IOTA Symmetrical Triangle Breakout- IOTA got a breakout of this huge triangle
- technical target is the September High
- still need a succesfull retest on the higher timeframes
- probably huge move incoming
IOTUSD trade ideas
IOTA/USD New ATH Dezember 2021!Hello boyz and girlz,
If this pattern is confirmed we will see another bullish move by the end of the year.
ATH between December 15 - December 31, 2021.
Price target will be between 10-20 USD.
Why?
The previous two waves have an monthly cycle of 8 from points 0-2-4 at the lower limit and 1-3 at the upper limit. Point 5 could be Dezember 2021 at the upper limit.
Ichimoku, Trendlines, Moving Averages and Candlestick-Behaviour show clearly that we are in a correction.
Good Luck!
Long IOTAUSDTLong IOTAUSDT
I entered this long IOTAUSDT as i broke the resistance of 1.39. IOTA has been consolidating in this zone since Sept 19.
Entry trigger 1.43
1st target 1.72 zone
2nd target 1.98 zone
Invalidation day close below 1.27
iota is about to break
iota is about to break the triangle
After the breakout, it returns to $2.1
You can buy and hold to $2.1 after breaking the pressure
IOTA Good news and targetsIOTA has announced today the introduction of the Staking and SHIMMER network.
It means that KSM and DOT will have a strong rival coming from Japan.
I placed possible targets on $2 for the short term, then $3 and $4 depending on the development of their roadmap and achievements.
Many people think that projects automatically will reach the previous ath because BTC, ETH, ADA, and other coins did that. But we need to see that they did it for obvious reasons. If there are no updates, the project gets too old and it will never reach the previous ath just because it was a good idea from the past.
Appreciate the hard work and press like.
Happy trading,
Raf
Can IOTA exit the triangles to the upside?I hope IOTA will break to the upside.
If it works, there would be a good chance to see 2 USD in not so much time.
But it won´t go strait to the upside, there will be a bunch of retests.
Greetings and good luck!
IOTA triangle then cup & handle to $4#IOTAUSD
$IOTA is trading inside a triangle in weekly time frame, if price break down from support zone then the long erm ascending support will hold it.
and if price success to break out from resistance zone and upper line of triangle, target can be around $2.6.
also there is a cup and handle pattern in monthly time frame that can lead price to touch $4.
IOTA UpdateIOTA its gonna pump hard very soon when it breaks this triangle. Imagine btc 2x its 2017 ATH, what will IOTA do?? $10-$15 MAYBE
Can IOTA 5x from hereIOTA looks like its been in a massive inverted head and shoulders pattern since 2018. a daily close above $2.80 would push price up to $5.
jump on the rocketship
Maybe turnaround at 1.2 - 1.1MIOTA is still far behind $BTC or $ETH performance.
When the chart turns @ around 1.2 - 1.1 we can go long till upper flag site and go for the breakout...
MIOTA Perp. MIOTA Perp. forming a bearish butterfly. let`s see if we are going down once more, or if we can see higher highs without going any deeper.
Cup And Handle PatternChart shows the possibility of the Cup And Handle Chart Pattern and it's target.
IOT/USD approaches potential resistance at 1.44
If you missed the original run from 1.20 and the break out at 1.33, then there might be an opportunity to get in if the price pulls back to current support estimates at 1.38, 1.33, and 1.27.
The current trend looks very strong to the upside; however, we all know there is always a pullback in an uptrend, which could be an opportunity to get in.
IOTAUSD uptrend channelThe price is within the uptrend channel ,we expecting in the coming month price of iota to be around 6$ before going parabolic once again just as 2017 bull market
Cup and handle on the weeklyA cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
IOTA +60% RUN, OR DO WE GO FURTHER DOWN?Hello Cryptnonauts
Let's take a look at IOTA! Recently we just saw IOTA Facing a new resistance Level between around 1.3275 and 1.3475. After a quick bounce away from that resistance, we are now looking forward to rechallenging this level.
So, therefore, you might ask if you should go and buy a potential breakout or maybe short at the resistance? These are good questions, and I try to give you a few possible setups that might appear.
Let's Take a look at the Bigger Picture first!
On the 1 Hour chart, we see that we are in a significant trend facing the bottom side. So generally speaking, a movement further down might be more likely at this point. But a trend can break every time, so we are also looking at the potential longs.
So let's go and cover a few potential scenarios.
Scenario 1 (Short) down to the support level
1Hour Chart
5Min Chart
At our Short scenario, we might move now a little bit more up until we either hit the resistance level or the red Trendline and push back from there down to our support level around 1.0400
So for potential entries, we would look at movements that are moving back to the downside from those levels.
Scenario 2 (Short) down into a Sideways Market and a potential Trendline break
In our second Short scenario, we are looking for a potential ending in a sideways market until we break the trend line for a bullish movement.
We are looking at the same Setup as in our first Short scenario but with another target.
Same Chart Setup for the Short position
Facing the new build support?
In this scenario, we are now looking at the new build support from the price bounce around 1.2000.
That level might end up in new support since 1.2000 also is a pretty easy number to trade, and it might stick in traders' heads for potential long positions. That's why we might end up in a sideways market, which has a great potential to break the overall downtrend and end up in a bullish market.
Scenario 3 (Long) Trend and Resistance level Breakout
Once Again, we are looking basically at the same chart, but with two potential breakouts this time. We can either directly break entirely through the resistance and trend levels or, what I believe would be more likely, break through the first Trendline, turn the resistance into a support for a price correction and then continue to breakthrough.
direct breakthrough
Trend Breakthrough with a minor price correction to the past resistance that then acts as support before we entirely turn into a bullish trend.
Those are the potential setups and movements I am looking into to make some trades. I hope I could give you some insights into my thoughts.
Happy Trading
Cup And Handle Chart PatternChart shows the possibility of the Cup And Handle Chart Pattern and it's target.
