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IOTA / TetherUS

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IOTAUSDT trade ideas

ABCDEOur lovely triangle, wolves🔥 One more interesting formation for today's trading day There is an Ascending Triangle on IOTA crypto pair. The price had a confident bearish sentiment before this consolidation. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. So follow the chart and look for the breakout carefully. According to the situation on the market we do not predict price direction, we should react according to the breakout. _____________________________________________________ If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
9
IOTA - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. IOTA is overall bullish so we will be looking for buy setups on lower timeframes. on H4: IOTA is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, IOTA would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
11
IOTAUSDT Good buy opportunity!Hey guys, There is a good buy opportunity on IOTAUSDT based on the chart. So let’s see the reasons and what’s happening on the chart right now: ———————————————————— 1. Price is in an uptrend ( Bullish ) 2. Breaking the previous bearish trendline ( Bullish ) 3. Hidden divergence on RSI(14) ( Bullish ) 4. Reaching to the support line ( Bullish ) ——————————————————— So that’s why we have bullish bias about IOTAUSDT. We always try to consider different aspects of trading but we do not see any bearish signal right now. That’s why risk management is a necessity in financial markets. But let’s see what’s your idea about it? Bullish or bearish? And why? Please bring your reasons in comments. Good Luck!
Long
by Brian_Philips
IOTA LOOKING BULLISH! READY TO BROKE OUT AND FLY?IOTA has a strong resistance on daily timeframe from APRIL and a new resistance formed from SEP, however, smaller tfs on IOTA are turning bullish, looks like IOTA is getting ready to breakout of this month old resistance. The recent crash helped IOTA forming up the right shoulder. - Inv H&S on 4hr timeframe. - 200 EMA support is there just below the price candles on 4hr and daily tf, so less risky. - Falling wedge on 4hr. - Support is becoming stronger and resistance is getting weaker.
Long
by TychonTrades
1
IOTA MASSIVE 1-MONTH BULL FLAG AND INVERSE H&S! GAINS COMING!Since the last run-up of IOTA in the starting of September it found a strong resistance and has been forming a massive bull flag pattern. A bullish flag is a trend continuation pattern. Also, we have seen BTC breaking all the resistance and it's only 16% away from the previous all-time-high, if bulls manages to break the remaining resistance at $57k for Bitcoin alt-coins will go parabolic. I am expecting IOTA to breakout of this massive bullish penant soon maybe in the next few days or hours, this is a great time to start buying IOTA at $1.29 - $1.1 area and keep accumulating it before a strong bullish move happens towards the resistance areas and my take profits at $1.47 - $1.74.
Long
by TychonTrades