1D IOTX: Local bottom in after dump???As above.
Geez dump city folks!
Anyway, maybe IOTX has possibly hit rock bottom with RSI on the daily.
Might see some sideways movement in 0.1 price range for a short while and then if that holds, look for an uptrend to start sometime in February would be my best guess. Likely targets would be around 0.15, 0.18, 0.21 and 0.28. Would really like to see pump over 0.28 to really get the ball rolling towards possible ATH again.
Good luck traders.
IOTXUSD
IOTX LOOKS PRIMED TO GO PARABOLIC! I missed out on the last IOTX vertical breakout to ATH and have been watching it to try to ride the next wave. The chart looks real purdy right now from both macro and micro lens. MACD weekly lookin positive for now. Market is wild right now and im not sure how BTC movements will affect some of these alts. However, looks like a low risk set up to me. IOTX can have wild price swings so lines have some forgiveness and ive been setting my stop loss below the higher low trendline so that I dont get neutered by the big guys.
Relatively new to TA. Let me know if you agree/disagree. Also, looks like macro adam and eve w/ newly forming adam and eve that will lead to previous ATH. What do you think?
1D: IOTXUSD vs LUMBER...GOT WOOD? As above.
Interesting inverse correlation of LUMBER prices with IOTXUSD ....
When LUMBER prices drop to local low/bottom, IOTX seems to spike higher shortly after that.
Maximum bull run on IOTX happens soon after the crossover as LUMBER price action is on a major downswing and IOTX price action is on the up swing. Looks like this scenario might be playing out right now?
Will follow....
Good luck traders!
1D: IOTXUSD vs LUMBER.... Got Wood????As above.
Interesting inverse correlation of LUMBER prices with IOTXUSD....
When LUMBER prices drop to local low/bottom, IOTX seems to spike shortly after that.
Maximum bull run on IOTX happens soon after the crossover as LUMBER price action is on a major downswing and IOTX price action is on the up swing. Looks like this scenario might be playing out right now?
Will follow....
Good luck traders!
IOTX is good and old fashioned and spikyHi guys,
DR is an old fashioned dynamic resistance or Target, we believe it's not that much probable to reach that, but:
if you hold and market crosses the R1 line, make it risk-free and wait for S2 at least...
these are Moon signals that we're not really used to publishing. but these recent signals? we couldn't ignore...
keep in touch
IOTX long reversalTotal market:
- Bulls held up total market on weekly chart, looking to see a bullish reversal for the upcoming week
Daily:
- Price currently at strong daily support, bulls coming back into the market
4H:
- Had strong push and close above both MAs
1H:
- formed flag down to the 0.5 fib level which has been respected. Broke out of downtrend line with strong bb break
Trade Management:
- Will be based discretionally
Stop loss: 0.0709
- below VPVR and 0.382 fib level
Take profit: 0.0943
- at 1.618 fib extension of flag, also near prominent resistance / support level on higher time frames
Trade would be invalidated if we fail to break 0 fib level in a timely manor (ultimately invalidating flag pattern, meaning more chop consolidation incoming)
IOTX, short-term bullish, pay attention to risksIOTX
The current price is around 0.09
Anticipating the situation:
1. After the shocks are sorted out, it is possible to reach a higher level in the next 3-5 days, with a target of 0.0985-0.101 and 0.11.
2. If it can't break through, it will fall down. If it can fall below 0.0734, the falling targets in March are 0.04 and 0.028.
IOTX, you need to be patient and wait for the opportunity to buyIt is basically confirmed that IOTX is completing the end of a round of adjustment.
Buying price: 0.0585-0.062, 30% of the position; the other 70% is best to trade on the right side;
Stop Loss: 0.055
Target:
0.135
0.215
0.36
0.42
good luck!
IOTXUSDT, We are in buy zone areaHello everybody
According to the chart and previous analysis, the price is moving up in upward channel from the beginning
In last analysis we expect the price can go upwards because we have the midline support zone area but its not happening and now we are in important support of key level.
If this support lose and the price can consolidation below of it the trend can change and the bearish have more power of the market.
In this zone we can buy 1 step because it has nice R/r but put our stop below the support zone area and put our take profit like exactly our shown on chart.
Good Luck
Abtin
Previous analysis :
IOTXUSDT, This movement can be happenHello evreybody
According to the chart, the price was moved into upwards channel.
The trend of movement until now is upward but the power of price and the momentum is becoming weak, according to the trend we expect the price that can go up and move upward again and touch top of the channel but if it can break the key point level the trend will change to downward and we expect the price can move downwards until reach to the bottom of the channel.
If you have any question send us messages in private
Good Luck
Abtin