IOTXUSDT.P trade ideas
IOTX - Trend chartHello trading friends,
IOTX has hyped before after the Mainnet News trends, and as today are also an important day - but the question is still are we going to increase more - or go into a new downtrend?
Depending on TA it's still into the green trend - but if there are unexpected trends from BTC it could follow.
We will see the coming time or IOTX will confirm some uptrend levels.
Have a good time.
$IOTX.X/USDT - Long - Potential 28.79%$IOTX.X/USDT - Long - Potential 28.79%
Exchanges: Huobi.pro, Binance, KuCoin, Bittrex
Signal Type: Regular (Long)
Entry Targets:
1) 0.09317
Take-Profit Targets:
1) 0.10066
2) 0.10803
3) 0.11932
Stop Targets:
1) 0.08490
Entry Triggers - Hardfork And Mainnet upgrade supported by binance
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
IOTXUSDT (IOTEX) Daily tf Range Updated till 22-3-22IOTXUSDT (IOTEX) Daily timeframe range. this is one of the unstable alt with some bag holders. the massive P AND D within middle of range in past did indicates how it can perform and hows the risk. apart from that it goes back to decent price action with some decent setups.
IOTXUSDT is testing the 4h resistanceThe price wants to retest the monthly resistance on 0.85$ after the retests on o.07 Daily support.
on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83
How to approach?
The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
IOTX is good and old fashioned and spikyHi guys,
DR is an old fashioned dynamic resistance or Target, we believe it's not that much probable to reach that, but:
if you hold and market crosses the R1 line, make it risk-free and wait for S2 at least...
these are Moon signals that we're not really used to publishing. but these recent signals? we couldn't ignore...
keep in touch
IOTX long reversalTotal market:
- Bulls held up total market on weekly chart, looking to see a bullish reversal for the upcoming week
Daily:
- Price currently at strong daily support, bulls coming back into the market
4H:
- Had strong push and close above both MAs
1H:
- formed flag down to the 0.5 fib level which has been respected. Broke out of downtrend line with strong bb break
Trade Management:
- Will be based discretionally
Stop loss: 0.0709
- below VPVR and 0.382 fib level
Take profit: 0.0943
- at 1.618 fib extension of flag, also near prominent resistance / support level on higher time frames
Trade would be invalidated if we fail to break 0 fib level in a timely manor (ultimately invalidating flag pattern, meaning more chop consolidation incoming)