IOTXUSDT trade ideas
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
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Iotex team seems to be making movesThis project is so solid. With the pebble tracker going into action, possibly being introduced into medical field for tracking medical supplies. Could even be used in the automobile industry for insurance purposes, and I think it will be used for that as well. Breaking a long term patter recently and looks poised to break another bull flag. Look into this project, it's gonna do big things.
IOTX curved channel and trajectoryThis is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
I know that the uptrend looks like magic and doesn't seem to have enough data for such a strong bull movement, but the last bull run was enough to create an angle degree that allows me to trace this channel. Combined with some tokenomics seems like a probable scenario for me.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
IOTXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
WEEKLY PRICE CHART ANALYSIS BUY PRICE: ABOVE 0.07043
STOPLOSS: 0.06492
WEEKS TARGET: 0.08340
MONTHS DEAD DROP: 0.05876
we will get a green candle stick this week if IOTX can go above our BUY ZONE 0.07043 which is a decisive level and targets 0.08340 for the week.
HENCE: We are advice to take profits once the week end in order to avoid a reverser during the start of a new week.
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