IOTABTC trade ideas
IOTA Accumulation channel Triple bottom U-turn Potential 60-120%IOTA / BTC Accumulation channel in increments of 60%.
The price is now at the bottom of the channel, for some time it will move in lateral movement, then most likely to the channel resistance + 60% and then working out the reversal pattern a triple bottom . If this happens, there will be a reversal of the main trend.
Target for local work.
The potential of this local work is from + 60-120%.
Stop loss
Under the accumulation channel support line.
During the development of the upward movement, move it up at key levels so that your profit does not turn into a loss. But keep in mind the volatility of the instrument.
Iota Trade IdeaHello Traders,
Iota is inside of an huge rectangle structure on the par bitcoin. It would a great opportunity to buy it touch the rectangle deep.
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IOTA - leading diagonal or not ?IOTA created nice rising wedge, in our case it´s leading diagonal, which should have upward continuation. Invalidation level is below low, so this is really cool setup with pretty awesome risk reward ratio. It´s possible, that I will be out of this trade in few minutes, but deffinitely worth trying.
IOTA Good technical Position ,Long Opportunity #IOTA / BTC
🌐 Exchange : #BINANCE
▶️ Buy : 2580
👇 Targets :
✅ Tp 1 : 2800 (8%)
✅ Tp 2 : 3000 (16%)
✅ Tp 3 : 3250 (26%)
🔴 Stop loss Zone : 2350 ~ 2330
IOTA - end of 1st downtrend wave ?IOTA as the most altcoins, is probably back in downtrend, because current strong, impulse move from the top could be divided into 3 waves, now we are in 4th wave (triangle) and after triangle break downside, hit 2550 satoshi, then we should see 3- wave correction (if we are in DOWNTREND) or maybe 5 waves up (if we are still in UPTREND).
IOTA/BTC sitting on KEY Support, on verge of BreakOutHello friends, please hit the LIKES to motivate these posts.
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This is an alert for a possible strong breakout about to take place.
If you have been following IOTA then you are very familiar with this "sad" story.
There have been many "news" events that spike and then fad away to a lower low.
This "could" be the bottom into breakout that we have all been waiting for patiently.
Currently sitting on strong support, visible to the naked eye without any fibs.
The last jump was a perfect 4.236 wave, currently fighting its 1.618 resistance.
The blue 1.236 of this fib is part of the current strong support zone that must hold.
It is too early to project Targets, other than existing resistance zones from high tf Fibs.
The last jump could turn out to be a "wave 1' of an 12345 Impulsive wave off the bottom.
If so, this wave could easily challenge recent highs around the 8100 sats peak last March.
2667-2736 sats is Key support that MUST hold, any lower and bullish view is lost.
3415-3446 sats will be first strong resistance, with minor fibs below that zone.
3771-3826 sats is the last strong resistance ahead of a wide open space to jump.
I will post UPDATES as price action progresses.
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IOTA could gain 5 %IOTA could bounce on this major support and gain 5 % or more. The support seems to be strong with almost no false breakouts.
IOT/BTCAnother shitcoin looking as bullish as possible.
Expect a far superior run from IOTA than what we've had on Tezzies.
Plebs will be talking about "Tangle" more than they're currently talking about being bakers.
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin 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 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
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= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin 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 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
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= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
$MIOTA\BTC Updated view Updated view of the movement.
The correction occurred precisely in the buyer's zone of interest and did not allow it to fall below, we are in the buy zone.
Bitcoin correction spoiled the previous forecast, but we remain in the trend and there is a goal
IOTA - textbook uptrend continuationIOTA is damn bullish. We had nice 5 wave cycle up, then we go down in channel and we finally broke that channel with really good volume. The most "bearish" target is 4908 satoshi, but we can go easily much higher, I will close my LONG based on eliott wave on lower time frames. The best thing is, we can use really thin stoploss, so RRR is awesomely high. I am in since 3378 satoshi.
#IOTA STRONG - long term view - double bottom on weekly.I always say that - but people often look at too short time frames - and that needs repeating over and over again. What many see on 4H charts has nothing to do with long term 1W setups which to be honest are my favorite. Double bottom here on BTC will make this trade my #BTC harvester... since I simply am not going to sell at first green box target... Good luck everyone - IOTA STRONG.
We area so early - great opportunity...
