Looking goodNot much to say honestly. Iota is looking healthy. Coming towards the tail end of an ascending triangle. $2.00 appears as target.
IOTA
$IOTA/BTC 4h (Binance Spot) Falling wedge breakoutMiota is trending inside an ascending channel and has broken out of that falling wedge.
Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone!
Current Price= 0.00002450
Buy Entry= 0.00002385 - 0.00002323
Take Profit= 0.00002659 | 0.00002898 | 0.00003316
Stop Loss= 0.00002150
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72
Expected Profit= +12.96% | +23.11% | +40.87%
Possible Loss= -8.67%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
IOTA - Ascending Triangle BreachedThe overall Sentiment of mkt ---- Bullish
Ascending Triangle breached
Consolidation period almost complete
I expect a rise upto the resistence level.
What do you think....
IOTA/BTC Broadening descending wedgeLots of IOTA news coming this month with Chrysalis around the corner
Update on ascending triangleLooks like we're part of a larger ascending triangle. With great fundamentals amd recent news, look for increased volume for confirmed breakout. Target 1.8ish
iOTA target 1.78Following 4h chart.
This my third trade in iOTA.
There is c clear channel and cup & handle formation.
First target will be 1.78
SL 1.23 or follow channel.
Please follow chart with 4h close prices.Do not panic with price actions.
Leave comment if you join.
IOTA formed Cypher for upto 26% rallyHi friends, hope you are well, and welcome to the new update on the IOTA coin.
On the daily time frame chart, the priceline of IOTA formed a bullish Cypher pattern. After completing the leg it has moved up, it may give us another chance to catch from this buying zone.
this trade has a big profit possibility of 26%, and the loss possibility is 7 %.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
IOTA/USD 2nd correction leg now?For sake of harmony a 2nd correction leg might pop in now. Just an idea, no financial advice!
IOATA Trying To Gain Bullish MomentumIOATA has been in accumulation after its run up. On 4 Hour, MACD is is trying to cross bullish and all indicators are pointing bullish momentum.
IOTA target 1.5Following 4h chart.
Following cup & handle formation
We hit the target point in the previous analysis.
Now this time cup target, 1.5
SL 1.025, I know this is not a good ratio but I have to warn about the risk.
Please leave comment if you join.
IOTA - broke the pattern, is about to have a strong uptrend.IOTA - broke the pattern, is about to have a strong uptrend.
We can now buy, and expect to increase in the future.
Good luck!
#IOTA #MIOTA possible targets for 2021#IOTA possible targets for 2021
TARGET1: 2.4$
TARGET2: 5.6$
TARGET3: 11.5$
TARGET4: 21$
STOP LOSS:
IOTA/BTC 1d - 07/03/2021 - Elliott waves analysisElliott wave 5 incoming, main target at 1 fib (around 4000 satoshis).
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.426 (stop at 1.376)
Daily signals are bullish.
Pivot resistance is at 1.410.
A break of bespoke resistance at 1.420, and the move higher is already underway.
We look for gains to be extended today.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.567 and 1.662
Resistance: 1.420 / 1.470 / 1.500
Support: 1.340 / 1.280 / 1.200
IOTA to move higher.As IOTA broke above ascending triangle resistance, now I expect the gains to retest the previous pivot resistance, below which is my take profit level for this quick trade.
Good luck!
IOTA - next target 2.18 USD (1.62 FIB)Our strong demand zone at 1 - 1.2 USD held while MACD on the daily is about to turn green. Iota is picking up momentum to the upside while the entire crypto market cap is decreasing. Once Bitcoin finds its bottom or bounces back up again, I think FIB 1.62 (2.18 USD) is feasible for Iota within the coming weeks.
The progress of the Iota Ecosystem is astounding. Chrysalis part 2 and Smart Contracts enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin. The demand will increase exponentially, once we see Iota being used to pay in the m2m economy.
This is no trading advice.
Good luck!
Formation target 1.42Following 4h chart
Formation target is 1.42
SL 1.02
Still waiting for the confirmation.
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.271 (stop at 1.224)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.260, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.405 and 1.521
Resistance: 1.260 / 1.300 / 1.400
Support: 1.200 / 1.170 / 1.130
