IOTUSD trade ideas
Iota/Usd!!!!!!! Buy low sell hi correct???????Iota/Usd is at that spot when you buy low and get in for the ride and sell high. Everyone knows to buy low and sell hi, but as many of us have learned the hard way it's a heck of a lot easier said than done. With that said Iota/Usd is in a great spot to buy low and sell high once it climbs up. As always dont jump into anything without proper research and protect those clams.
IOTA Primed for a Short Term RunIOTA has been accumulating for quite a while and it is prepping to make a run that would give Usain Bolt some competition. Some important indicators in there for you to look at, so please take note. I have a short term goal of $0.33 and based on the channel I drew out I can see potential for $0.40 barring any extraordinary news. 24 hour volume has been between $6-12 million and over the past few days has amped up going as high as $25 million. Keep an eye on this one.
There is a trading opportunity to buy in IOTAUSDMidterm forecast:
While the price is above the support 0.2045, beginning of uptrend is expected.
We make sure when the resistance at 0.4015 breaks.
If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2660)
Ending of entry zone (0.2045)
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 the 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= @ 0.3340
TP2= @ 0.4015
TP3= @ 0.4535
TP4= @ 0.5260
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
IOTA/USD RANGING IN WEDGEIOTA has broken out of the longterm downtrend and retested the trend line and is now ranging in a symmetrical wedge. Looking for either one more bounce off the bottom of the wedge before buying in with PA or a breakout and retest.
Indicators: Lower timeframes looking bearish for a pull back, higher time frames are looking bullish.
IOTA to the moon and beyond! Back to ATH's baby!possible wave (i) of (iii) in development with targets up to 0.45-0.50 cents stop at the break of 0.25
Going hard for IOTA This gem made me money once. It will happen again. And I’m not bias because of that.
Let’s get into some fundamentals. It’s been a while since I’ve examined this coin. But we are close. Let’s talk about how many companies are interested or on board with this asset and yet it’s just a quiet background hum in my ears. Let’s talk mostly cars. VW. Mmmm. My favorite, Audi. Such class and sport wrapped into one. And yet if you’re going to talk German engineering you can’t leave out Daimler/Bosch/Benz. And their interest in autonomy and well, IOTA.
But wait we are missing something. Good old BMW. Hold on a second. BMW and Daimler just partnered for ride sharing autonomous vehicles in a venture? Three of the biggest auto manufacturers in the world have cross linked connections to IOTA. And here we sit at $.27 and bottom or near bottom of some significant trend lines.
Regardless, my goal of 2019 is to scale into this asset as much as I possibly can.
Sensor technology and connectedness are undeniable. But working in the background is never at the forefront of ones mind.
In this case it should be.
There is a trading opportunity to buy in IOTAUSDMidterm forecast:
While the price is above the support 0.2045, beginning of uptrend is expected.
We make sure when the resistance at 0.4015 breaks.
If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2660)
Ending of entry zone (0.2045)
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 the 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= @ 0.3340
TP2= @ 0.4015
TP3= @ 0.4535
TP4= @ 0.5260
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
