Iotausdt
IOTA.USDT (Y20.P3.E1).Stalking for nowHi All,
Another ALT lurking near key area.
Thoughts:
> Like to see it break this key level as its already broke 1 of 2, the other being the lead in slope trend-line.
> Its had a nice upward trend line so far.
> If it breaks, I will look for a bullish candle of sort, either on the 8, 12, or daily.
> Use the daily 21 EMA for a strategy
> Depending how it breaks it, I might look for a retest (pullback) before jumping in.
Either way, its another one to keep an eye on.
Daily chart with 21 EMA moving along with the trend
cheers,
S.Sari
IOTAUSDT ANALYSISBase on my analysis, if you have IOTA, you may wait to see the candles' the next move;
a) if the candles go down, you should sell it,
b) if the candles pass the resistance line(0.2814), you should keep it.
If you want to buy IOTA, you should
a) if the resistance line(0.2814) turns the support line, you will buy it, or
b) if the candles go down, you should wait the candles cross the support line(0.2192)
and also you may help from EngineeringRobo's signals.
Target in the long-term Resistance line.Hello, traders.
IOT/USD is above a short term uptrend line since march, and after the price broked an important resistance level the chart begging to present a bullish structure. But we are reaching the long-term resistance line which, will be a very significant resistance for IOTA.
The target is the resistance line, so it's not time to buy this asset.
Please push like button and follow us on tradingview.
IOTA USDT Possible Short Opportunity?The IOTA price has been in a descending channel since the high of 0.2585 on the 4th June. It has been respecting a high resistance trendline (which goes all the way back to Feb 2020), down to the more recent mid and lower support trendlines as shown on the attached chart. The mid support and lower support trendline represent a price drop of 14% and 19% respectively from the high resistance trendline.
At present IOTA is approaching the higher resisting trendline at 0.2330 and could represent a worthy short opportunity, assuming the month-long downward trend continues.
There is also a chance the price could breakout of the current month long down trend therefore, patience and confirmation of trend direction prior to making a move is key.
These are only my own thoughts and do not represent financial advice. Do your own research.
IOTA/BTC (Back at Key Support, Will Start new trend?)IOTA/BTC
-the is price back at the previous resistance zone
-and has the potential to flip new support
-it has also broken the downward trendline
-but there is a minor resistance at 2400s level
-I recommend buying only if we can break/close above 2400
-your target is the recent top at the 2700s or higher
-stop loss is placed under the 2300s
IOTA/USD - the upward channelIt's moving in the channel.
Now we're standing in the middle of the channel.
We're also standing at $0.20.
I'm gonna try the log to the upper edge of the channel.
Cancel long position: breakout of the zone 0.20$.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
IOTA's Stairway to HeavenIota like a little chad broke out from its bullish pennant and is now travelling towards the moon in this ascending channel. I am not trading this but it will be a fun watch. Iota never stays too far behind XRP and I guess now is the time to make some gains before BTC decides what it wants.
Decay coinsSome speculative theory regarding the decaying nature of major altcoins, It can be seen that in the outer 1.618 fib ring in the ealy days of IOTA decay was present before lift off. Is this happening on a larger scale? Two pumps to .5 fibonacci retracement level support this theory that the next fib transition will produce a bullish outcome.
IOTA Analysis!IOTA
Looking to trend down along the Gann line of 2/1
Looks bearish on this small time frame but on a larger time frame this can be observed from both angles as very bullish
I was long once on IOTA, F
Can someone let me know if im doing this fibonacci thing right? I've been doing it for a little now