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IOTABTC trade ideas

IOTA MOMENTUM COIL ALMOST COMPLETE- HIGH TIMES TO COMEGood day to you all. Today I will be talking to you about IOTA- the sometimes maligned, but always tradable crypto we all love to.... well, you get the message! The good news is that we are ever so close to testing some local highs, and beyond. The even better news is that it is still currently priced at approx 20% of its' ATH (and only 3k SATS away from the perceived bottom). I have an expectation that the current distribution phase (which has been current since the end of August) is reaching its' crescendo- and I am hoping for prices to retrace to 7800-7900 SATS. I will be buying fairly heavily until 8900 Sats. You will find my TP targets within the chart. I also encourage to let between 5-10% run... You'd just never know! See you in the Ghetto...
Long
by GhettoLimo
$IOTA, Otra Ves… Weekly Looking at our trend timeframe we see price has found support at 7000 satoshis, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for a reversal, a close above resistance and expect a radical push towards 15000. Daily Shifting over to our pattern timeframe we see price has broke out of its minor downtrend and formed a higher high. Stochastic RSI showing momentum is looking for support, price has formed a higher low at 9000. A daily close above 9500 and expect a higher high to form near 13000, however if rejected at this level expect a sell off towards 7000.
Long
by UnknownUnicorn2434649
IOTA/BTC with 2 support lines.IOTA is in Falling Wedge formation, which should be a bullish one if price break that upper resistance line. To catch another bullish move is to buy IOTA at Wedge lower support line. It may be between 5500 and 4750 sat. (depends where it will hit). It can have an upward bounce at 6800 satoshi, but that second line at around 4750 is a better one in my opinion. As it's either a strong support line and it's close to Wedge lower line. ----------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss. If you like my charts, follow me on Twitter or Steemit.
by Voytech
2
There is a possibility of the beginning an uptrend in IOTABTCTechnical analysis: . IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000096 to 0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000096) Ending of entry zone (0.000082) 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= @ 0.00011100 TP2= @ 0.00013100 TP3= @ 0.00014200 TP4= @ 0.00016400 TP5= @ 0.00018600 TP6= @ 0.00020400 TP7= @ 0.00023500 TP8= @ 0.00028200 TP9= @ 0.00034000 TP10= Free
Long
by ForecastCity
There is a possibility of the beginning an uptrend in IOTABTCTechnical analysis: . IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000096 to 0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000096) Ending of entry zone (0.000082) 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= @ 0.00011100 TP2= @ 0.00013100 TP3= @ 0.00014200 TP4= @ 0.00016400 TP5= @ 0.00018600 TP6= @ 0.00020400 TP7= @ 0.00023500 TP8= @ 0.00028200 TP9= @ 0.00034000 TP10= Free
Long
by ForecastCity
IOTA - watch for entry over next 3 - 6 daysIOTA has turned the corner and appears to be on an uptrend again. It currently looks to be in an ABC correction, which I don't think has been completed yet - whilst the 4 could be where marked and we go up from here, I think more likely the 4 will be put in lower down. Based on the count given, we could see this come back to the 0.5fib around 9.3k sats, or I think more likely down to the 0.618 around 8.9k. If it drops below 8.7k then the count given is invalid and we could see a retrace on the whole move to the low 8k's. If the count is proven valid by a turn at the 0.5 or 0.618 then we can target up to the 1:1 extension (12.8k) - or perhaps even further to the next major resistance in that range around 13.7k for a possible 50%+ gain. As always, it all depends on BTC behaving.
Long
by spruce_g00se
IOTABTC buy scenario! Hello my Crypto friends! Today I'm going to look at BINANCE:IOTABTC at 1h timeframe. IOTA broke the downtrend with strong impulse. As you can see, IOTA is in the correction. I think this correction will be over soon. In this correction I can see two completed waves. I can see divergence between first and third waves what can be a god sign for a reversal. Be careful, it can go lower to -0.27 or -0.618 fib level and from there it can reverse. This is the reason why i will wait for the break and the flag before the buy. So keep an eye on it, be patient & trade with care! REMEMBER: I'm only interesting in the buy! So, please don't jump in buy to early, patience is the key! If you want i will do update on this pair! Don't forget to hit the like/follow button and write comment! So keep an eye on it, be patient & trade with care!
Long
by AntonioM