Iotausdt
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.
IOTA/BTC (Test Major Support?)💎Technical Analysis Summary💎
BINANCE: IOTABTC
-IOTA is trading on a downtrend channel
-It is approaching the key support area at the 2100s sat
-If we see a reversal or channel breakout
-That's a good entry point with proper stop loss location
-The upside potential is up to 2900s sat or higher
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Not Financial Advice
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IOTAUSDT AnalysisBoth EngineeringRobo and I are bearish about IOTA at the moment.
IF you are holding IOTA, you should likely sell right away.
If you are interested in buying:
- Waiting for EngineeringRobo buy signals
- Watching the MA200 closely, and having open/close confirmation above the MA200 line
- Buy at support level 0.147
After you buy, watch closely for EngineeringRobo sell signals! If you want to use EngineeringRobo, DM me!
IOTA/BTC (Strong Bounce @ Golden Fib?)BINANCE: IOTABTC
-Strong bounce at major support area around 2500 sat
-This zone is a confluence of golden Fib level and 200D MA
-If the daily candle closes back above the trendline support
-There is a chance IOTA to test the 3100 sat potential new resistance
-Still very high risk, Bitcoin should stabilize for Altcoins to recover faster
-Please exercise proper risk management in this time of sell-off
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IOTA (MIOTA) - September 2Hello?
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We must see if we can ascend above the 0.38833201 point.
You should also check if you can get off the downtrend line.
It remains to be seen which of the two uptrend lines will rise.
To get out of the low range, we have to see if we can ascend above 0.57409842.
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The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance.
Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed.
However, I think it is necessary to carefully check the BTC price flow.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)