IOTUSD trade ideas
IOTA possible Upward price movement!!! Range between 0.35-0.40!An upward movement towards 0.40$ with possible target around 0.38$.
Possible leading diagonal wave to be completed around this range on the upper trend line.
An ABC structure is expected to unfold towards this price range....
A possible 10 days timeframe structure with completion first days of Novemeber....
Please Endorse if you like the analysis!!
IOTAUSD formed bullish BAT | Upto 13% move expectedPriceline of IOTA / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2505 to 0.2454
Sell between: 0.2615 to 0.2786
Regards,
Atif Akbar (moon333)
IOTAUSD hitting support of pennant | A good long opportunityPriceline of IOTA / US Dollar is moving within a bullish pennant.
Now the price action has hit the support of pennant and bollinger bands and also 100 SMA support.
Volume profile of complete pennant is showing less interest of traders here.
200 SMA has crossed down the priceline to lift the candles up.
MACD turning bullish.
I have defined targets using Fibonacci sequence:
Sell between: 0.2765 to 0.2855
Regards,
Atif Akbar (moon333)
IOTA nearing a breakoutLong term trend line approaching. A breakout would lead to a re-test of the trend line or an immediate test of the 50 EMA. These will both serve as support when broken
IOTA/MIOTA - POSITIVE MOMENTUM TRIGGEREDFurther upward movement could be expected. Follow the trend (daily/weekly up).
Possible steps shown on the chart.
IOTAUSD formed bullish Cypher | A good long opportunityPriceline of IOTA / US Dollar has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2695 to 0.2682
Sell between: 0.2705 to 0.2730
Regards,
Atif Akbar (moon333)
Watch out for this.Breaking the yellow line could lead to a rocket jump. Keep an eye on volume tho, its pretty weak for now.
IOTAUSDI think it has been a box segment for about 11 months and kept the price well.
I think it's time to explode the price and power that I kept well.
