Iotxsetup
The Internet of Face Melting Mainnet Gains 🤑 | IoTeX ($IOTX)🤯 If you haven't heard of IoTex (IOTX), then you haven't been watching Binance charts. IOTX has been an absolute beast! That is likely in no small part to a mainnet launch coming up on June 1st. The reality is this Mainnet, launch titled "Machina," could be longterm bullish or just short term for IoTex, but for us this doesn't matter. Our goal is to map out some key levels of interest for anyone looking to go long into the mainnet launch.
Two key levels to watch for support are S1 and S2. S1 is a great place to find support if we are going to retest or even breach the previous high before June 1st. At S2 things start favoring the bears, as S2 is a perfect setup for a dead cat. S3 is the last level of support we are watching short term, but this is where bears need to consider a potential short.
Meanwhile to the upside, R1 is the main resistance level to watch, although the current range could also become a notable resistance if we travel lower.
In general here, as exciting as the new tech is, traders should keep in mind what makes this chart attractive is the momentum and current clear uptrend. If the momentum and uptrend are lost, we are likely not to be looking to chart this one again for a while.
(GG Bears)
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IOTXUSDT formed bullish BAT | A good long opportunityPriceline of IoTeX / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.004652 to 0.004595
Sell between: 0.004788 to 0.004991
Regards,
Atif Akbar (moon333)
IOTXBTC forming bullish Gartley | Upto 42% bullish moveThe price action of IoTeX / Bitcoin is forming bullish Gartley pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000050 to 0.00000045
Sell between: 0.00000054 to 0.00000064
Enjoy your profits and regards,
Atif Akbar (moon333)
GOOD Fundamental Surrounded $IOTX, GOOD Time to Jump In?This token only age few months but already got Binance attention and listed there. IOTX is the privacy-centric blockchain infrastructure for the Internet of Things (IoT). They has released their very own beta testnet on 8/30/2018.
Because of their background team and also their partnerships are pretty awesome.
By those factor we can judge the credibility, well a slight clue is better than nothing at all.
I'm looking for a candle above 218 sats to confirm that the trend on going and break the current low resistance.
Chart has bottomed so hard from 900 sats. All the way down. If this holding it up, will judge my short targets will reached around 260 sats and 329 sats. Well, it's not impossible. A certain pump might get this even 100%.
But i will never depend my money on bad speculation filled with emotional decision like that. RSI Level confidently going north, plus my entry indicator actually has showing it that good time to enter days ago but i need to be more convinced my self.
Trade safe!