IOTXUSDTHi everyone,
This is my description:
Blue Lines: Resistance (Target for sell)
Orange Lines: Support (Step for buy)
Pink Rectangles: PRZ
Thanks for your attention.
IOTXUSDT.P trade ideas
IOTX under big resistanceif break up from the resistance level above, we could expect a bigger move up...
SRSI high, could retest 20sma or even support zone before moving up further,
If drop-down from support zone, and 200sma, we could expect more downside movement and take a short trade.
SRSI looks like it wants to print death cross.
Scalp traders could take short scalp trade if we lose support from 20sma.
Good luck traders
IOTXUSDTHi everyone,
This is my description:
Blue Lines: Resistance (Target for sell)
Orange Lines: Support (Step for buy)
Pink Rectangles: PRZ
Thanks for your attention.
IOTXUSDT - How to find a good project?I had a question from one of you about this coin, and decided to show my method of madness on how to find low/micro cap coins to invest in.
Sources of basic information:
www.livecoinwatch.com
coinmarketcap.com
Answer the questions using the above sources:
Who are the founders? (and are they trustworthy with my money) Stalk them! You are about to give them money.
What is the purpose of the project? I personally like protocols (ETH, SOL, AVAX), DEX (Uniswap), and unique utility (Think DOT and LINK)
Is anyone currently working on the project? when is the next update?
Website? You can learn a lot about what is going on with how well the website is built and upcoming milestones.
Technical analysis:
First, I would like to note, that I don't normally just ape into anything even if I think the project is good. I like to watch the price for a period of time to get a grasp of what is a good value buy.
Second, I would look at the chart and understand how much has it moved in the last 30-60-90 days and set a short/long term buy spot. For example here: now looks like a good buy spot and then sell around the $1.8 to $2 mark and wait for the correction. Due to my first rule, I would wait until after the correction.
My Chart Summary:
The chart has a bullish and bearish pattern formed on top of each other. It looks like the bullish Cup and Handle will play out first with a breakout to about $2. Followed by the bearish pattern playing out with a correction down to potentially $1. This whole chart does resemble a Elliot impulse wave with the rising wedge as wave one, first part of the cup as wave 2, second part of the cup as wave 3, handle part 1 as wave 4, and second part of the handle will be wave 5. The final correction to the second rising wedge will form the A-B-C correction post Elliot impulse wave.
Finally:
Technical analysis is nothing more of a possible solution to the current snapshot in time shown on the chart. Many things can develop over the coming weeks and months as we end this bull run. this chart could look totally different in a month with a look back at this post being totally wrong. With that said, nothing about this post is financial advice and I am not a financial advisor.
IOTXUSDTHi everyone,
This is my description:
Blue Lines: Resistance (Target for sell)
Orange Lines: Support (Step for buy)
Pink Rectangle: PRZ
Thanks for your attention.
IOTXUSDT - BULLISH SIGNAL UPDATEAs you all know, IOTX is not performing well from last 2 week and according to the Chart patterns, Ascending Channel is formed and also indicators giving bullish signal. + It has HardFork Event (Bullish Sign).
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
IOTXUSDT is creating a descending channel IOTXUSDT is creating a descending channel below the daily resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
IOTXUSDT Technical Analysis
⏳ Spot
💎 IOTXUSDT after breaking above the descending channel, it has gone for a retest. it is also possible that it goes all the way down to the Pullback zone before it goes up again.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.06670
☕️ TP1 0.08700
🍺 TP2 0.11000
🍻 TP3 0.13333
🍾 TP4 0.16000
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.05500
Good Luck 🎲
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Have a Profitable Day
RR=2.12 sell ideabearish crab pattern + bearish anti cypher pattern + bearish engolfing + stochastic at overbought zone
PLAN: IOTX - SHORT; BROADENING WEDGEIotx forming a broadneing wedge and has just hit the .618 fib retracement on the daily. I expect a pullback and will trade this Broadening wedge as shown, entry when we break down.
IOTX (IoTeX) , 280% gain ahead , finally did the breakout !hey yall ,
IOTX was making a descending channel for two months , now today we witnessed the breakout , time to RISE !
as you see in the chart , it's the time for the second top , in every cycle it does that ...
you can see the similarities between the cycles .
there is a MACD cross as well which is a good sign.
also here is the 4H chart , the breakout is obvious here :
targets are shown in this pic .
if you liked the idea , give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
also tell me your opinions on this idea in the comments .
GoOOoOd LuUuUUuck
#IOTX/USDT - Potential 10%#IOTX/USDT - Potential 10%
Reason: Small target - Emerging Ascending Wedge
Entry: 0.06331
Target: 0.06957
Stop-Loss: Below 0.06037
IOTXUSDT Daily TimeframeDaily Candle with possibility of continuation pattern. Accumulation in the flag mode might giving some potential energy to shoot up later.
Best area of interest for selling in future? proven roof there....
even though we are still expecting some correction next week and 2nd week of October, still worth to put into your watchlist.'
#tayor
IOTXUSDT - Correction over time to load up on the breakout.
Price has made a nice weekly correction and has started to find support showing signs of a deceleration, on the daily timeframe market has formed a inverted H/S. Waiting for a daily close above the confluence of resistance for a entry confirmation.
WATCH AND STUDYShort the retest and Long the breakout
I have two Poi in that Long entry areas
U can choose to do DCA or long while monitoring BTC
IOTXUSDT wants a new breakout?IOTXUSDT wants a new breakout?
The price tested the 0.786 Fibonacci level and now the price is going to test again the weekly resistance.
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
IOTXUSDT Starting on Short BullBismillah
My opinion on IOT. It was cheap, having a good volume, with a good setup. RR is good enough which may concure up to 1:6. Go wild Cryptorian
IOTXUSDT 4HHi everyone, I think targets of IOTX is show in the chart with numbers....
What do u think?
