IOTBTC trade ideas
HELLO AGAIN IOTA - ON OF MY FAVORITE PROJECTS HAS WOKEN UPIOTA just got green light for Margin trades on BINANCE. It looks like ALTSEASON have started moving a bit. I think we will have a mini season before btc starts seeing new ath again. In the meantime maybe we can make some new sats with iota. Iota is backed with major partnerships - so we are in safehaven with that. I hope for target to reach 5000k sats in 1-2 weeks.
IOTA/BTCKeep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
Looking at the longer time frame for IOTA, we can see a support level was held at the green box. It's likely that we can see IOTA touch this box several times, forming a higher low to indicate it as support. If this level doesn't hold, I see IOTA moving down to the lower green box. At that range I would ladder my entries all the way to the bottom of the wick. Placing a stop right below the wick.
If you did enter a the first green box you should have taken profit, and be prepared for more downside. Short to mid term i'm bearish on IOTA.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price
IOTABTC breakout up to 15% profit in the short-termMajor bounce from the mid-term support trend line lead the price action to the descending triangle pattern. Technical analysis is neutral at the longer frames. Such situation is favorable due to BTC fluctuations.
The positions is good for 1-7 days duration. At the short-term timeframe bullish flag is formed with a great breakout potential. The price is going to hit the band and according to Momentum (10) and DMI will break it. Moreover we have hidden bullish divergence at the chart which enhance the forecast.
Buy only when the price goes above the specified confirmation level of 0.0000299
Take profit targets are:
0.0000311
0.0000319
0.0000328
0.0000443
Stop loss:
0.0000269
SHORT IOTABTCLooks like everything in the ALTBTC pairs are starting to mimic one another for the next push down. My shorts are in and now we just need to wait for them to start dropping one by one. ZECBTC, IOTABTC and EOSBTC are looking like they already started their decent into bearishness... The one with the least amount of risk at this time is IOTABTC since it is just now hitting its shorting level. 5-1 RR. Great opportunity.
God Speed Gents,
Mr. Manbearpig
Iota - Boa zona de compraBoa tarde, iota se encontra assim como as outras coins dentro de um canal de baixa que ao estourar teremos um bom pullback, se preferir pegar a coin com segurança espere o rompimento do canal. mas se pretende arriscar a pegar barato podemos arriscar com algum stop!
Entrada:
2400 a 2670
Stop: 2370
Alvos medio prazo:
3800
4750
6400
$IOTA, Volume Increasing as its trying to flip ~3300 sats level $IOTA
Taking positions now in alts could be risky due to BTC volatility but this is looking good..
Volume Increasing as its trying to flip ~3300 sats level into support
If continuation is found over next hours/days, then aiming for ~3800 sats
Tight SL just in case =)
#IOTA
IOT / BTC Goals and resistances!Hello guys,
Please respect the resistance from the blue line. So long it has been respected support, so after breaking it you are not just going to go above. It will beat your ass down more than once. And we really haven't been beaten down even once yet. But before that, we are looking at potentially 100% BTC Gains. Roughly 300% gains from bottom points. It's not that bad!
Long for now, great shorting the closer we get towards the line!
The time frame can be different, but the targets not!
LONG IOTABTCPosted this up already but just in case you didnt see it this is the most bullish chart Ive seen in a while. ZECUSD pair looks great as well but this one takes the cake. The IOTAUSD pair looks really nasty but if BTC is already bottomed and IOTABTC is about to pump then the meat of the move will be in the ALTUSD pairs.
God Speed,
Mr. Manbearpig