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IOTXUSDT trade ideas

IOTX/USDT is it ready?Hey 👋 Let's kick off this day with IOTX coin where we had a nice rejection of upper trend which also resulted the crossover of RSI. We are waiting here for a breakdown near 100EMA! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium
IOTX/USDT looking good for a potential short! Hey guys 👋 IOTX coin is going to be the first coin of the day. Where currently sitting just below that resistance we see a good potential for a short position here. BUckle up and let's go! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium
9
IOTXUSDT Trading IdeaI have been closely monitoring the price action of IOTXUSDT. Recently, I observed an Ascending Broadening Wedge pattern, In this post, we will take a closer look at the price action, the target zone, and the key support and resistance levels to watch out for. The Ascending Broadening Wedge is a bearish reversal pattern that occurs when the price makes higher highs and higher lows within a broadening formation. The pattern is completed when the price breaks below the lower trendline of the wedge. In the case of IOTXUSDT, the price has successfully broken the lower trendline of the Ascending Broadening Wedge and reached the top of the pattern. This breakout signals a potential bearish reversal, with the setup target being around the major demand zone from the chart around 0.0055-0.0075. Meanwhile, following the breakout, the price correction has taken the form of a falling wedge. This is a bullish continuation pattern that occurs when the price makes lower lows and lower highs within a narrowing range. A break above the upper trendline of the falling wedge could signal a potential bullish reversal. It is important to watch these immediate level emergences: 0.03425 and 0.02053. These levels represent immediate resistance and support, respectively. A break above the resistance level of 0.03425 could indicate bullish momentum, while a break below the support level of 0.02053 could signal further bearish pressure. This post is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Trade wisely.
by weslad
5
$IOTX/#USDT [#IoTeX]: Trend_Reversal◳◱ Hey traders, A Trend Reversal has been identified on the $IOTX / $USDT chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.02592 | 0.02786 | 0.03238, while the main support levels can be found at 0.0214 | 0.01882 | 0.0143. Consider buying at the current price of 0.02355 and benefiting from the trend continuation. ◰◲ General info : ▣ Name: IoTeX ▣ Rank: 146 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - IoT ▣ Overview: IoTeX is an EVM-compatible L1 blockchain that provides secured interactions between humans and machines. By creating a platform for the Internet of Trusted Things, IoTeX powers a decentralized network of DApps (Cyclone, Mimo), smart devices (UCam, Pebble), services (ioPay, ioTube), and digital assets to deliver better value to end users. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.02355 ₮ ▣ 24HVol: 3,713,940.087 ₮ ▣ 24H Chng: 6.369% ▣ 7-Days Chng: -3.91% ▣ 1-Month Chng: -19.94% ▣ 3-Months Chng: -6.10% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.02592 | 0.02786 | 0.03238 ◢ Support: 0.0214 | 0.01882 | 0.0143 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.87 ▣ Last 90D: 2.91 ▣ Last 1-Y: 1.10 ▣ Last 3-Y: 1.49 ◲◰ Volatility : ▣ Last 30D: 0.88 ▣ Last 90D: 1.01 ▣ Last 1-Y: 1.37 ▣ Last 3-Y: 1.90 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.56 - Bullish ▣ Reddit sentiment score is 0.95 - V. Bullish ▣ In-depth IOTXUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
4H ALGROTMIC TRADING CONFIRMATION SHOWS A BREAKOUT FOR IOTXThis is the final update we will share regarding IOTX until there is a significant change in its price action. We have included additional updates about our expectations for IOTX and our current view. As we have done in the past with OCEAN, when it was around $0.14, and further updates when it reached $0.17. You can view the chart on the following link: All of the previously mentioned targets for OCEAN have been confirmed. According to our 4-hour range algorithmic trading, IOTX appears to have confirmation. There is a high probability that IOTX will break out short term. $0.10 is an important short-term trend target. The current price is stable with low volume, but we anticipate this will change over time. We have also observed similar signals in the 4-hour range before when IOTX broke out to higher price targets, from a similar starting price, as seen in the following example: Please note that this is not a day trading update, but rather our primary view on IOTX and its potential for an unexpected breakout. Our short-term target for IOTX is $0.10, with a middle-term target of reaching its all-time high, and a long-term target of $0.41 in 2023.
Long
by Goldenbreakout
4
IOTX Could Enter Top 40 RANK OF COINS 2023 🌠$0,10 FIRST TARGETIOTX is currently ranked 117th on CoinMarketCap, and depending on our study, it could rise to the top 40 . The Internet of Things is a major trend that is set to revolutionize the world in the same way as Artificial Intelligence. IOT can become with time very important, and IOTX plays a big role in its development. TA technical analysis We know IOTX as a coin that has unexpected increases as we saw before, and it's a coin that can go against the trend of BTC . Last time, we observed a trend in IOTX that seems to indicate an increase. Technical analysis of IOTX is also suggesting further growth. The Internet of Things can play a crucial role in the future, especially when combined with what IOTX is currently developing and will continue to develop in the future. Expecting Targets Depending on our algorithmic trading including the trend and volume study we expect that IOTX is able to break the coming time to $0,10 as an important target. The big question and that's also the reason for this update, is whether IOTX going to show a huge increase that we did not see before since the last developments. and when we say higher increase we mean a NEW ATH? We make our trading decisions based on the data and analysis we have done, and our analysis shows a high chance of success, we expect that IOTX may rank in the top 40 and reach a new all time high. Right now, our focus is on reaching the $0.10 target, We have seen the full effects of 2017 and 2021 on coins, IOTX may be one of the coins that could show a significant increase in the coming time. I hope you did enjoy reading this content, thank you for reading.
Long
by Goldenbreakout
10
IOTX the Surprising Increase : Target Analysis in 2023 $0,41This update focuses on the expected targets for IOTX in 2023. We anticipate that there will be an increase in IOTX's value in the coming time, as seen in a recent trend analysis. With this update, we will be discussing the specific goals we expect IOTX to achieve based on our research and analysis. We believe that there will be a point in time when IOTX will experience significant growth. See the blow chart for more TA views. The top target that this update share is between $0,41 and $0,45 for 2023, and if there is a trend in autonomous vehicles for IOTX the price action can increase more. 2023 seems to be a digital year with tech trends. further, we expect also that OTX Could Enter the Top 40 RANK OF COINS 2023 This means that depending on this study that there is a good possibility IOTX could do 1300% increase in 2023 IOTX is like the AI, it was a time in sleeping modes, but it seems it's about to get up coming time. MachineFi has the potential to revolutionize the future as the world becomes increasingly digital. We have already seen a shift towards digitalization in industries such as supermarkets and with the increasing number of IoT connections, more companies will follow suit. Self-driving cars are on the horizon and IoT will play a crucial role in making them a reality. AI also relies on IoT systems to function at their full potential. For this reason and other reasons, we expect that IOTX is the best coin for IoT in the cryptocurrency market.
Long
by Goldenbreakout