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).
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RISK FACTORS:
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IOTXUSDT is creating a descending channel IOTXUSDT is creating a descending channel below the daily resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
IOTXUSDT Technical Analysis
⏳ Spot
💎 IOTXUSDT after breaking above the descending channel, it has gone for a retest. it is also possible that it goes all the way down to the Pullback zone before it goes up again.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.06670
☕️ TP1 0.08700
🍺 TP2 0.11000
🍻 TP3 0.13333
🍾 TP4 0.16000
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.05500
Good Luck 🎲
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IOTX (IoTeX) , 280% gain ahead , finally did the breakout !hey yall ,
IOTX was making a descending channel for two months , now today we witnessed the breakout , time to RISE !
as you see in the chart , it's the time for the second top , in every cycle it does that ...
you can see the similarities between the cycles .
there is a MACD cross as well which is a good sign.
also here is the 4H chart , the breakout is obvious here :
targets are shown in this pic .
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and if you wanna see more of these , follow , heck of analysis are on the way !
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GoOOoOd LuUuUUuck
IOTXUSDT Daily TimeframeDaily Candle with possibility of continuation pattern. Accumulation in the flag mode might giving some potential energy to shoot up later.
Best area of interest for selling in future? proven roof there....
even though we are still expecting some correction next week and 2nd week of October, still worth to put into your watchlist.'
#tayor
IOTXUSDT - Correction over time to load up on the breakout.
Price has made a nice weekly correction and has started to find support showing signs of a deceleration, on the daily timeframe market has formed a inverted H/S. Waiting for a daily close above the confluence of resistance for a entry confirmation.
IOTXUSDT wants a new breakout?IOTXUSDT wants a new breakout?
The price tested the 0.786 Fibonacci level and now the price is going to test again the weekly resistance.
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.