IOTXUSDT ANALYSISI have 4 positive signal it is above the support(horizontal now) line
If you cought with 50 ma cross 20 ma buy signal you got x5 profit
If you cought with Moon signal you got x4 profit
If you cought with Bull signal you got x2 profit at this chart that is why you should use EngineeringRobo
If you want to buy this coin it is ok to buy now but watch carefully EngineeringRobo signal
If you hold this coin don' t hurry to sell it watch EngineeringRobo' s sell signal
Finally and Unfortunately EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
If you want to use EngineeringRobo please dm me. Have a good trade
IOTXUSDT trade ideas
IOTXUSDT ANALYSISBased on my analysis, the candles are stuck between dashed line and the horizontal line(0.008227). In my opinion, the candles cross and pass the last horizontal line(0.008227) very soon. Therefore,
If you wanna a little risk, you will buy it now, or
you wait a few days and when you see the candles will open and close above the horizontal line, that time you may buy it.
Your choice, but if you ask me, I would prefer to wait until pass the line.
Besides, I prefer to look at EngineeringRobo's signals as well. :))
IOTXUSDT⚠️✅⚠️ Breakout Incoming, pay attention!💬 IoTeX (IOTX) looks like it is gearing up to break resistance. Let's analyze this bad boy of blockchain and Chainlink partnerships to see if the bulls can break on through or if the bears will end the glory here.
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Support:
S1: The first support level is the S1 orderblock. Anything more than a quick wick down to here breaks our current bullish structure of higher lows. So even though there is support here, it should be viewed cautiously.
S2: The S2 S/R flip is a logical place to find support. The momentum of the current move would be lost here, but that doesn't mean this support can't or won't hold.
S3: If needed there is also the S3 orderblock range. Anything below this changes our overall bullish outlook on IOTX.
Resistance:
R1: The R1 orderblock at the previous swing high is our first point of resistance. We'll be looking for this to act as support once broken.
R2: The R2 high from the initial move up back in May is the last point of resistance. What the bulls will want to see is a move up to R2, support found at R1, and then a push higher through the Multi-timeframe resistance noted below.
Daily Multi-Timeframe:
There is a major price pivot point that is currently acting as resistance. It is the potential to break this and for the USDT pair to make new highs that has us excited. Let's go bulls!
BTC 4h Multi-Timeframe:
You can see that the current daily USDT range is also significant on the 4h for the BTC pair. While there is a rather large range here to consider, this chart illustrates what we are looking for. We want to see an ABC move above this resistance, with a retest of it, before moving higher.
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Summary:
This play is all about breaking resistance with the current momentum, so a retest of lower ranges is pretty far outside the scope of what we are looking for. We want to see a run now, do you think we'll get it?
Resources:
cryptobriefing.com
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IOTXUSDTIOTXUSDT, the trend has been increasing and currently above the uptrend line.
1. It might continue to increase until the resistance line at 0.006 then break it above with an open-close candle, it is time to buy some or more.
2. It might start to decrease and pull the uptrend line back with an open-close candle. It is time to sell or you can also wait until the trend goes down and breaks the support line below with an open-close candle to sell.
-EngineeringRobo's signals work well!
IOTXUSDT [+50% LONG] 1W🚨TRADE SIGNAL🚨
IOTXUSDT: Binance
-Enter in the entry zone, on reversal
- SMA should retrace below the price
- at the end of a Bullish symmetrical Triangle
-ending a double-handled cup
✔️Entry Zone = 0.005110 - 0.004570
💵Take Profit A = 0.007070 +50%
🛑 Stop Loss = 0.003714 -6%
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IOTX/USDT - LONG - POTENTIAL 7%PAIR: IOTX / USDT
T/F: 1HR
LENGTH: SHORT
ENTRY: 5550
TP1: 5605
TP2: 5730
TP3: 5960
S/L: 5400
NOTES:
- Sitting on support
- Oversold on RSI Deviance
- Breakout to pullback
- Strong Uptrend
- Minimal resistance above
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Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
Binance Hot list coin July, 3rd 2020 : IOTXUSDT #1With this current structure of distribution stage, the price is now trending in the sideways moves with a forms of descending triangle and the volume is getting lower and lower overtime giving a sign of potential break out to the upside. Once we see any break out toward the blue resistance trend line (or the upper line of current descending triangle) with a significant volume, it's better to open any long position with the target on the interim body closes on swing high candle (white region).
IOTXUSDT - Need More Volume Hello IoTex Traders!
If you like this idea than please hit the like & follow button.
On the bigger picture we can see that we broke out the huge triangle and after that breakout we are consolidating in a bullish pennant formation.
If we measure the point from the low (A) to the high (B) and project this distance than we will be at major resistance of 0.0068
The only thing missing is Volume, we need that finally push to get this trend started!
Taking a look at IOTX: Mainnnet GA Launch SOON!!Hello and Good day to all, I am very happy today with the previous forecasts hitting WAY ABOVE EXPECTATIONS. Thank you all for your support!
As a way of giving back, I am doing an analysis on this up and coming coin: IOTX TOKEN, support me by liking and following! I will really appreciate it and let us grow together, one day I hope to become a top trader and you guys will be the first to have followed and made continuous profits from my analysis!!
IOTX Technical Analysis:
At the moment in H1 Time Frame, IOTX has broken up and is currently undergoing a strong pullback for the past 6 hours. The 0.786 fib level has tried and failed to validate as support as seen in the long hourly H1 wicks which gave way to the selloff.
Now we wait to see if 0.5 Fib level can serve as a strong support for a REBOUND TO THE UPSIDE (this region is a common area of reversal)
If it fails, we look to see how IOTX reacts to touching the 0.236 Fib level (Below this, IOTX has likely lost bullish momentum and I would not recommend touching it)
Fundamental Analysis (Bullish):
- GA MAINNET Launch on 1 June --> Hype creates momentum for BUYING Pressure
- Pretty solid fundamentals and potential for implementation (www.youtube.com) --> Emphasis on full decentralisation, I see an uptrend on IOTX whenever there is news of adverse politics in altcoin management (etc EOS problem with decentralisation/TRON being too centralised)
- Be careful on sell off nearing the launch, would keep an eye on the charts for now
As always, feel free to like and comment your thoughts and any altcoins you would like to discuss about!
Best Regards,
GOLD D ROGER
A humble trader
The Internet of Face Melting Mainnet Gains 🤑 | IoTeX ($IOTX)🤯 If you haven't heard of IoTex (IOTX), then you haven't been watching Binance charts. IOTX has been an absolute beast! That is likely in no small part to a mainnet launch coming up on June 1st. The reality is this Mainnet, launch titled "Machina," could be longterm bullish or just short term for IoTex, but for us this doesn't matter. Our goal is to map out some key levels of interest for anyone looking to go long into the mainnet launch.
Two key levels to watch for support are S1 and S2. S1 is a great place to find support if we are going to retest or even breach the previous high before June 1st. At S2 things start favoring the bears, as S2 is a perfect setup for a dead cat. S3 is the last level of support we are watching short term, but this is where bears need to consider a potential short.
Meanwhile to the upside, R1 is the main resistance level to watch, although the current range could also become a notable resistance if we travel lower.
In general here, as exciting as the new tech is, traders should keep in mind what makes this chart attractive is the momentum and current clear uptrend. If the momentum and uptrend are lost, we are likely not to be looking to chart this one again for a while.
(GG Bears)
Resources: twitter.com
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IOTXUSDT formed bullish BAT | A good long opportunityPriceline of IoTeX / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.004652 to 0.004595
Sell between: 0.004788 to 0.004991
Regards,
Atif Akbar (moon333)