IOTXUSDT: Bullish Trend (AB=CD Pattern)IOTXUSDT.P is forming AB=CD pattern with no bearish dervergance, and currently move on 0.5 level of fib. so we can take entry on market price. or wait for the break out of the entry point.
IOTXUSDT trade ideas
IOTX Short Opportunity IOTX Short Opportunity
If price will break down support I will Enter after Retest Short Position
IOTXUSDT: Bullish TrendIOTXUSDT.P is forming Bullish Divergance on 30mint time frame, so we wait for the break out of the entry point and privious LHs to the confirmation of the bullish trend and take a new long entry.
IOTXUSDT: Bullish Trend (Bullish Flag)IOTXUSDT.P is exhibiting a Bullish Flag Pattren, with no divergence observed. The chart indicates the formation of a Bullish Flag Continuation Pattern. When the trend resumes its previous pattern after breaking the sideways movement, the price breaches the Entry Point (Resistance).
IOTX/USDT Reclaimed above the resistance, Continue Bullish move?💎 IOTX has been making notable strides in the market lately. It has successfully reclaimed its position above a key resistance level, which could be a positive indicator.
💎 Following its retesting phase, IOTX is poised for a probability upward trajectory as it aims to challenge the Bearish OB zone once more.
However, should IOTX close below the resistance area daily, it could signify a false breakout. In such a scenario, there's a likelihood that IOTX might resume a downward movement, heading toward the demand zone.
The demand area is critical for IOTX's recovery and upward continuation. A strong bounce in this zone is essential to prevent further decline. Failure to maintain momentum in this area could result in IOTX descending towards the support level, and possibly even lower, underscoring the significance of this juncture for its market trajectory.
IOTXUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
IOTX - Descending Triangle - Potential Long Potential long trade with a break and retest of 0.051. At the beginning of the month we completed a formation of a descending triangle as seen here. The recent bearish price action appears to have been a false break to the downside (for now), however we will continue to watch closely BEFORE entry. The bounce at 0.039 did happen to occur at the 0.618 Fibonacci zone, however it would not be far fetched for price to continue lower for further liquidation before we see a significant rise in price.
IOTX/USDT Process for retesting phase at the support!!💎 IOTX has notably captured the market's attention, especially after breaking through a key resistance area, which led to a substantial upward movement. However, IOTX hasn't yet entered a retesting phase at what was previously a resistance level, now acting as support.
💎 Recently, IOTX has shown a downward trend toward this support area, potentially signaling the start of a retesting phase before it can resume its upward trajectory. The Probability next notable target in this journey is the bearish OB area.
💎 During this critical retesting phase, it is essential for IOTX to demonstrate a robust bounce off the support area to continue its upward momentum. If IOTX fails to sustain above this support, there's a possibility it could break below this level, retreating towards the bullish OB zone around $0.028.
💎 The bullish OB zone at $0.028 becomes a crucial area for IOTX. For IOTX to maintain its bullish trend, a strong rebound from this level is necessary, aiming to surpass and sustain above the former resistance level. This rebound is crucial for IOTX to continue its ascent towards the strong resistance. Conversely, if IOTX fails to hold this bullish OB level and breaks down, it could indicate a shift towards a stronger support area.
IOTX_USDTIoTeX (IOTX) has shown correction following its recent breakout and substantial rally. We anticipate two levels of support at this point, potentially leading to a resurgence and promising profit opportunities. Considering a long position here could allow us to ride the upward momentum towards the next resistance level indicated on the chart. However, it's crucial to exit if this support falters, employing leverage cautiously between 1x to a maximal 3x, and setting up a stop loss accordingly. Alternatively, monitoring the daily timeframe and exiting based on its fluctuations if this support level is lost could also be a viable strategy. Overall, IoTeX looks poised for a rebound in this scenario.
IoTeX IOTX Coin Price Prediction✅ IoTeX IOTX Coin Price Prediction ✅
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.04943 and 0.04001
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IOTXUSDT (IoTeX) Daily tf Range Updated till 18-12-23IOTXUSDT (IoTeX) Daily timeframe range. over 190%+ retraced from October 2023. trying to reach out at 0.05643. need to stay above of 0.04046 for that. volume is there but depend on retail interest.
IOTX NEW PUMPI decided to look at the coin and saw that it came from the global accumulation.
It is quite logical to expect a correction to 0.618 on the fibbonnachi, after which, start buying.
I’ll start fixing it at $0.07 and end at $0.1
Growth 185%
IOTX Don't Miss Out! Grab the Bull by the Horns and Invest Smart**IoTeX (IOTX)**
**Fundamentals**
IoTeX is a blockchain platform that aims to connect the Internet of Things (IoT) devices with decentralized applications (DApps). The platform uses its native IOTX token to power its network and facilitate transactions between IoT devices and DApps. IoTeX is designed to be scalable, secure, and interoperable, making it a promising platform for the development of innovative IoT applications.
