IOTUSD Maybe We Get Rejected @0.786 Fib LevelIOTUSD Maybe We Get Rejected @0.786 Fib Level and 0.618 holds support or we break below it and hold support @yellow line
IOTUSD trade ideas
IOTA (MIOTA) - August 12Hello?
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(IOTAUSD 1W Chart)
If the price is maintained above the 0.57391761-0.70752520 range, we expect the uptrend to continue.
(1D chart)
We need to see if we can continue the uptrend by moving above the 1.07896204-1.20630784 section.
If it goes down, you should check to see if it finds support in the 0.7275250-0.79672550 zone.
If the volume profile section formed in the section 2.33397396-2.48227711 is upwardly broken, it is expected to create a new wave.
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(IOTABTC 1W chart)
The 6200 Satoshi branch is the bottom section and is a mid- to long-term investment area.
(1D chart)
If the price is maintained in the 2061 satoshi-2646 satoshi range, it is expected to turn into an upward trend.
If it goes down, we should see if there is support in the 1768 satoshi-2061 satoshi range.
To accelerate the uptrend, it must rise above the 3231 satoshi-3524 satoshi range.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Lets repeat it, but this time beyond ATH. Two head and shouldersLet's repeat it, but this time beyond ATH. Two head and shoulders on $IOTA. Free money
IOTA Big! Cup and Handle A cup and handle idea for IOTAUSD
Also threw in a nice little Adam and Eve pattern which has led to the formation of the handle
This structure is common among many altcoins I will be looking into more of these cup and handles on altcoins
3.59R IOTAUSD Entry Price 0.80315567 Target Price 0.77109500IOTAUSD Close Price 0.80315567
EMA 10 Close Price 0.80577123
EMA 20 Close Price 0.80990728
Trend Line Slope Coordinate (10 Jul 2021 19:00, 0.80696162)
Fibonacci Retracement 0.382 Price 0.80366518
IOT/USD: Upward breakout possible (3W).Upward breakout possible on pattern 3W. Bitcoin is also forming pattern 3W up.
In general, altcoins are growing more actively than bitcoin:
What is a signal in favor of price growth.
IOTA Double Bottom BounceyIOTA is sitting above 1.618 of its current forming uptrend
And has formed a double bottom
This is also the 0.5 Fib of the larger overall downtrend
Momentum upward should continue within the conditions of a bull market
IOTAUSD Analysis - Adam and EveAn Adam and Eve formation has allowed the transition through 1.618 into the next fib ring
Now a rounded Top is forming which I love to see, as they tend to break out to the upside frequently
The only question is will this breakout be localized within the same Fib ring or push out into 4.618? Time will tell
A few other patterns have been included also
My personal bias on IOTA is neutral
#IOTA $IOTA #MIOTA - The Market CycleI'm now looking for the 4th wave to complete on HTF support, which will then lead us into a very violent and explosive 5th wave. Look at Oct 2017 > December 2017 as an example.
The times/dates of price forecast are only for illustration purposes.
I believe this will be the 'minimum' target to chase within this Bull Market Cycle.
I'm long. Average re-entry of 0.65c.
Is this an opportunity of a lifetime ? IOTAUSD, IOTABTCJust having fun here - I love being optimistic when there's blood on the streets.
Let's watch this one over long term.
GLT !
IOTA - Two Year Accumulation; SOS and LPSAssuming the massive support BINANCE:IOTABTC 2200-2400 sat holds
IOTUSD Descending Triangle Target Zone 0.9114$ - 0.98$IOTUSD Descending Triangle Target Zone 0.9114$ - 0.98$
