IOTAUSDT trade ideas
IOTAUSDT is testing the 4h resistanceThe price lost the daily support at 0.311$ area.
The market tested the previous support at 0.27$ area where the bullish impulse started and where we can find an order block
How to approach it?
IF the price is going to flip the current 4h resistance, 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.
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Follow the Shrimp 🦐
OTAUSDT |Does this look like a reversal?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, I want to say a little about the IOTA coin, I think this coin in the long term can look good in your investment portfolio.
As long as we see a small reversal on the weekly chart, the price starts to move out of the monthly flat trend a little, there is a chance that this will be a global reversal!
The idea is only suitable for spot trading
Iota Analysis ;IOTA/USDT Update 📈📉HEY, what's up today ?!
Since 26 Mar 2021,that I posted the last analysis for Iota , It has been declining till now ,
where that I exactly told you guys ;iota is compressing in a kind of symmetrical triangle
pattern,also there are some EMA cross under signals,so there is a possibility of falling ! =====>>>. ( More than 70% 1x short )💰🤑
So today as you see on the Weekly timeframe for IOTA/USDT again , after a massive drop recently reached the demand zone , in this week it was able to record a pretty good candle on the local support zone , and already had a positive MOM divergence ,now it can start an uptrend ,it can reach the higher resistance levels and likewise to fill higher VG (Volume gap ) or test higher key zones OR even test VWAP line , but likely will get rejected at the higher resistance zones . ! but otherwise if losses the current support zone it can continue its consolidation phase through DEMAND zone for longer time !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
IOTA WEEKLY IDEABINANCE:IOTAUSDT
Iota was one of the best performing coin in 2017. everyone was hyped back then that this coin is going to make everyone millionaire. Last year iota went all the way upto $2.50 from $0.05 (back in march). after topping $2.50 iota almost crashed 91% of it's value within the span of 427 days.
now if we take a look at weekly chart we can see a bullish MacD signal and it's forming descending broadening wedge pattern which is bullish pattern. if we complete this pattern we will see iota at $0.70 within 2 months and if we break that wedge somehow we will se an upward movement to 6$ within 1.5 years or by the end of 2023.
everyone should start accumulating iota :)
Happy trading.
disclaimer: not a financial advice
IOTA rangeso here we have a consolidation on the daily , but at a crucial point on the monthly - remember candlesticks are economic data so your basically looking at fundamental analysis just put so simply infront of your eyes, you dont need to go read cpi reports or know the outcome of nfp - just read candlesticks.
I have marked both scenarios as i dont have an ego to where i think it will go i just have marked my split level , which ever decision it makes to do - if respect trade to the range high ad if it breaks then trade the continuation or if it breaks the 0.27 then you know its going lower - simple
Safe zone to Buy IOTAUSDTHello guys 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
everything is clear, you can see the support zone and target zones
I hope we make it like that.
I hope you enjoyed my analysis, You can support me with your likes and comments! (always open to hearing points from the others)
Attention: this isn't financial advice I'm just trying to share my vision and remember we must always see what's up with BTC after that go buy altcoins. never forget investment principles and do your research before investing.
IOTAUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.36 - 0.4 - 0.44 and maybe even ~0.49
after first target reached move ur stop to breakeven
Stop: ~0.26 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.