IOTABTCIOTABTC update
Entonnoir : W/D/H4 (swing)
IOTA vient enfin de sortir de son range daily (jaune) et de casser les ~8000 aka le dernier sommet weekly (entouré blanc), enclenchant ainsi un biais haussier.
C'est arrivé quand je dormais donc je vais attendre la prochaine sortie de compression M30 pour me placer à l'achat.
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Funnel : W/D/H4 (swing)
IOTA finally broke out from its daily compression (yellow) and broke the ~8000 aka the last weekly top (white circle), which started a bullish bias.
It happened overnight while I was sleeping so I'll wait the next compression breakout on M30 to go long.
IOTABTC trade ideas
Iota/Btc!!!! Will come back to lifeIota/Btc will come back to life. Like most coins its in the middle of a reversal pattern in the form of an inverse head and shoulders. The green dashed lines are targets for the future. How long it will take to get there is anyones guess. Right around not its not a bad time to buy for the long term (btc/sats wise). Like always dont jump into things and protect ur mula.
IOTA/BTC long scalp Idea: Miota Fib zones to watch (21min chart)Quick chart to plot a long scalp that might turn to runner.
IOTABTC has been following this fib sequence pretty closely.
There are a lot of fudnamental reasons for this coin to rise.
The 2.618-.764 band is of interest, a common retrace target.
Want to see a disctinct bounce at the 2.618 then retest of 2.764.
If conditions are right, the 4.236-.382 band will be first target.
Trailing stops are best in these situations, in case it runs.
IOTABTCIOTABTC update
Entonnoir : W/D/H4 (swing)
Mon AT précédente tient toujours, je ne prends pas position avant la cassure du dernier sommet weekly (entouré blanc) vers les ~8000 car le prix se ballade en plein milieu du range weekly (blanc) avec un biais baissier mais il y a peu de marge pour faire quoi que ce soit à la vente vu tous les niveaux de S/R présents dans le bas du range weekly.
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Funnel : W/D/H4 (swing)
Still out of this pair as long as we don't break the last weekly top (white circle) at ~8000. The price is evolving in the middle of the weekly range (white) with a bearish bias but there is no reason to short because of all the zones of S/R at the bottom of this weekly range.
IOTA/BTC Long1-Technical analysis:
#Classic Analysis: Price on bullish long-term trend line
& is in minor supportive zone
2-Position details:
*Entry: Trigger in buy zone
*Stop loss=0.0000586-0.0000608
*Take profit 1=0.0000848-0.0000866
*Take profit 2=0.0000992-0.000100
*Take profit 3=0.000115-0.000118
*Profit/Loss ratio= 1.5 minimum (based on TP1)