IOTXUSDT trade ideas
IOTX/USDT sitting at important level! Morning/evening/afternoon
IOTX/USDT pair has come to our watchlist again and now we see that it will be good opportunity for a breakout from this bearish trend. Setup looks really great thanks to EMA200 and we hope to see a clear breakout BUT if this zone fails then we might for for lower side of that down-trend.
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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.
IOTXUSDT - Long by Supertrend, ADX & MA 9/24/20221. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
3. MOVING AVERAGE INDICATOR:50
- Long trend when closes candle is above the green line.
- BUY/LONG: reject to Supertrend at current timeframe.
IOTXUSDT wants the 0.618 Fib?The price is creating a descending channel below the 0.382 Fibonacci level at 0.034$ area.
The price bounced exactly on the lower trendline of the ascending channel and now the market is testing a confluence zone.
How to approach it?
IF the price is going to have a breakout from the descending channel and 4h resistance and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
IOTX/USDT had some great news!Hey guys,
Another coin that we will talk about it IOTX. This coin had great news about getting listed to Gemini platform so with this news and great pattern we will buy some to hold. Not much to say about this position that we take, as always Red-zone is buy zone and Green-zone is open for any target))
What is your opinion on this coin?
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.
IOTXUSDT BATBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
IOTXUSDT BATThe Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
IOTUSDT |Coin Review| Rebound from local resistance!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, IOT showed a good growth of almost 15%, as some alts showed a good percentage too.
I think that after all, we will push up the channel borders and see a correction approximately in the $0.034 zone
Then you already need to watch how the market will behave, this is an approximate take profit, you don’t need to climb immediately with a large leverage and wait for these values, I gave you a chart, now think with your head and wake up in profit)
IOTXUSDT is testing the supportThe price is creating an ascending channel above the weekly support at 0.31$, the price got a rejection from the ascending resistance and now it's testing a key level.
How to approach it?
IF the price is going to lose the current 4h support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
