IOTX - Breakout or breakdown.IOTX went on a massive 550% bullrunn after coinbase listing.
A big correction is sometimes expected during such events. We started of forming a bearish HS reversal pattern. But we seem to have found support along with BTC.
For now it looks like we are forming a bullflag witch is a bullish continuation pattern.
Im watching this buddy close for a possible breakout if BTC goes 50K and beyond.
IOTXUSDT trade ideas
SWING TRADE - INTRADAY IOTXUSDT - LONG POSITION!!!FUNDAMENTALS!!!
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.
Therefore, this coin is one of the most powerfull coins to those who understands tech business. And guess what!!! Techies does have a lot of money to invest, hence, market cap of this coin will increase pretty soon and because of limited circulating supply it's value will sky rocket very soon(this makes this coin very good for long term holding).
TECHNICALS!!!
IOTX has enjoyed last 3 days alot and remained in the limelight of strong gainers, It's RSI remained above 90 for past 3 days, but since last 6 hours RSI has droped but price is still have not droped drastically, it means that investors belive in this project. We are estimating this downtrend is just a retracement for and wave to come in very near future. Indicators indications are as below;
a. 1hour time frame - RSI is showing below 30 making this coin value undersold. Potential reversal will happen. And this reversal will be very short lived.
So, Entry and exit points on the Chart!!!!!
Best of Luck.
LONG IOTX/USDTIOTX has recently been listed on Binance and so far it is doing great. Here is your chance to get your hands on IOTX.
Enter $0.09694 to $0.1
SL: $0.09413
Targets:
$0.10469
$0.11157
$0.11766
Do accumulate and hold on to your SL. 10% to 20% profit is on its way.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Like, and comment.
Thanks.
IOTXUSDT$IOXTUSDT
As we have seen in the chart after the recent pump as at the 9th of this month to the 10th, we noticed a massive decline of price due to an increase in supply of this assets, though haven't seen any news due to fundamentals but I still see more dumps to buy liquidity zone which afterwards should be able to see some ranges before a pump once again!!!
we still give you guys more update once am fed up.
thank you 🤝
IOTX$IOXTUSDT
As we have seen in the chart after the recent pump as at the 9th of this month to the 10th, we noticed a massive decline of price due to an increase in supply of this assets, though haven't seen any news due to fundamentals but I still see more dumps to buy liquidity zone which afterwards should be able to see some ranges before a pump once again!!!
we still give you guys more update once am fed up.
thank you 🤝
IoTeX (IOTX) coin formed bullish Gartley for upto 45.5% moveHi dear friends, hope you are well and welcome to the new update on IoTeX (IOTX) coin.
Previously we had a nice trade of IOTX:
Now on a very small time frame 2-hourly time frame chart, the priceline of IOTX has formed bullish Gartley pattern.
IOTX ready to break fib resistance as volume is backInterest is back as volume oscillator showing spikes at resistance .
get ready to buy the break (have tight entry exit idea, as fake-out can be fatal)
Retesting ATH is highly possible, so DCA buy sell carefully.
if it didn't break resistance it will be likely to heading support for retest.
Good luck
IOTXSUDT BROADENING DESC. TRIANGLE Iotx has been a great coin with high potientials since the offset of the month of august. After a wide consolidation that happened for months, iotx has spiked up to hit the regular target of the ascending trendline. At the moment, iotx has bounced with over 400% ROI but the specified target is inevitable for iotx. Price has risen to a certain level to retest the previous ath which was successful and we saw price bounced from the new support zone. The main target has been listed on chart. For any entry above this support zone put a stop loss underneath the previous ATH.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
IOTX Channel with Upper and Lower limitsThis 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 "moving averages" that cover the center, upper and lower boundaries 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 have added a dotted path that represents a correction to the uptrend movement, but has weak fundamentals to support it. It's rooted onto the idea that the upper curved channel reached a limit and has to correct first, then later attempt to keep the bull route.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
IOTXUSDTIOTXUSD 1days/candle chart review. updated outlook still valid today. end of 2021 PT BULLS 20 cents. 800-1000% UPSIDE BUY LOW. MARKET BUY / ACCUMULATE. overall strong chart/ V-shape recovery. chart is LOG SCALE .get ready to BUY LOW later .market buy // buy dips / pullbacks already bottomed out .up to 1000% gains possible later. short-term pullback/correction .correction/pullback NOW .however chart looks strong. TP bulls is +1000% gains .FINAL TP is 1000% gains . recommended strategy: BUY/HOLD at MARKET. bull run not over yet.
IOTX Back to ATHIOTX(IOTEX) is now consolidating at the bottom of trendline ready for breakout to the upside!
This currency is highly undervalued atm and has a 4-5x potential back to ATH and more.
Nearby bullish events : Covid 19 has delayed the release of pebble tracker due to lack of electronic components. As the world opens up we should be closer to release.
Pebble tracker info www.youtube.com