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IOTA / TetherUS PERPETUAL CONTRACT

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IOTAUSDT.P trade ideas

IOTA: Bullish Butterfly RSI Bullish Divergence (Final Fib Level)IOTA is currently sitting at the 1.272 PCZ of a Bullish Butterfly and this 1.272 extension happens to be the last positive Fibonacci Extension on the linear scale, meaning that this is probably the least risky area possible to buy IOTA and perhaps aim for much higher levels, even as high as 1–2 dollars. Given how tight the entry and price action are, I think as long as it holds above 15 cents, we could see it go for some major Bullish targets.
Long
by RizeSenpai
1
IOTAUSD - high probability Long setupUsually breakouts create amazing trading opportunities for those who patiently wait for a confirmation. This chart presents another possible IOTA entry, which has quite significant values if it comes to positive results of prognosis. As seen on this logharitmic 1D historical price action we are currently breaking out of a downtrend which held since 10'th of May. I present here my scenario for the first 2 targets. Further updates will follow if levels reached, or stop-loss triggered. For now scenario presented a few weeks ago is still in play, considering possible Wyckof accumulation schematic. Please find attached a link to this material (bare in mind levels in there were optimised only for price - timeframe wasn't taken at all under consideration). Never invest in one asset more than 2% of your trading portfolio. Good luck trading, keep educating, remember of capital management and entry/exit/pause strategy. Regards, Adamsky.
Long
by crypto_poet