IOTAUSDT trade ideas
IOTAUSDT (4H) - Bullish wave LTFHi Traders
IOTAUSDT (4H Timeframe)
A medium probability, entry signal to go LONG will be given with the upward break of 0.1815 after the market found support at 0.1763. Only the downward break of 0.1763 would cancel the bullish scenario.
Trade details
Entry: 0.1815
Stop loss: 0.1763
Take profit 1: 0.1884
Take profit 2: 0.1960
Score: 6
Strategy: Bullish wave LTF
Monthly support!IOTA has seen little buying power over the past week, which has caused the currency to break its monthly support in the $0.226-$0.260 range. Now this area has become a serious resistance. Also, the support that was considered in the range of 0.195 to 0.180 dollars has been associated with a positive reaction. Considering the low volume of transactions, we cannot expect an upward trend yet.
The price of this currency can have a range trend for some time between the specified levels. Also, the range is completely clear in the 4-hour time frame of this trend. Therefore, the price should return above the $0.26 level for the trend to be bullish again. The nearest minor resistance is in the range of $0.237-$0.247, and hitting this range could be accompanied by a reaction. As you can see, the bearish trend is going on inside a bearish channel, and to get bullish, it is necessary to break the channel's midline and the mentioned resistances.
IOTA (MIOTA) Price Prediction Analysis IOTA (MIOTA) Price Prediction 2022
IOTA (MIOTA) holds the 64th position on CoinGecko right now. MIOTA price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume, which decreases as the channel converges.
Currently, IOTA (MIOTA) is at $0.2128. If the pattern continues, the price of MIOTA might reach the resistance level of $0.5758 If the trend reverses, then the price of MIOTA may fall to $0.1964
Happy Trading
IOTAUSDT is creating the ascending channel below the resistance
The price is trying to hold the ascending channel below the daily resistance after the first rejection from the supply zone.
How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
IOTA USDT LONG SWING | IOTAUSDT | LONG @ 0.25 - 0.26 | TP @ 0.262, 0.264, 0.266, 0.268, 0.27 | SL @ 0.24 | PATTERN = THREE WHITE SOLDIERS | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:IOTAUSDT BINANCE:IOTAUSDTPERP BINANCE:IOTAUSD BINANCE:IOTABUSD BYBIT:IOTAUSDT KUCOIN:IOTAUSDT
IOTAUSDT (4H) - Bearish breakoutHi Traders
IOTAUSDT (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.2616 support level. Only the upward break of 0.2813 would cancel the bearish scenario.
Trade details
Entry: 0.2616
Stop loss: 0.2813
Take profit 1: 0.2495
Take profit 2: 0.2365
Score: 6
Strategy: Bearish breakout
IOTAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for IOTAUSDT
Here we have R2 as a resistance area which represents that the price was not able to rise at several points. R1 used to be a support area and S1 used to be another resistance line. Therefore, we have the price fluctuating bellow R1 area and we expect it to fall to S1 (as it used to do in its past behavior) and we should wait for some rising signs in order to have an increase for the price toward R2. In case the price is not supported at S1, more fall is there for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck