IOTAUSD trade ideas
What is IOTA waiting for?742 days of accumulation. This is no joke. It seems some large institutions have been buy IOTA over the last 2 years. It could be a matter of days now before it breaks out of this trend range, but then it does, I think it will go tot he moon.
#Iota - Runs also #IOTUSD #Crypto $iotaThe resurrection until Easter Sunday is now already stretching to Christmas.
But there is still more to go.
Next target is 0,60 USD or 100% again.
Greetings
Stefan Bode
BUY SIGNAL ON IOTUSD. NEW UPTREND COMING SOON?Hello traders, follow and comment if you find the analysis useful.
Ater two months (September and October) testing supports and resistances within a channel between $ 0.23 and $ 0.295, prices broke the trendline reaching $ 0.43 before a new drop.
The MACD indicator provides a signal of the beginning of a new uptrend that we try to seize hoping that the IOTA projects will consolidate in the coming weeks by projecting the prices of the crypto towards the psychological target of $ 0.5.
If the positive signal of the indicator does not reflect on prices in the short term we could foresee a new period of low volatility in downtrend.
LONG IOTA/USDTThere is a great potential for this coin. Entry for the current investment for 1-3 months.
We will withdraw profit gradually, as the price rises.
Buy - 0,34
TP1 - 0,4
TP2 - 0,44
TP3 - 0,5
TP4 - 0,7
IOTA fighting resistance but showing strong supportIf we break the upper trendline we are looking at 0.7 price targets.
IOTA could do thisI have a strong feeling that IOTA could be gearing up for a strong pump. The last bull run price reached as high as 5.78 we are no where near that price at the moment.
IOTUSD Retracement Down To 0.3329$ OR 0.29$...IOTUSD Retracement Down To 0.3329$ OR 0.29$... maybe we retest 0.36$ once again before retracement but I don't think we'll break it.
IOTUSD Test Of Uptrend Channel AND 0.36$ Resistance...IOTUSD Test Of Uptrend Channel AND 0.32$ Resistance... We just tested our previous uptrend channel and 0.36$ resistance. Would be huge if we get back into the uptrend channel. :D
IOT starting to squeezeBITFINEX:IOTUSD really failed to capture any of the bullish momentum of the last week. It was a definite underperformer among the highest volume cryptocurrencies. This morning triggered a signal that the volatility has slowly decreased into a wedge with a potential bearish breakout setup. Because this was the lagger of the recent momentum I'd say this is one of the weaker cryptocurrencies and an increased probability for a short.