**Recent News**
* **IoTeX partners with the XinFin Network to expand cross-chain compatibility:** IoTeX and XinFin, two blockchain platforms, have announced a partnership to enhance cross-chain interoperability. This partnership will allow users to transfer assets between the IoTeX and XinFin networks, enabling seamless communication and value exchange between the two ecosystems.
* **IoTeX integrates with Eluvio to enable decentralized media streaming:** IoTeX has integrated with Eluvio, a decentralized video streaming platform, to enable secure and transparent media content distribution. This integration will empower IoTeX users to view and share high-quality media content without compromising privacy or security.
* **IoTeX expands strategic partnership with Chainlink to enhance oracle services:** IoTeX and Chainlink, two leading blockchain oracle providers, have strengthened their strategic partnership to enhance the accuracy and reliability of oracle data on the IoTeX network. This partnership will ensure that IoTeX applications have access to real-time and reliable data feeds, powering decentralized applications that rely on external information.
**Disclaimer**
It is important to note that the cryptocurrency market is highly volatile and that the value of IOTX can fluctuate significantly over time. Investors should carefully consider their own investment objectives and risk tolerance before making any investment decisions.
Please note that this information is for educational purposes only and does not constitute financial advice.
In replay: Can not set SL above position When I am in replay mode, I cannot put the stoploss above the position. So I can not trail up with the stoploss.
IOTX/USDT Break key level area. Ready to continue Upward Move??💎 IOTX has undoubtedly made a significant impact on the market with its impressive ascent. It has successfully broken out of the supply area, signifying a promising development. Currently, IOTX is showing a bullish trend characterized by a series of higher lows. If this trend persists, IOTX has the potential to continue its upward movement, establishing new higher highs and potentially reaching our target supply area.
💎 However, if IOTX fails to establish a new higher high, there's a chance it may consolidate in the demand area at $0.0214, preparing for another bullish momentum.
💎 In the event that IOTX retraces to the demand area at $0.0214 and doesn't demonstrate a rebound, there's a possibility that IOTX could break through the demand level and descend to the lower demand at $0.0193. In this scenario, it becomes critical for IOTX to execute a successful bounce to reclaim the $0.0214 level if it intends to sustain its upward trajectory.
💎 If IOTX further retracts to the lower demand area and doesn't show signs of a rebound, this increases the likelihood of IOTX breaching the demand area. Such a development suggests a bearish trend and raises the possibility of IOTX continuing its descent, potentially returning to the strong support area.
Waiting for the price to reach demand zone==========
Attention!
This is not an investment advice.
I only share my personal positions and ideas.
You are solely responsible for the profits and losses you make in the positions you take.
All stock markets are risky and require knowledge.
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IOTX bullish breakoutIOTX / USDT
After 2years of downtrend
Price is breaking out of the giant descending channel
We might see a bullish wave toward the upper resistance
IOTXUSDTIOTXUSDT is in bullish trend.
Printing HH and HL.
Trend already in strong bullish we buy at CMP.
Bitxer's IOTX/USDT: Scalp Smart, Trade Safe! 📈🛡️ IOTX/USDT for potential trading opportunities. Utilizing a graph pattern for both scalping and long-term strategies is a prudent approach. Waiting for a breakout from the supply zone could indicate a favorable entry point for a long position. Similarly, if it heads towards the supply zone, exercising patience might be wiser than risking losses. Bitxer is here to provide guidance and insights. Always prioritize your risk management strategy for successful trading! 📊💡🚀
Long trading setupi like the configuration , for this potential long in IOTX , bullish signal on ichimoku system , potential double bottom play , for further confirmation , wait for the resistance to break and then enter .
TP 1 : 0.394
TP2 : 0.47
TP 3 : 0.5
this is not a financial advice
thank you
IOTX ROADMAP (1D TF)By checking the IOTX chart, we realized that the price was inside a large and time-consuming diametric. Now the F branch of this diametric is ending and we are expected to move down from the red resistance zone. If the price reaches the green box, it is a good position for a buy/long position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
IoTeXUSDT - Trendline Breakout Idea ! Hey guys! It's been over 100 days that IoTeX has been in a downtrend. This could be yet the bottom to be confirmed. We need a good breakout of the trendline to the upside with nice strong volume otherwise this could go back into ranging more for a long time or even continue falling despite the bullish bounce off this key monthly level.
TRADING PLAN AS FOLLOWS:
First we need to see a solid trendline breakout.
First TP would be 0.020 a psychological level. However, it could get pierced through so we need to monitor price action once it gets there.
My desired level is the weekly mean reversion area where price has struggled in the past and it's also a key flip zone but in the weekly timeframe. This area has been a magnet for price so it could get there again. TP here would be around 0.02470 - 0.02680
If the trendline breakout fails, close position at breakeven IF price goes sideways and no direction whatsoever or it hits stop loss.
I suggest to SPOT rather than futures as this is a counter trend trade set up. Risk is higher unless you follow rules strictly per your plan.
Hope you find analysis useful!
Kina 🙏
