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IoTeX / TetherUS PERPETUAL CONTRACT

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IOTXUSDT.P trade ideas

IOTXUSDT Technical Analysis ⏳ Spot 💎 IOTXUSDT on H4 has formed a Symmetrical triangle and has broken above the resistance already. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 0.05600 ☕️ TP1 0.06730 🍺 TP2 0.07040 🍻 TP3 0.07400 🍾 TP4 0.08225 🍷 TP5 0.09000 🍸 TP6 _______ 🍹 TP7 _______ 🎁 TP8 _______ 🚫 SL 0.04800 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
10
🔥 IOTX Revived: Another Bullish WaveIOTX has seen a major bullish move during the first two weeks of August. Since then, IOTX has bled value and dropped over 50%. During this time, IOTX found strong support at the 0.618 Fibonacci retracement level, or $0.07 in dollar value. Over the last two days, IOTX has seen two strong moves, potentially indicating revived investors' interest. Main target for the current move lies at $0.10, which coincides with the 0.382 retracement level. In the longer term, I'm looking at the current ATH as a target, based at $0.15. Happy trading!
Long
by FieryTrading
9
IOTX/ Moon Again?Current price action of $IOTX shows that its in a tight range spanning the vert of the 50 to 61% pullback zone from the huge run up it had in early August. At any point on a pull back, this area is almost always the perfect time to re-enter the market...especially on a bull run. There have also been multiple coins in the last few days that I have posted that showed similar price action to the last 17 days of $IOTX. Coins such as $FLOW, $FTT, and $VET, which have all recently broken out in the past 3 days after my posts respectively. This is giving me the vibes that sooner or later $IOTX will do the same...hopefully tomorrow. One thing to keep in mind is that Bitcoin is now at 50-51.5k resistance where there is obviously a volume cliff of sellers waiting. These sell walls could be spoof orders from whales etc. The price action of BTC can affect IOTX, but its obvious to be that IOTX has seemed to take whatever drops pretty good and someone is holding the bottom up. Regardless, trading is about action and not thinking too much in the moment. Will be laddering orders in here, and expect a high probability of having similar outcomes to the coins mentioned before. Check comments and linked posts for more info on those prev. analyses.
by N0ST0PL0SS
2