Iotausdt
Long IOTAUSDT ( 03/12/2020 ) Confluences:
+ Break Out ( BO ) Triangle on H4
+ Touch Trendline on D1
+ Fibonacci Retracement 0.7
+ Round Number ( ~0.34 )
- Take Profit:
+ Way 1:
- CLOSE FULL Profit at 1 R:R
- Way 2:
- 1/2 Profit at 1 R:R
- 1/2 Profit can use with 2 R:R, 3 R:R, ...,
Next Resistance ( My way is using Trailing SL
with SWING POINT )
IOTAUSDT - Far level retest.The price is returned for the retest level - the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
IOTA Buy the Support.IOTA - Intraday - We look to Buy at 0.2471 (stop at 0.2428)
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look to buy dips.
Dip buying offers good risk/reward.
Pivot support is at 0.2450.
We look for a temporary move lower.
Our profit targets will be 0.2595 and 0.2669
Resistance: 0.2570 / 0.2600 / 0.2660
Support: 0.2530 / 0.2500 / 0.2460
IOTAUSDT: Possible Long (09.11.2020)On D1, the RSI reached the oversold level, after which the price formed an initial upward impulse.
On H1, the RSI also reached the oversold level, indicating the end of the local correction for the first upside impulse. Also, the price found support at the Fibonacci level of 38.2% (mirror level of 61.8%).
We recommend buying IOTA in order to hold the position above $ 0.35.