IOTBTC trade ideas
IOTA / BTC OK guys, IOTA will be available to 50x on Binance Futures tomorrow. I have already taken my position on the orange highlighted area. Two weekly closes above it + this time all alts are looking bullish so why not take advantage of the unpumped ones.
As long as the orange area holds , IOTA is heading to the following targets :
TP 1 : 4546 ( where I'll be closing most of my position because I'm not a long term holder)
TP 2 : 6600
TP 3 : 9500
SL : Will cut it manually if I see a daily close under 2800.
IOTA/BTCI decided not to trade shitcoins this time around, but there's simply too high of a level of certainty to NOT trade it.
Accepting the rally, bailing when FOMO hits.
Compare to the coins that have popped - ETC, DASH, ZEC, BCH. Even BSV.
Trading algorithms go into buying frenzy when a higher high is made.
Alt season is here.
It's about to rain gold on your heads. Put out a bucket and don't take profit early, then try to short when it's "overpriced".
Buy dips when overall trend is up.
Sell rallies when overall trend is down.
$IOTA, Starting the week w/ big flow of volume..$IOTA
Starting the week w/ big flow of volume that pushed price towards ~3800 sats resistance...
Over 50% up since UCTS Buy signal on the 1D (Buy signals across every HTF)
RSI overbought levels
On my eyes, buying here seems risky..
Wait for retests/flips of prior levels
#IOTA
IOTA Builds Momentum, Additional 44.44%+ PossibleIf IOTABTC continues in the path it is going, we are likely to see prices hit 0.00005698 soon.
The green space on the chart represents our "Decision point", above this level prices for IOTABTC can easily continue higher, but if prices move below this line we can see a drop take place.
This chart is extremely bullish and we have all EMA10s converging and starting to curve up, IOTABTC is already trading above EMA200 challenging EMA300 in grey.
Trading volume is really good and the RSI is strong, we can expect more growth in the weeks to come.
Thanks for reading.
Namaste.
$IOTA, Flipping resistance into support at ~2700 sats level...$IOTA
Flipping resistance into support at ~2700 sats level...
UCTS Buy signal on the 1D/2D charts
RSI reaching overbought levels
Will like to see volume flowing in again (1D 📉)
If continuation happens (Tight SL due to BTC), then aiming for 3.1k sats 15%+
#IOTA
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin 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 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin 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 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
BITCOIN IOTA D1We notice 2 candels on D1 time frame closed above the MA200.
As wee see those moves are accompanied by very nice volume.
The price is on the resistance for the moment but the break-out can open us the way to the higher moves.
We also pay attention to lower time frames.
On the H4 we can notice sth like an ascending triangle formation.
We have idicated the 'correction zone' taht can be a good entry (no obligation for that move ).
IOTABTC Making Bullish MovesIOTABTC which is up around 30% so far in January has broken above the 200 day moving average for the first time in 10 months.
The idea of Coordicide is starting to be positively received by the crypto community as more people are understanding the plan and implications.
Has the year of accumulation for Iota come to an end? Maybe..