IOTAUSDT trade ideas
IOTA hold above support#IOTA/USDT
$IOTA hold above ascending support that is the same with support zone around $1.
now it will increase to touch first resistance zone between $1.4 and $1.6 that had sideway moves and touched it for long time.
break out from this resistance zone will head it up to nest resistance levels and trend lines.
IOTA is on the edge to be BOUGHT 15/02/2021we can be optimistic now on this Crypto for Good as The Internet Of Things IOTA is on its initial stages and it will grow hugely.
it will be the future technology for a long time.
as of now
It has retraced to its 50% of its past rally and it seem to be on the very good place to capitalized on.
there are chances that it falls more even but yet we should be bullish on it
please notice the SL line and trade it resposibily
we have specified 2 TPs for it too
MIOTA IOTA Rejected But There Is Bullish Divergence On ChartsHi dear friends, hope you are well, and welcome to the new update on IOTA coin.
Rejection by the resistance of weekly triangle:
On the weekly time frame, IOTA is once again rejected by the resistance of a big symmetrical triangle.
Small triangle:
Priceline has formed a small triangle on the 4-hr time frame, and now it may retest the support of this triangle. But is IOTA breaks down this small triangle then it may test the support of a bigger triangle on the weekly time frame.
Bullish divergences:
There are different divergences that appeared on different time frames as below.
4-hr hidden divergence, as the priceline forming higher lows but RSI setting lower lows.
Daily bullish divergence, as the priceline forming lower high but RSI setting higher highs
Weekly bullish divergence, as the priceline forming lower high but RSI setting higher highs
Therefore, soon we can expect a big breakout and long-term rally.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hi iota.usdtHi With only one hour to dedicate to trading per day the answer depends quite a bit on where the trader lives and in which timezone. However, I would say that the trader would, in any case, be advised to concentrate on the daily timeframe charts. In which case the following points need to be addressed:
decide whether trading trends lasting a few days to even weeks, or day trades for the next day based on the current day’s candle.
decide which currency pair to trade and what method is used to select the appropriate pair (e.g SW analysis, trendlines, MA slopes, etc).
decide entry method, limit orders, pullbacks, at market, etc
decide risk policy concerning percentage of account at risk per trade/over all positions
decide stoploss policy e.g. multiple of daily ATR, S/R, etc
decide position size from the pip value derived from risk amount and stop distance
decide take-profit policy, e.g. target level, trailing stop, indicator signal
decide policy on scaling in/out of positions
BITSTAMP:BTCUSD
IOTA - What is the next move?⭐Following the previous analysis, IOTA reached its target and now is in the correction
Despite the weakness of Bitcoin in the rise, IOTA shows the weakness in the fall (According to the chart)
In my opinion there are 2 possible scenarios: the green option is more probable and the red scenario depends on BTC movements.
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$IOTA WHICH WAY TO GOLooking at the daily time frame of $IOTA, the ascending trend from March 2020 still continues. Apart from that, as of April 2021, the price continues to form lower tops and the symmetrical triangle pattern continues to form. In the medium term, my expectation is, after an upward breakout that the price will raise to the level of $3. In this case, red lines appear as ressistance. In the opposite scenario, with a break of ascending trend, the price finds support from green areas.
Günlük grafiğe bakıldığında Mart 2020'den itibaren yükselen trend hala devam ediyor. Bunun dışında Nisan 2021 itibariyle fiyat dip tepeler oluşturmaya devam ediyor ve simetrik üçgen formasyonu oluşmaya devam ediyor ve sıkılaşmaya başladı. Orta vadede beklentim fiyatın yukarı yönlü kırılma ile kırmızı alanlarda düzeltme yaparak 3$ seviyelerine düzelmesi yönünde. Düşüş trendinde ise yeşil alanlardan destek buluyor.
BULLISH
In the loving memory of my child Muffin I present you this chart analysis....please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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IOTA Reached Long-Term Resistance With Bullish DivergenceHi dear friends, hope you are well, and welcome to the new update on IOTA coin.
Long term resistance:
On a weekly time frame, IOTA is trying to break out a low term down trendline resistance. The priceline has already bounced by the key support of $1 and broke out EMA 21 as well. Now EMA 21 weekly can work as strong support and price action can breakout the resistance for the big move.
Bullish divergence:
On a weekly time frame a big bullish divergence has also appeared, as the price action of IOTA is forming a lower high but on the other hand, RSI is forming a higher high.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IOTA 3-day bulls have taken the leadIOTA is on a great bullish momentum on the higher time frames and will probably break out of the current range if bulls push further. The violation of the 1.9$ can take the bears by surprise and lead to a quick spike to the ATH and other marked prices. Revisiting the marked red box can potentially invalidate this outlook.
Patience pays off for all bag holders after all only if the contents are worth holding!
Cheero