IOTX could be in a downtrend - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Operational Information
• Entry price: 0.03306
• StopLoss: 0.03496 (Loss 4.89%)
• TakeProfit Minimum: 0.03175 (Win 4.80%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
IOTXUSDT trade ideas
$IOTXPull back to the 200 , taking a punt at this
daily stoch about to cross so going to give this a day maybe 2
still thinking flush before weekly close then we continue up so trade with caution
dominance is also looking like it may start its journey up so maybe time to long corn as opposed to alts
IOTX Possible Downtrend on H4 - Cryptoz18█ Operation Information
IOTX after a very strong uptrend is currently at stake in its 4H trend, I personally expect a breakout to the downside.
█ Operation data
• Entry price: 0.03076
• StopLoss: 0.03129 (Loss 3.27%)
• TakeProfit Minimum: 0.02919 (Win 3.66%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
]█ Explanation of how the operations work:
Here you can find a brief explanation of how the operations work in case you are interested in following them.
█ Warning
✔️ Blockchain or FX operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trade ideas publicly for the viewer to do their own analysis and decide to enter based on her own decision making. The viewer is recommended to have good risk management in their operations. To do this, take into account the fundamental data of Asset Volume, Market Capitalization, Supply, Percentage Change Price, Current Volatility, Perpetual Data, and lastly, proper Margin and Leverage management. Be careful, you can lose all your money in the future if they have poor risk management. Nothing more to say thank you very much.
IoTeX Longterm TF Analysis (Bottomed Out=145% Bullish Potential)Good evening my fellow crypto-trader, I hope you are having a wonderful day.
Let's look at IoTeX (IOTXUSDT) on the weekly timeframe together...
We start with the major downtrend marked on the chart.
This downtrend has been broken.
Notice the long lower wick candle on the week of 9-May.
This wick sets the low.
We have a -9 on the TD Sequential after the low candle and then a higher low, signaling that the bottom is being formed.
After almost 2 months of consolidation, a bullish breakout shows up...
This is our signal.
Based on the above information we can expect additional growth.
145%+ mapped on the chart.
Note: The 9-May low can be used as the stop-loss.
Namaste.
IOTXUSDT needs to create a new breakoutThe price bounced from the demand zone on 0.022$ on 4h Timeframe and retested the 0.786 Fibonacci level.
The price is testing the previous support as new resistance above the demand zone.
How to approach?
IF the price is going to grab new liquidity and create new breakout from the 4h resistance, 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 🦐
#IOTEX $IOTX testing resistance, more upside coming?iotx has been testing the 4h resistance level around $ 0.0255
if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.029 as the target (following 4h resistance) and something around $ 0.023 as the stop loss, which is just below the swing low, which could act as new support and bring the price back up on a retest
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Short IOTXIOTX had increased almost 40% since its fall (along with BTC) on 13th June.
It has shown some signs of weakness, mainly the decreasing volumn as price rises.
On 4H TF, its has broken the trendline. The so did the RSI.
Retest of trendline is possible before going down again.
As usual, some proposed resistance and targets are in chart.
IOTX/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
IOTX/USDT: On Buying area, Direct rise expected
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets IOTX suffered about negative global market situation
- However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical element
Market configuration
- Graphical Elements :
Graphical Resistance = 0,081 & 0,2610
Graphical Support = 0,025 & 0,01280
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market = Bearish
RSI indicator (below) is bouncing off key support = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (c) (B) has been already reached = 0,2830
Fibonacci resistance of the wave in progress = 0, 052
Fibonacci support of the wave (c) (B) (max extension) = 0,01280
Fibonacci Bullish Target = 0,081 (auto-similar move)
Conclusion
Preferred case => Regarding the mid-term element, IOTX is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 0,052 and 0,081 as long as 0,025 remains support - In extension a larger rise towards the previous top at 0,2610 can't be ignored
IOTXUSDT 4H🔥 THERE IS MORE FORCEHello everyone👋👋
Samsung recently announced that they are partnering with IOTX and that they are investing 10million in their project.
At the moment, on the 4H (TF) chart, it is drawing a double bottom, I think it's time to buy an asset against the backdrop of positive news.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
IOTX/USDT has a futureHey guys,
Let's talk about IOTX. So recently Samsung has announced that they are partnering with IOTX and that they are investing 10million into their project. At the same time we sow a Double Bottom so we think it is good time to buy with the combination of pattern and good news. Our take profits are set with the blue lines (Tp1-Tp3) and red box is the buying zone for us. Web 3.0 is about to see some massive change
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🆓IoTex (IOTX) Jun-01 #IOTX $IOTX
IOTX has a support zone at $0.038, if it doesn't lose this zone, it will continue to move towards $0.045, $0.55 or even $0.065 this June. The selling force in these areas is not too strong, so the important thing is that the buying force needs to be pushed in. If it loses the $0.038 zone, it will temporarily correct to the $0.032 and $0.026 zone to retest these areas, the future of IOTX is still very bright.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.038$ zone
🔴Buy : 0.038
🔴Sell : 0.045 - 0.055 - 0.065
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.038$ zone
🔵Sell : 0.038
🔵Buy : 0.032 - 0.026
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
IOTXUSDTPrevious support didn't hold
We're now @ the same level before the rally to ~0.28 started
on the 4H TF we still need to see an other market structure before we can see some upward movements. See the link to related ideas
BTFD
NFA
Overall market conditions don't look very good because of the stock market closed prices