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IOTA / Bitcoin

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IOTABTC trade ideas

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 34. . 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 (0.0000750 to 0.0000600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000750) Ending of entry zone (0.0000600) 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= @ 0.00009360 TP2= @ 0.00011400 TP3= @ 0.00013100 TP4= @ 0.00014310 TP5= @ 0.00016640 TP6= @ 0.00018980 TP7= @ 0.00026570 TP8= @ 0.00031200 TP9= Free
Long
by ForecastCity
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 34. . 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 (0.0000750 to 0.0000600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000750) Ending of entry zone (0.0000600) 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= @ 0.00009360 TP2= @ 0.00011400 TP3= @ 0.00013100 TP4= @ 0.00014310 TP5= @ 0.00016640 TP6= @ 0.00018980 TP7= @ 0.00026570 TP8= @ 0.00031200 TP9= Free
Long
by ForecastCity
Analytics IOTA/BTCAn old project with its own fast blockchain, focused on processing a large number of microtransactions and ensuring the functioning of IoT. The team has agreements with many manufacturing giants. The asset began to gain trading volumes in early August and saves them. The coin does not show any behavior anomalies on the chart and follows the market. Now the rate is in a zone of consolidation. Comfortable asset entry point 0,0000822-0,0000798. If the current week closes above 0.0000927, then the entry point will have to be shifted up. In spite of the big trading volumes, they are speculative in nature, the coin does not deposit in the portfolios. Intraday trading is quite difficult, because the average volatility is about 3%. But high liquidity allows you to manage risks by exposing stop-losses. The potential in the medium term is within 200%. The coin is promising for long-term investments.
by ZOGRAS