IOTAUSDT trade ideas
IOTAUSDT Local S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – IOTAUSDT – trading above its local S/R where in impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Low Volume
IOTAUSDT’s immediate price action is resting on support that is in confluence with the Local S/R and the .50 Fibonacci – this allows for a long bias.
The swing high is the current objective, exceeding this level increases the probability of a trend continuation.
The volume profile as of current is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, IOTAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
MIOTA Breaks Above $1.50 After Chrysalis UpgradeIOTA Price traded at $2.12 with a loss of 0.34% in the last 24-hour and 25.07% up in the weekly time-frame. Furthermore, IOTA bounced from the support of $1.50. In contrast, the market capitalization stands at $5 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.85
👀🧐If one or 2 candle close above resistance ,after poolback on it u can buy it,i think with the news of update it have a good move ,lets see what happen🍻
iotausdtmomentum is high... correction deep is less than before .....If channel breakout happen maybe same thing happen
IOTAUSD WYCKOFF Analysis - Bullish - #IOTAA combination of Wyckoff Analysis and 'off-chart' Upcoming IOTA updates/upgrades/news
We noticed IOTA going through an Accumulation phase from August 2018 until February 2021 when it then exited to enter the 'Re-accumulation/Preliminary Supply (PSY)' phase.
There is still no sign that IOTA has reached Phase A of Distribution so this shows that IOTA still has alot of room to grow.
IOTA is also corralated with BTC and BTC is also Rising. You can check my Idea on BTC/USD here
SUMMARY:
1) According to the WYCKOFF Analysis IOTA exited the accumulation phase and is headed towards Phase A of the Distribution, which means it will grow rapidly from here
2) IOTA is corralated with BTC and BTC is also rising
3) There are many upcoming upgrades/updates on IOTA in the following weeks/months that will create hype and also assist in pushing the price up
Overall, I believe IOTA will grow massively in the coming weeks/months
Please let me know your comments, Ideas - any feedback will be appreciated
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Not a financial advise, this IDEA is only for educational purposes
IOTA/USDT : Below Binance's ATH BINANCE:IOTAUSDT
Hello everyone 😃
IOTA has reached Binance's ATH, It's located at ~2.145$
Also IOTA had a breakout from rising wedge recently.
There will be a retest on wedge's higher line and then it could break 2.145$ resistance line...
📌 How ever there is a heavy support zone around 1.7$ !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
IOTA Long PlanI Think IOTA is currently struggling on the resistance, I want to point out where I think where Iota will going which around the green line and that's where I'll buy depends on how it fall
IOTA La Pump de ChrysalisChrysalis is a big upcoming update happening on the 24th of April for IOTA. Likely, the price will push up because of the event and might dump after it goes live, but we'll see about that later.
The current formation is known as a leading diagonal, which is a short-term bearish pattern, with a longer-term bullish outlay. This means that price dips 5 - 30% first, before initiating wave 3 of the 5-wave cycle from Elliot waves.
The dip may have already happened or not, just don't set your stop loss too tight or you get left out (my stop loss is at 1.10).
Targets
1. the first target is the first resistance formed around 2018 when IOTA started a huge dump, which is around 2.75 USD. check the BFX chart for IOTUSD to see this data.
2. the second target is the 1.618 extension of the current leg, which is somewhere around 3.
3. the last target is the ATH that IOTA reached somewhere around 2018, which is around 6. Also, check this on Bitfinex data.
Good luck traders and please don't over-leverage like I just did.
Scalping idea for IOTAUSDTIt seems IOTA has just broken its current minor downtrend and it may have a chance for scalping.
crypto volatility warningVolatility has steadily been increasing as of late. Iota is still trending up but that could change with BTC looking like it's topping out. Since shitcoins are still very correlated with BTC and the market in general.
Still long for now but could go south at any moment
IOTA/USDT expected bullish movement!Hi every One
IOTA / TETHERUS
IOTA/USDT has been in an ascending triangle but now the break out has happened and the expected projected price movement will be as much as the measured price movement (AB=CD) .
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
