IOTAUSDT trade ideas
Keep an eye on $IOTA/USDTKindly wait for breakout of the structure and target region marked
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IOTA LONG TERM REVERSALHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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IOTA WHAT'S NEXT! From a long-term perspective.
As we clearly see price is still overall bearish making clean lower lows and lower highs, Trading inside this falling channel.
However, price is sitting around a strong support zone, where we will be looking for new longs.
Meanwhile, for the bulls to kick in from a long term perspective we need a break above the marked major swing high,
Then a shift in momentum would be expected, and a further movement higher would be expected.
Until that and as the price is diving more inside our support zone we will be looking for new longs from a short-term perspective.
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!
IOTAUSDT (1H) - Bullish reversalHi Traders
IOTAUSDT (1H Timeframe)
Waiting for the upward break of the 0.1950 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.1912 would cancel the bullish scenario.
Trade details
Entry: 0.1950
Stop loss: 0.1912
Take profit 1: 0.1972
Take profit 2: 0.2010
Score: 7
Strategy: Bullish reversal
IOTAUSDT is a good approach to the resistance levelHello everyone. In search of interesting graphs, I came across the IOTAUSDT coin. At the beginning of April, there was a false breakdown of the 0.23 level. Now we are approaching this level again, but more consciously. It should also be borne in mind that this coin has not really grown against the background of the others. Therefore, I expect the level to break through soon and the price to go at least to 0.255. Stop on the trend line at 0.2233 somewhere.
IOTA/USDT - IOTA: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the FWB:IOTA / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.2399 | 0.2563 | 0.2899, and the major support zones can be found at 0.2063 | 0.1891 | 0.1555. Consider entering at the current price zone of 0.2271 and targeting higher levels.
◰◲ General info :
▣ Name: IOTA
▣ Rank: 79
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex
▣ Category/Sector: Services - IoT
▣ Overview: IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW). Thus the more transactions occur, the faster the network can process new transactions, theoretically allowing the network to become more efficient as it scales.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2271 ₮
▣ 24HVol: 3,684,708.745 ₮
▣ 24H Chng: 3.18%
▣ 7-Days Chng: -0.87%
▣ 1-Month Chng: 10.38%
▣ 3-Months Chng: 6.61%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2399 | 0.2563 | 0.2899
◢ Support: 0.2063 | 0.1891 | 0.1555
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.61
▣ Last 90D: 0.99
▣ Last 1-Y: -0.93
▣ Last 3-Y: 0.67
◲◰ Volatility :
▣ Last 30D: 0.67
▣ Last 90D: 0.69
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth IOTAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Iotausdt Most Probably IOAUSDT
has recently confirmed the trendline resistance breakout and retest, and a symmetrical bullish pattern has emerged on the 8-hour timeframe. This pattern indicates a potential bullish move to the upside if a successful breakout occurs.
It is recommended to wait for confirmation of the breakout before taking any positions. Proper risk management is important to avoid losses in case of a false breakout or a sudden market reversal. If the breakout is successful, the price is likely to move 30-50% higher from the breakout level. Traders should keep a close eye on the price action and adjust their positions accordingly.
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IOTAUSD still early (170% gains to be made)We believe that IOTA bottomed out and it's ready to start/continue the uptrend.
If you're patient, you can make even 170 % gains , however it will probably take many months. Take profit levels are shown on the chart.
Buying now for a mid-term or long-term trade/investment may be a good idea.
IOTA is still cheap and we believe that it's very undervalued.
Good luck
$IOTA/#USDT [#IOTA]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $IOTA / $USDT chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.22 | 0.2372 | 0.276 and the major support zones are at 0.1812 | 0.1596 | 0.1208. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: IOTA
▣ Rank: 77
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex
▣ Category/Sector: Services - IoT
▣ Overview: IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW). Thus the more transactions occur, the faster the network can process new transactions, theoretically allowing the network to become more efficient as it scales.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2172 ₮
▣ 24HVol: 2,746,212.785 ₮
▣ 24H Chng: 5.745%
▣ 7-Days Chng: 15.77%
▣ 1-Month Chng: -12.24%
▣ 3-Months Chng: 27.36%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.22 | 0.2372 | 0.276
◢ Support: 0.1812 | 0.1596 | 0.1208
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.23
▣ Last 90D: 0.85
▣ Last 1-Y: -1.05
▣ Last 3-Y: 0.74
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.68
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.13
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth IOTAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -