside where we expect further movement to the 0.9872 level.
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IOTA - strong demand at 1 - 1.2 USDFinally, the long-term holding of IOTA started to bear fruit. IOTA broke out of its accumulation phase and gained around 275% (0.42 to 1.6) since it has gone parabolic. Fundamentally, due to strong partnerships and Chrysalis part 2 soon-to-be released on the main-net, IOTA is becoming production ready with more and more use-cases emerging. Currently, many networks come with high transaction costs (such as BTC, ETH etc.) and IOTA can shine thanks to its fee-less nature.
However, the crypto currency market is generally still strongly correlated and today we experienced a strong selling activity. Iota fell back to 1 USD, but buyers are strong at 1 - 1.2USD/Iota while selling pressure is high above 1.3USD.
Technically, we broke down from our channel, due to lack of buying power and less volume occurring. We might experience more downward pressure which could lead to more wicks to 1 USD (0.5 FIB). Personally, I keep accumulating in the 0.9-1.1 USD region. For now, on the 4 hourly sellers seem exhausted.
This is no trading advice.
Good luck!
IOTA ascending triangle againIOTA setup looking quite promising. things are a bit shaky at the moment with BTC doing a slight correction, but we've seen IOTA hold up pretty well despite this over the last few days.
Anyway TP just on the FIB at 1.67. SL at the last low from several days ago at 1.2763
Entered at the bottom of this ascending triangle.
IOTAUSDTPERP Rising Wedge Coiling UpIOTAUSDTPERP is going up in rising wedge. Breaking the wedge is possible in couple of days at most. Breaking the wedge downward is more likely than upward. In case of breaking downward, we can find the price about 1.1 dollar levels. However, if the price would break otherwise, we can easily say that 2 dollars levels are closer than we could think of. Although rising wedges are more likely to be broken downward, I expect IOTA to break the wedge upward and achieve new all time highs. I do not think IOTA will be seeing 1.2 dollar levels.
IOTA/USDT BOWL FORMATION 1. My ideas do not include any investment advice
2. Make your own research, decision and take a risk
3. Do never ever invest your whole money into cyritos
4. Do not open more than 2x levereged long or short positions instead regard it as an alternative in your portfolio as risk management tool
5. Distribute your risk by making a basket of minimum 3-4 cyriptos in your wallet
My idea in IOTA in 15 minutes graph is a bolw is being completed soon and target is 1.80 in short term. If BTC stays stagnand and flat it an go till 2.35.
Good lucks .
inverse head and shoulders and triangle confirmed 1. My ideas do not include any investment advice
2. Make your own research, decision and take a risk
3. Do never ever invest your whole money into cyritos
4. Do not open more than 2x levereged long or short positions instead regard it as an alternative in your portfolio as risk management tool
5. Distribute your risk by making a basket of minimum 3-4 cyriptos in your wallet
My idea in IOTA in hourly graph is a confirmed inverse head and shoulders formation and now completing triangle formation 1st target is .1.80 and based on the demand, BTC's agression price can stay there or if BTC stays stagnand and flat it an go till 2.35.
Good lucks .
💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTAUSDT 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 52.
Take Profits:
TP1= @ 1.5730
TP2= @ 1.6660
TP3= @ 1.7470
TP4= @ 1.9650
TP5= @ 2.2070
SL= Break below S2
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💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTAUSDT 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 52.
Take Profits:
TP1= @ 1.5730
TP2= @ 1.6660
TP3= @ 1.7470
TP4= @ 1.9650
TP5= @ 2.2070
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️