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.
IOTXUSDT trade ideas
💡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 ❤️
$IOTX Big Moves Tomorrow!We are close to the boundary of the descending channel, tomorrow is the beginning of a new week, and it will start behind the channel boundary, I expect a resistance test at 0.095-0.10 with the further breaking through
If bitcoin makes a move lower, IOTX might duplicate the move and in that case, we will have 0.053-0.064 area as support
IOTXIOTX has great Volume and % Change today.
Golden Pocket of Fibonacci Retracement from January 24th is coming up, and I'm expecting a mild retracement into the 0.5 Fib level. This is only valid IF IOTX decisively bounces off of the Golden Pocket, or better yet, retests the Golden Pocket and heads towards 0.5 Fib level.
Long Target #1 = ~0.07177 (0.5 Fibonacci Retracement level)
Keep in mind that IOTX is in a Weak descending channel, there's always a chance that it'll break below the Golden Pocket.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
COINBASE:IOTXUSD
BINANCE:IOTXUSDT
BYBIT:IOTXUSDT
IOTX/USDT Bullish Inverted Head And ShouldersIOTX/USDT Inverted Head & Shoulders ( Bullish )
++
Possible Bullish Movement
===
This Idea was Private, I tried to edit it and make it public but that's not possible
here is the link of the private Idea "01/26/2022"
https: // www.tradingview. com/chart/IOTXUSDT/TyuCwG2Z-IOTX-USDT-Inverted-Head-Shoulders-Bullish/
(no spaces)
==
I hope I'm right!
=
Guys, See you on the moon 🎑 ;-D
Just Kidding!
IOTX, you need to be patient and wait for the opportunity to buyIt is basically confirmed that IOTX is completing the end of a round of adjustment.
Buying price: 0.0585-0.062, 30% of the position; the other 70% is best to trade on the right side;
Stop Loss: 0.055
Target:
0.135
0.215
0.36
0.42
good luck!
IoTeX (IOTX) Buy ZoneIoTeX (IOTX) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
We can clearly see Cup and Handle formation on the 4 hours timeframe for our IoTeX. Riding this beast to its previous mid term highs.
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$IOTX/USDT SPOT SETUP
Entry Price : 0.1101 - 0.1185
TP 1 : 0.12222
TP 2 : 0.1265
TP 3 : 0.1324
TP 4 : 0.14
TP 5 : 0.1508
TP 6 : 0.1596
TP 7 : 0.1694
TP 8 : 0.1848
Stop Loss : 0.0935
*Stop Loss - IOTX daily close below 0.0935
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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