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Iotex

IoTeX | Long Term Profits Plan Hello traders! There's hype in the air as BTC has moved within a bullish wave even though we are inside a descendant channel point. So, it could either re-test resistance at about 70k again or get back inside the range. So here's an idea to use in the long term for IoTeX 1) Price has been in a range for a long time and within this range best zones to buy would be at: 0.013 - 0.021 these may get re-tested before the bull run so you can set up some price alerts. Or if you feel brave you can enter at 0.031 which is the current monthly support Verify entry points at lower time frames with the strategy of your choice. 2) TARGETS: The nearest one would be 0.060 - 0.070 but within the range it could go up to 0.10 but if that happens then the range would be broken leading to an uptrend which must coincide with the bull run so before it happens, it will drop heavily so I suggest to TP safely at 0.060 - 0.070 for the time being. This idea is to spot for the long term. This asset is still in a balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a bullish triangle pattern on the daily timeframe playing out right now. I hope you find it useful and are able to take advantage of this idea. Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio. Keep it shiny ⭐ Kina, The Girly Trader
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by KinaStar
#IOTXUSDT Poised for Major Breakout: Key Levels to WatchYello, Paradisers! Could we be on the brink of a game-changing breakout for #IOTX? Let's look at the latest analysis of the #IOTXUSDT and see what's happening: 💎Our analysis indicates that #IOTX is currently navigating a descending channel on the daily timeframe, with the price closely adhering to the trendlines. Recent market movements hint at a potential breakout due to improving market sentiment. 💎Currently, #IOTeX is approaching a critical support zone between $0.037 and $0.040, a key area filled with liquidity. This zone could serve as a springboard for a breakout above the descending resistance line, signaling a possible trend reversal in line with our bullish outlook. 💎A bounce from the major support zone at $0.037-$0.040 could ignite an upward rally. Watch for strong buying interest here. 💎If the liquidity at the major support zone isn't enough, we might see a move down to $0.031. A strong buying response at this level could still spark a bullish run for #IOTXUSDT. 💎However, if both the major and lower support levels fail, SEED_DONKEYDAN_MARKET_CAP:IOTX might face increased bearish pressure, possibly leading to further declines. As always, stay sharp and manage your risk. MyCryptoParadise iFeel the success🌴
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by MyCryptoParadise_Simon
Potential Bullish Breakout for #IOTXUSDT – Don’t Miss This Yello Paradisers! Have you been tracking #IOTXSDT lately? If not, now's the time to focus. It is currently approaching a critical key support zone at $0.04634 and also showing strong momentum above the EMA, suggesting a potential bullish breakout. 💎In our previous observations, #IOTXUSDT faced continuous rejection from descending resistance. Now, it’s breaking above and probably retesting the channel resistance. We are expecting a probable bullish move from the key support at $0.04634. 💎If #IOTXUSD continues to sustain its momentum above this EMA and support, there's a high probability it will challenge the supply area at $0.06608 again, potentially breaking above the resistance. 💎However, if #IOTeX fails to maintain its momentum above the EMA and drops below the lower demand zone, we could see a significant price drop and bullish invalidation. Remember to employ prudent trading strategies and use proper stop-loss measures. Stay alert to market movements for timely updates. MyCryptoParadise iFeel the success🌴
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by MyCryptoParadise
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IoTeXOne of the great projects in the crypto market which show promising future. The technical analysis is straightforward; well, almost. After the previous impulse wave ended, price entered a corrective wave and now it seems finished around 0.5 Fibonacci retracement. Also, there is a consolidation zone shaped like a box or more likely a triangle in which the price has been oscillating for a while. Let see what happens after price break this consolidation zone upward.
BINANCE:IOTXUSDLong
by SaeedSalehinia
Alikze »» ZIL | Ziliqa is breaking the descending channelIn time W1 and D1, after forming a floor in the area and collecting liquidity in the area of 0.38 Fibo, it is currently exiting the descending channel. With the support of the range of 0.02440, in the first step, the ability to reach the supply zone is determined, which will be provided for the continuation of the upward trend of the currency in case of the failure of the path zone. 🟩Sup:0.02440 ⛳️Tp1 : 0.049 ⛳️Tp2 : 0.07320 ⛳️Tp3 : 0.08545 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
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by alikze
IOTX/USDT Ready to Reclaim its Recent Top? 👀🚀IOTX Analysis💎Pay attention, Paradisers! #IOTXUSDT is creating buzz, gearing up for a bullish shift from the pivotal support at $0.062. 💎If SEED_DONKEYDAN_MARKET_CAP:IOTX can hold its momentum at this mark, there's a strong likelihood of embarking on a bullish journey, echoed by the price's historical reverence for this level on three occasions, solidifying it as a robust support. 💎However, if the upward trajectory of #IoTeX starts to diminish and breaches below the $0.062 support, we'll turn our attention to a lower demand zone at $0.056. With significant liquidity poised at this level, we expect a necessary descent to this more probable zone for a rebound. 💎Maintaining alertness is crucial: a fall beyond this subsequent support could signal a more pronounced bearish trend as the market sentiment shifts towards a sell-off. Stay vigilant, traders, as we navigate the unfolding dynamics of the #IOTX market.
