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
IOTXUSDT trade ideas
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)
IOTEX - upside potential towards 0,3240IOTEX - upside potential towards 0,3240
IOTEX - Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives
IOTEX is the native coin that governs the underlying blockchain protocol while being used as the gas for the blockchain protocol
IoTeX Supply
Circulating Supply = 9 540 779 324 IOTX
Total Supply = 9 626 124 332 IOTX
Max Supply = 10 000 000 000 IOTX
Context:
Since the introduction late 2019 beginning of 2020 the IOTEX Token is evolving in quiet healthy upside trend with 2 significant pull-back structure during the last past 12 months (Blue support)
The Elliot & Harmonic structure is complex with a lake of historical data. However we can already activate some projection considering the ascending consolidation pattern ended with 0,3240 as standard target.
Tactical View - 1 to 3 Weeks
The short-term bearish trend line has been surpassed and the RSI daily indicators is reintegrated the positive area above 50% providing clear bullish signal on the shorter run.
As long as 0,0790 remains a Tactical Key Support in a Daily Close a further rise towards 0,1850 in a first step before 0,3240
We add IOTEX at 0,1107 in the AKT Portfolio
Enjoy
IoTeX - To the moon ? - based on log chart channelEverything is in the chart...
Disclaimers:
!! This is not an investment advice and you shouldn't follow this setup !!
!! Never invest/trade with more money than you can afford to loose !!
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-Credits to xtekky-
IOTXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. R1 is the resistance line and after the price arrived there, our Short signal was issued. Stop Loss is a little above the R1 line. S1 is the first support which the price is moving around. We expect it to move a little up and then fall back down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
🆓IoTex (IOTX) Feb-16 #IOTX $IOTX
In the past few days, IOTX has just received a strong selling force from the $0.12 zone and made IOTX lose the $0.1 zone and fall to the $0.09 zone. However, selling has been halted and IOTX may recover to the $0.11 zone in the next few days and it will continue to rise to the $0.15 zone in the near term.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.09$ zone
🔴Buy : 0.09
🔴Sell : 0.11 - 0.13 - 0.15
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.09$ zone
🔵Sell : 0.09
🔵Buy : 0.08 - 0.065
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
IOTXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has been able to break the S1 line which was previously the resistance. This is the pullback. You can set the Buy order here and save profit at the R1 and R2 lines. You had better save half of your profit at the R1 line and keep the other half for the R2 line because the price can hit the R1 line and then come down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
IOTX, short-term bullish, pay attention to risksIOTX
The current price is around 0.09
Anticipating the situation:
1. After the shocks are sorted out, it is possible to reach a higher level in the next 3-5 days, with a target of 0.0985-0.101 and 0.11.
2. If it can't break through, it will fall down. If it can fall below 0.0734, the falling targets in March are 0.04 and 0.028.
💡Don't miss the great buy opportunity in IOTXUSD @iotex_io
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1127).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68
Take Profits:
TP1= @ 0.1187
TP2= @ 0.1284
TP3= @ 0.1375
TP4= @ 0.1499
TP5= @ 0.1616
SL= Break below S2
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💡Don't miss the great buy opportunity in IOTXUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1127).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68
Take Profits:
TP1= @ 0.1187
TP2= @ 0.1284
TP3= @ 0.1375
TP4= @ 0.1499
TP5= @ 0.1616
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️