IOTXUSDT H4: 120% gains BEST level TO BUY/HOLD(SL/TP)(NEW)IOTXUSDT H4: 120% gains BEST level TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
🔸 Summary and potential trade setup
::: IOTXUSDT 4hours chart review
::: accumulation in progress now
::: updated/revised outlook
::: focus on buying pullback/dips
::: 120%+ gains still possible
::: currently trading mid range
::: BUY/HOLD setup TP +120%
::: up to 120% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +120% gains
::: details: see chart
::: TP BULLS +120% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/BUY LOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
IOTXUSDT trade ideas
IoteX showing its resilienceI'm invested in Iotex so i hope to see a continuation to the upside maybe not immediately but if bitcoin manages to consolidate for a longer period on the current levels we might be alright right? xD
notes are on the chart.
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
🔥 IOTX/USDT Bullish Channel TradeAs seen on the chart, IOTX has been following this channel for almost a month now. At the moment, IOTX is facing a small bearish correction to the lower support line of the channel. If the price were to bounce from the support line yet again, it could be a potentially amazing buy in area for short term investors to trade the channel.
To trade this, wait for the price to enter the yellow marked area and wait for a big bullish candle. This marks the start for a bullish trend reversal.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
#IOTX/USDT - Potential 12.66% #SWING
#LONG
#IOTX/USDT - Potential 12.66%
Entry- 9811
TP1- 10501 (75%)
TP2- 11053 (25%)
SL- 9089
- Key Notes - BTC looking Bearish - If it breaks down it will collapse the trade - Weekend Trading = Higher Risk
- RR - 1.72
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
IOTXUSDT created an inverse head and shoulder 🦐IOTXUSDT created an inverse head and shoulder on weekly support, and now the price is testing daily resistance.
IF the price will break the resistance and flips into support According to Plancton's strategy, 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.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
IOTXUSDT AnalysisSince there are 2 SELL signals present, I'm BEARISH .
And I don't think this is a good time to buy.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.011) for 1D to buy,
3- You can buy when candles touching the support line (0.0062).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
IOTXUSDT analysisBuy 1 and bull signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy at 0.0081
2. We can buy at support = 0.007usdt
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.011usdt
Since there is an existing sell2 signal, either sell 1 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.