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by MyCryptoParadise_Simon
IOTX/USDT Ready for a Bullish journey? 👀🚀 IOTX Analysis💎 Paradisers, let's shift our focus to #IOTXUSDT, as it's currently showing potential for a major move from a key demand level. 💎 #IoTex is charting an upward path, indicating a potential bullish breakout from its current demand zone. We're expecting a retest of the demand level at $0.038, in light of the significant supply zone ahead. If #IOTX maintains its position above this level, it might initiate a rise towards the major supply zone at $0.060. 💎 However, if #IOTX encounters challenges in holding its ground above the support, we may need to reconsider our trading strategy. In such a case, our focus could shift towards triggering a bullish movement from a lower bullish Order Block (OB). 💎 It's imperative to monitor this level closely, as a fall below it could lead to a substantial downward trend. 💎 Stay vigilant and ready to pivot, Paradisers. Your ParadiseTeam is dedicated to providing the latest insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market changes.
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by MyCryptoParadise_Simon
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IoTeX chart analysis considering the adresses in profit🤑Here is a weekly IoTeX chart analysis considering the adresses in profit situation at every past peak🤑 I don't expect huge profit taking now since only 63% of all adresses are in profit right now. IOTX also not at FIB 50% or Golden Pocket so far after the clear bullish breakout. Much more room to grow dear Crypto Nation😎 Comments💭, Likes♥️ and Follow🔗appreciated dear Crypto Nation😎 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
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by Crypto4Everybody
4
IOTX ready for breakout hello dear trader and investors iotex ready for breakout downtrend channel and in short term can more than 100 % profit What is IoTeX blockchain? IoTeX is an open source platform at the intersection of blockchain and the Internet of Things, on a mission to enable the future decentralized machine economy. It seeks to build a connected world where machines, humans, businesses, and decentralized applications (DApps) can interact with trust and privacy. good luck ... mehdi
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by mehdi_kb
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IOTX/USDT Ready for Next Upward ?? Iotex Today AnalysisHello Paradisers, turn your attention to a coin with potential! 💎IOTX has emerged from its descending channel pattern and is currently attempting to breach the supply zone. If it struggles to surpass this supply, IOTX might retreat to the demand zone between 0.01760 - 0.0173, before potentially resuming its bullish ascent. 💎For those considering an entry, you might either anticipate a clear break above the supply or patiently wait for a touch within the aforementioned demand range. 💎Stay vigilant, ParadiseSquad! 🌴 This analysis might need reconsideration if IOTX concludes the day below the 0.001650 mark.
by MyCryptoParadise_Nathan
MACD Divergence and Support Reclamation on #IOTXUSDTThe recent price action in #IOTXUSDT has shown some interesting developments. After briefly entering a bearish zone, we are now witnessing a potential shift in momentum. Here's what we're observing: 💎Bullish Divergence: The MACD indicator is displaying a bullish divergence, indicating a potential reversal in the price trend. 💎Support Reclaimed: Price has managed to climb back above the support level, which is a positive sign for buyers. 💎Fibonacci Retracement: The 50% Fibonacci retracement level has proven to be a significant area of support, with a clean bounce occurring for the second time. 💎Higher Highs and Higher Lows: On the lower timeframes, we are starting to see the formation of higher highs (HH) and higher lows (HL), suggesting a short-term growth potential. Considering these factors, as long as #IoTeX remains above the Fibonacci support, there is a high probability of a fast 10% rise. It's important to note that price spikes below the Fibonacci levels may occur, but only a new lower low would be a serious warning sign for the buyers.
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by MyCryptoParadise
1
Analyzing the Breakout: #IOTXUSDT Gains Momentum Above Trendline💎#IOTXUSDT has made significant moves in recent price action, breaking above the downtrend trendline and the recent high. And this breakout might have signaled a growing bullish momentum. 💎Prior to the breakout, the price successfully rejected the uptrend trendline, demonstrating the strength of the bulls in defending the support level. This validates the short-term uptrend, with a potential price increase towards the 61.8% Fibonacci retracement level. 💎Although the upside target is only 5% away, a daily break and close above the Fibonacci resistance could extend the upward push even further. 💎However, if #IOTXUSDT breaks below the support, it may present selling opportunities, as the probability of a short-term price drop would increase. We will keep you updated on the situation.
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by MyCryptoParadise
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