IOTUSD trade ideas
IOTA could do thisI have a strong feeling that IOTA could be gearing up for a strong pump. The last bull run price reached as high as 5.78 we are no where near that price at the moment.
IOTUSD Retracement Down To 0.3329$ OR 0.29$...IOTUSD Retracement Down To 0.3329$ OR 0.29$... maybe we retest 0.36$ once again before retracement but I don't think we'll break it.
IOTUSD Test Of Uptrend Channel AND 0.36$ Resistance...IOTUSD Test Of Uptrend Channel AND 0.32$ Resistance... We just tested our previous uptrend channel and 0.36$ resistance. Would be huge if we get back into the uptrend channel. :D
IOT starting to squeezeBITFINEX:IOTUSD really failed to capture any of the bullish momentum of the last week. It was a definite underperformer among the highest volume cryptocurrencies. This morning triggered a signal that the volatility has slowly decreased into a wedge with a potential bearish breakout setup. Because this was the lagger of the recent momentum I'd say this is one of the weaker cryptocurrencies and an increased probability for a short.
LOW VOLATILITY UPTREND IOTUSDHi traders, please leave a like and a comment if the analysis is useful for you.
IOTA is a very productive reality, day by day developing good project making alliance with Bosch, STM, GM, HONDA, Japanese gov't...
After reaching ATH in august the prices seemed to have found a good channel between $0,23 and $0,3 to pump and dump on the FIbs levels.
At the moment the most important goal is to not break the supports at FIB 0,5, around $0,264 down the main trendline.
This is a period of low volatility for IOTA, but a good mantainance of strenght could lead to a breakout of $0,293 by the end of the year to maybe confirm a new high volatility uptrend.
IOTA going higher. IOTAUSDFib goal dashed in, and we are already up to three fractal patterns in progress. This is already ample evidence we are bullish. NFA
IOTAUSD trading in the falling channelHi, everyone! Today we’ll take a look at IOTAUSD!
As we see on the chart after a breakout in the wedge followed by a retest and impulse upwards, the price formed a falling channel in which it is traded at the support line. I expect a rebound and growth toward the line of resistance. We all know that a break in the falling channel will mean a change in trend and growth toward bulls. However, friends, do not forget, when analyzing any altcoine, to pay attention to bitcoin, as everything trades to it. This is not a call to action, this is my personal view of the current situation. If you have any questions, write to me!
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Corrective triangleChart shows possible corrective triangle in bullish trend.
The price touched the E point from which the price should rise. If this does not happen then the pattern is failed.
IOTA is shining. IOTAUSDHere we go! Or rather have been going for about a week so far. I see more growth fractally and momentally. Some fibgoals in gold, invalidation in red. NFA
IOTA - Strong Buy SignalFundamentals are very strong and I think IOTA is the most undervalued coin in crypto. I'm very bullish and ready to hold it for the next 3-5 years!
But if you want a short-term trade, here is my Idea for the next 3 months:
TA:
- If you ignore the COVID Sell-Off, you can see a nice Channel upwards and price reacts bullish at the support line
- Ichimoku as a trend indicator turned bullish, the green cloud gets bigger and price is in a correaction zone
- Weekly red- to green-candle turns are in an uptrend
Buy @ 0.28
SL @ 0.225
Profit @ 0.5
BINANCE:IOTAUSD
