IOTA is next to shoot by over 40%IOTA clearly is showing strong bullish domination, because the price bounced off the support and broke above the downtrend trendline. It is likely that from today-tomorrow there will be a strong and fast rally, potentially taking the price up to 88.6% Fibs. Such a move equals 43.43% growth!
IOTA
IOTA triangle then cup & handle to $4#IOTAUSD
$IOTA is trading inside a triangle in weekly time frame, if price break down from support zone then the long erm ascending support will hold it.
and if price success to break out from resistance zone and upper line of triangle, target can be around $2.6.
also there is a cup and handle pattern in monthly time frame that can lead price to touch $4.
IOTA/BTC pair - Elliott corrective waves completedIn my opinion we have completed wave C of the Elliott waves theory aligning with the 2k sats support. Volume is dominated by bulls and once fundamental news support the trend reversal, we will see how far wave 1 can go; potentially leading to a break-out of the 4k sats resistance.
Good luck with your trades! Do not consider this as financial advice.
LTC - Seriously undervalued.Firstly let's remember that this is crypto market. There's no such thing as delusional assumptions / impossible analysis. Things are less or more probable. This move happened in the past, regardless it's behemoth proportions - no one can deny it. If this would happen again... BTC profits would be equally ridiculous to this being even a possibility. I see here two significant resistance levels which in turn would mark my target areas where I would normally realize 33% profits - I'm rather long time investor, not focusing on hourly candles at all.
Call me mad - I'll wait.
Got some more LTC here.
ALTS look primed for a move vs BTCBelow a list of ALTS vs BTC charts that look ready for a move.
Most of these ALTS have been dormant vs BTC and for the past 2 years have either grinded slowly lower or have been going sideways.
All these ALTS are now sitting at key levels and some are displaying interesting RSI bullish divergences on the weeklies.
Furthermore volatility has been extremely low over the past 2 years (as displayed by the ATR indicator).
Long periods of low volatility precede periods of high volatility and therefore we can expect some big moves in the near future.
The risk reward at these levels is very favorable for LONG trade setups as long as your happy to be patient.
IOTA USDT Below the red line can be considered as the stop loss zone.
Above the green zone can be considered as entry level.
The depth of the head has not been exceeded yet
We can think of it as Double Head and Shoulders. We can also assume the appearance of a descending wedge that includes them all.
If the formation does not mislead us, you can set the TP targets for yourself. I preferred to put a close stop loss. Maybe it will give more buying opportunities. But you may want to set your own strategy. I just wanted to reveal the chart and patterns.
Note: This is not investment advice.
IOTA breaking out at the last momentI'm surprised because when the breakout happens at the end of the triangle usually it goes down. However BB are stretching at daily (not shown) and the chart pattern is clearly bullish. VLPR shows in the last 15 days support price has been clearly below current price which is good.
At this point as soon as buy volume surges we'll see a proper pump.
MIOTA vs Bitcoin Chart Analysis (IOTABTC #6)MOITA (IOTABTC) is giving out an air of recovery but somehow I am not fully convinced.
We see prices moving above EMA10 and the recent MACD bullish cross but when we look closer, we have a lower low compared to the recent July and August support.
We also have a descending channel rather than a falling wedge.
It will surely recover, we are bullish long-term but there is room for additional correction, keep this in mind before you trade.
Bullish above 0.00002285 in the short-term.
Any trading below this level and we aim for the 0.786 Fib. retracement level support.
This is not financial advice.
All the information is shared for learning/entertainment purposes only.
Thank you for reading.
Namaste.
IOTA/USD: UPTREND| PRICE IS GROWING FAST....Welcome back Traders, Investors, and Community!
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🆓MIOTA (IOTA) Oct-22 #IOTA $IOTAIOTA has just successfully conquered the $1.3 zone and is moving to the $1.5 and $2 zones. If it loses the $1.3 zone then we will wait to buy back at the $1.15, $1.05 and $0.95 zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.3$ zone
🔴Buy : 1.3
🔴Sell : 1.5 - 2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.3$ zone
🔵Sell : 1.3
🔵Buy : 1.15 - 1.05 - 0.95
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section