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IOTA / TetherUS

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IOTAUSDT trade ideas

IOTA - strong demand at 1 - 1.2 USDFinally, the long-term holding of IOTA started to bear fruit. IOTA broke out of its accumulation phase and gained around 275% (0.42 to 1.6) since it has gone parabolic. Fundamentally, due to strong partnerships and Chrysalis part 2 soon-to-be released on the main-net, IOTA is becoming production ready with more and more use-cases emerging. Currently, many networks come with high transaction costs (such as BTC, ETH etc.) and IOTA can shine thanks to its fee-less nature. However, the crypto currency market is generally still strongly correlated and today we experienced a strong selling activity. Iota fell back to 1 USD, but buyers are strong at 1 - 1.2USD/Iota while selling pressure is high above 1.3USD. Technically, we broke down from our channel, due to lack of buying power and less volume occurring. We might experience more downward pressure which could lead to more wicks to 1 USD (0.5 FIB). Personally, I keep accumulating in the 0.9-1.1 USD region. For now, on the 4 hourly sellers seem exhausted. This is no trading advice. Good luck!
by UnknownUnicorn3707027
IOTAUSDT - long swing setupOn the daily timeframe market has recently broke above structure with a strong bullish impulse which has been followed by a nice correction to the 0.50 fibonacci retracement. Now we are expecting the continuation to the upside and market to create a new higher high from a daily perspective.On the 4hr timeframe at the moment everything is still bearish we are waiting to see if market will break and close above previous high and form a new higher high, if all our rules are met we will take the long.
Long
by BullmarketFX
1
IOTA/USDT BOWL FORMATION 1. My ideas do not include any investment advice 2. Make your own research, decision and take a risk 3. Do never ever invest your whole money into cyritos 4. Do not open more than 2x levereged long or short positions instead regard it as an alternative in your portfolio as risk management tool 5. Distribute your risk by making a basket of minimum 3-4 cyriptos in your wallet My idea in IOTA in 15 minutes graph is a bolw is being completed soon and target is 1.80 in short term. If BTC stays stagnand and flat it an go till 2.35. Good lucks .
Long
by TRENDISYOURBESTFRIEND
1
inverse head and shoulders and triangle confirmed 1. My ideas do not include any investment advice 2. Make your own research, decision and take a risk 3. Do never ever invest your whole money into cyritos 4. Do not open more than 2x levereged long or short positions instead regard it as an alternative in your portfolio as risk management tool 5. Distribute your risk by making a basket of minimum 3-4 cyriptos in your wallet My idea in IOTA in hourly graph is a confirmed inverse head and shoulders formation and now completing triangle formation 1st target is .1.80 and based on the demand, BTC's agression price can stay there or if BTC stays stagnand and flat it an go till 2.35. Good lucks .
Long
by TRENDISYOURBESTFRIEND
💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTAUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 1.5730 TP2= @ 1.6660 TP3= @ 1.7470 TP4= @ 1.9650 TP5= @ 2.2070 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
31
💡 Don't miss the great buy opportunity in IOTAUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.401). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTAUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 1.5730 TP2= @ 1.6660 TP3= @ 1.7470 TP4= @ 1.9650 TP5= @ 2.2070 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2