IOTAUSD trade ideas
IOTA (MIOTA) - September 2Hello?
Dear traders, nice to meet you.
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We must see if we can ascend above the 0.38833201 point.
You should also check if you can get off the downtrend line.
It remains to be seen which of the two uptrend lines will rise.
To get out of the low range, we have to see if we can ascend above 0.57409842.
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The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance.
Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed.
However, I think it is necessary to carefully check the BTC price flow.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
IOTA (MIOTA) - August 26Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We must see if we can ascend above the 0.38833201 point.
You also need to make sure you can get support at point 0.35335297.
If it falls at the point of 0.35335297, I think it is necessary to trade in installments to preserve profit and loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Months of support around this priceVery little risk in my opinion in investing around this price, the price is baked in it should not go lower, its been this for many months. Once your invested you should just wait until we break out of this consolidated price and see some up-hill movement, next level of major resistance is a $1 so some short term potential.
IOTA simply cannot be stopped!Í've been hodling IOTA since half of 2017 when I was new to crypto and simply did not know how it all worked. After it went down rather than up I left IOTA, missing the insane bull run to its ATH at that time. Then fear came in because of a Bitfinex scare. After that went away I bought back a small portion of IOTA eversince.
But...October of 2019 came along and crypto's got my interest once more and of course...now I had some experience ;-)
Bought every single month and look at the 1 Day TF now...
We can clearly see that the blue Stochastic RSI has turned sharply north yesterday and continued to do so today. It is crossing the red RSI. That looks really promising already.
Then the multiple indicator set which my mentor WickoffMode provided me...can it get any more bullish than this?
The gray energy has exhausted swiftly and is going back to the 50% level, while the green line has already crossed the downsloped red RSI upward!
I'm not sure which fib it is going to touch, but when I look at the weekly...this one could go on for a couple of weeks!
I was expecting a bull flag here, but I'm not so sure that one is going to play out.
Yay or nay? I'd say YAY!
IOTA has reached capitulation trendlineThe three years trendline that was once very strong support flipped resistance and rejected price violently three times already. RSi IN A RISING WEDGE. Volume is less relative to other bull runs, which makes this run more dubious.
It is impressive that a zombie coin can recover 6% from an ATH Drop of 99%. So basically if you bought $100 at ATH, at one point you would have lost $99, but in this recent run you recovered $6. So keep hodling chums, meanwhile coins with fantastic applications and proven technology like SXP, link, tezos are going to 100X from their lows.
Imagine if you don't take profit from a 100% sure dead coin and invested it in an 100% sure success defi coin. even if this coins pumps to the 1.618 it will only be %50 more while other coins are estimated to go %500 and even %1000 gain.
Hodling or buying this coin is senseless.
medium term price action idea for IOTAUSD , dont buy now medium term price action idea for IOTAUSD , dont buy now , we can see a clear double top formation this means we are about to sell off the market don buy super risky
follow me for more analytics , crypto millionaires 2020 $$$$$ shall be made
IOTUSD Symm / Ascending Triangle Target: 0.45$ - 0.46$IOTUSD Symm / Ascending Triangle Target: 0.45$ - 0.46$
IOTAUSDLooking at this chart on a H1 the uptrend is still intact and i just took another long position at the last retracement on M15. Generally i believe that this rally would continue to the upside.
IOTUSD Up To 0.38 - 0.40$ THEN Down To 0.3$...IOTUSD Up To 0.38 - 0.40$ THEN Down To 0.3$... repeat...
