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IOTXUSDT

IOTX buy/long setupAfter the drops it has had, it has formed a bullish iCH on the chart and then shows bullish signs by creating higher Ls. By maintaining Demand, it can move towards TPs. TPs are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
#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🌴
Long
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🌴
Long
by MyCryptoParadise
1
IOTX coin, highlighting the head and shoulders pattern and...Analysis of IOTX Coin: Head and Shoulders Pattern Current Pattern: The IOTX coin is currently exhibiting a head and shoulders pattern, which is a classic bearish reversal signal. This pattern consists of three peaks: the middle peak (head) being higher than the two outer peaks (shoulders). Resistance Level: We are now approaching a key resistance level. If the price gets rejected at this resistance, we could see a continuation of the bearish trend. Potential Scenario: • Bearish Reversal: Given the head and shoulders pattern, if the price fails to break above the resistance, it is likely that we will see a bearish reversal. • Price Target: Should the price get rejected from the resistance, the first support level to watch is the neckline of the head and shoulders pattern. If this level is breached, the next significant support level would be the lower bound from recent price actions. Summary: • Pattern: Head and Shoulders (Bearish) • Resistance Level: Current price level, acting as a neckline. • Support Levels: • Initial Support: The neckline of the head and shoulders pattern. • Further Support: Lower historical support level from recent price actions. Trading Strategy: • Monitor the Resistance: Watch for price action around the current resistance level. • Potential Rejection: If rejected, look for the price to move towards the neckline and potentially lower support levels. • Stop-Loss and Take-Profit: Consider setting stop-loss orders just above the resistance level and take-profit orders around the support levels. Conclusion: The IOTX coin is showing signs of a bearish head and shoulders pattern. Caution is advised as the price approaches the resistance level. If rejected, prepare for potential downward movement towards the initial support level and beyond. This post should effectively communicate your analysis and trading strategy for the IOTX coin based on the current head and shoulders pattern and the potential rejection from the resistance level. When trading IoTeX (IOTX) or any cryptocurrency, be cautious. All trades are made at your own risk and responsibility. Make sure to thoroughly research and consider your financial situation before making any decisions. BINANCE:IOTXUSDT
by rebenga93
IOTX Weekly Chart AnalysisHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: #IOTX is under a symmetrical triangle pattern, breaking down below the 50 EMA. The price is in a downtrend, suggesting a further 35% to 40% drop from the current market price (CMP). If IOTX breaks above the resistance trendline, whether from the CMP level or after reaching the mentioned support, it will create a bullish sentiment and a 5x to 10x rally can be expected. The lower support level at $0.013 will still hold the fall if we see a breakdown below the triangle. - CMP: $0.03712 - Primary Support: $0.024 - Lower Support: $0.013 - Primary Resistance: $0.0628 - Long-term Target: $0.263 DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
IOTX looks a rocketWe seem to be inside a large diametric. We now seem to be in wave D of this diametric. Wave D looks like a normal contraction triangle. We are looking for buy/long positions on the green range. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
Alikze => IOTX | Pullback to broken supply areaIn the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box area, and in the first phase, it will be supplied to the next area, and after its failure, it will be able to grow to the next area. If the behavior and structure of the post changes, it will be updated. 🟩Sup: 0.04880 ⛳️Tp 1:0.07940 ~ 0.08550 ⛳️ Tp2 : 0.14045 ~ 0.15067 ----------------- 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.❤️
Long
by alikze
4
IOTX/USDT Show a bounce from the support, Indicating reversal!💎 Paradisers, #IOTX has recently experienced significant market dynamics, exhibiting a bounce from the support area. 💎 A breakout from the current pattern could probability signal a bullish reversal, propelling the price upward toward the strong resistance area. 💎 However, if #IOTX fails to breach the resistance trendline and remains in consolidation around the support area, this could indicate weakness in the bullish momentum. In such a scenario, there's a possibility that #IOTX might break below the support level and continue its downward trajectory toward the lower support around $0.048. 💎 In the event of a breakdown, it's crucial for #IOTX to bounce decisively from the $0.048 support level, as it represents a critical area for maintaining bullish momentum. Failure to bounce and reclaim the price above the $0.07 support area could result in further downward movement.
by MyCryptoParadise_Nathan
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.
Long
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.
Long
by MyCryptoParadise_Simon
1
IOTX/USDT Reclaimed above the resistance, Continue Bullish move?💎 IOTX has been making notable strides in the market lately. It has successfully reclaimed its position above a key resistance level, which could be a positive indicator. 💎 Following its retesting phase, IOTX is poised for a probability upward trajectory as it aims to challenge the Bearish OB zone once more. However, should IOTX close below the resistance area daily, it could signify a false breakout. In such a scenario, there's a likelihood that IOTX might resume a downward movement, heading toward the demand zone. The demand area is critical for IOTX's recovery and upward continuation. A strong bounce in this zone is essential to prevent further decline. Failure to maintain momentum in this area could result in IOTX descending towards the support level, and possibly even lower, underscoring the significance of this juncture for its market trajectory.
by MyCryptoParadise_Nathan
IOTX/USDT Process for retesting phase at the support!!💎 IOTX has notably captured the market's attention, especially after breaking through a key resistance area, which led to a substantial upward movement. However, IOTX hasn't yet entered a retesting phase at what was previously a resistance level, now acting as support. 💎 Recently, IOTX has shown a downward trend toward this support area, potentially signaling the start of a retesting phase before it can resume its upward trajectory. The Probability next notable target in this journey is the bearish OB area. 💎 During this critical retesting phase, it is essential for IOTX to demonstrate a robust bounce off the support area to continue its upward momentum. If IOTX fails to sustain above this support, there's a possibility it could break below this level, retreating towards the bullish OB zone around $0.028. 💎 The bullish OB zone at $0.028 becomes a crucial area for IOTX. For IOTX to maintain its bullish trend, a strong rebound from this level is necessary, aiming to surpass and sustain above the former resistance level. This rebound is crucial for IOTX to continue its ascent towards the strong resistance. Conversely, if IOTX fails to hold this bullish OB level and breaks down, it could indicate a shift towards a stronger support area.
by MyCryptoParadise