IOTXUSDT trade ideas
IOTX/ Moon Again?Current price action of $IOTX shows that its in a tight range spanning the vert of the 50 to 61% pullback zone from the huge run up it had in early August.
At any point on a pull back, this area is almost always the perfect time to re-enter the market...especially on a bull run.
There have also been multiple coins in the last few days that I have posted that showed similar price action to the last 17 days of $IOTX. Coins such as $FLOW, $FTT, and $VET, which have all recently broken out in the past 3 days after my posts respectively. This is giving me the vibes that sooner or later $IOTX will do the same...hopefully tomorrow.
One thing to keep in mind is that Bitcoin is now at 50-51.5k resistance where there is obviously a volume cliff of sellers waiting. These sell walls could be spoof orders from whales etc. The price action of BTC can affect IOTX, but its obvious to be that IOTX has seemed to take whatever drops pretty good and someone is holding the bottom up.
Regardless, trading is about action and not thinking too much in the moment. Will be laddering orders in here, and expect a high probability of having similar outcomes to the coins mentioned before. Check comments and linked posts for more info on those prev. analyses.
IOTXUSDT Technical Analysis
⏳ Spot
💎 IOTXUSDT on H4 has broken above the Bullish Flag and has formed another smaller Bullish Flag. After the Pullback it could go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.07500
☕️ TP1 0.09250
🍺 TP2 0.09900
🍻 TP3 0.10330
🍾 TP4 0.117500
🍷 TP5 0.11580
🍸 TP6 0.12200
🍹 TP7 0.13590
🎁 TP8 0.150000
🚫 SL 0.07000
Good Luck 🎲
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Have a Profitable Day
IOTXUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price is fluctuating within a triangle. If the price is not supported, we consider the fall to the next support line. But if the top line of the triangle is broken and stabilized, we can enter the trade for the above goals.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
💡Don't miss the great buy opportunity in IOTXUSDTMidterm forecast:
0.057000 is major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI support #1 at 49 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 0.068550 on 08/26/2021, so more gains to resistance(s) 0.085500, 0.099000, 0.117500 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 64.
Take Profits:
TP1= @ 0.099000
TP2= @ 0.117500
TP3= @ 0.150000
TP4= @ 0.170000
TP5= @ 0.196300
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💡Don't miss the great buy opportunity in IOTXUSDTMidterm forecast:
0.057000 is major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI support #1 at 49 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 0.068550 on 08/26/2021, so more gains to resistance(s) 0.085500, 0.099000, 0.117500 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 64.
Take Profits:
TP1= @ 0.099000
TP2= @ 0.117500
TP3= @ 0.150000
TP4= @ 0.170000
TP5= @ 0.196300
❤️ 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 ❤️
🆓IoTeX (IOTX) Aug-25 #IOTX $IOTXSelling was stopped at $0.07, which is the strong support of IOTX at the moment. If it doesn't lose this $0.07 zone, in the next few days IOTX will rally back to the $0.10 and $0.14 zones. But if it loses $0.07 zone then at least it will fall to $0.055 zone
📈BUY
🔴Buy : 0.068-0.072$. SL if B
🔴Buy : 0.0975-0.1025$ if A. SL if B
📉SELL
🔴Sell : 0.0975-0.1025$. SL if A
🔴Sell : 0.137-0.143$. SL if A
♻️BACK-UP
🔵Sell : 0.068-0.072$ if B. SL if A
🔵Buy : 0.0535-0.0565$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
📊View on TradingView
🖥View on CS Global (beta) (cryptostationglobal.com)
IOTXUSDT - Long - Potential 50.11%IOTXUSDT - Long - Potential 50.11%
Exchanges: Binance, Bittrex, Huobi.pro, KuCoin
Signal Type: Regular (Long)
Entry Zone:
0.071952 - 0.08300
Take-Profit Targets:
1) 0.086092
2) 0.099771
3) 0.122822
Stop Targets:
1) 0.054912
Entry Triggers- Reversal, nice volume, breaking out of a bullflag
IOTX Preparing for ANOTHER Insane 3xIOTX just had a huge run-up between August 9th and 11th, and now it is bull flagging and preparing for the next run-up. At $0.07 it is half price compared to the high it just put in a week and a half ago. If we hit our bull flag target it will run all the way up to $0.20