IOTAETH - Support, Resistance and TPThe price came out of the area of the dynamic resistance line, which is 4 years old, which may mean a new trend - up.
Chart show's the key points and profit zone.
Profit is huge -1450%.
Enough to make you rich.
It's worth a try.
Miotaeth
IOTA 140 $ LONG TERMIs IOTA 140 dollar price target crazy to call ?
No , just by reading the chart it's easy what it did at the bottom; a 10 x and it will be more epic when it will be forming the U-form and do back a 10 x.
Do you think I am crazy or just realistic view ?
I would like to read your comments and to hear from you.
Peace
A trading opportunity to buy in IOTAETHTechnical analysis:
. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00133)
Ending of entry zone (0.00123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001470
TP2= @ 0.001610
TP3= @ 0.001770
TP4= @ 0.001920
TP5= @ 0.002129
TP6= @ 0.002420
TP7= @ 0.002711
TP8= @ 0.003650
TP9= Free
A trading opportunity to buy in IOTAETHTechnical analysis:
. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 19.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00160 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00160)
Ending of entry zone (0.00150)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00176600
TP2= @ 0.00186000
TP3= @ 0.00200700
TP4= @ 0.00231500
TP5= @ 0.00245000
TP6= @ 0.00257000
TP7= @ 0.00282500
TP8= @ 0.00305800
TP9= @ 0.00335000
TP10= @ 0.00365000
TP11= Free
A second Chance to Buy in IOTAETH ...Midterm forecast:
There is no trend in the market and the price is in a Down Trend, but we forecast resumption of uptrend.
Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 36.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.00203). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00203).
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.
Total Profit: 410080 pip
Closed trade(s): 263840 Profit
Open trade(s): 29248 Profit
Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit.
8368 + 25368 + 52368 + 67368 + 110368 = 263840
Open Profit:
Profit for one trade is 0.00206880 (current price) - 0.00177632 (open price) = 29248 pip
5 trade(s) still open, therefore total profit for open trade(s) is 29248 x 5 = 146240 pip
All SLs moved to Break-even point.
Take Profit:
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
A second Chance to Buy in IOTAETH ...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 48.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.002331). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.002331).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.
Total Profit: 617865 pip
Closed trade(s): 263840 Profit
Open trade(s): 354025 Profit
Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit.
8368 + 25368 + 52368 + 67368 + 110368 = 263840
Open Profit:
Profit for one trade is 0.00248437 (current price) - 0.00177632 (open price) = 70805 pip
5 trade(s) still open, therefore total profit for open trade(s) is 70805 x 5 = 354025 pip
All SLs moved to Break-even point.
Take Profit:
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
IOTA lose your ETH !IOTA/USD falling wedge, broke important support line S1, going to the S2. CCI-Indicator is broken. Sell position.