IOTA
ICX/BTC Bullish Pennant Another 110% Potential Rally ??Since the massive Rally ICX has been correcting so far.
You can see clearly it is forming a bullish Pennant and also hovering around .5 fib level.
If yes there's an "IF" it breaks to the upside. I'll add positions on retest.
IMO upside momentum is highly likely as the Dominance is falling for the BTC and alts are getting relief. ICX is among those alts with strong fundamentals. The red dotted line is the long term Resistance.
MACD is showing Bullish signal too.
Let's wait for the breakout to enter.
#Peace
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
There is a trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000267)
Ending of entry zone (0.0000213)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000349
TP2= @ 0.0000455
TP3= @ 0.0000623
TP4= @ 0.0000810
TP5= @ 0.0001012
TP6= @ 0.0001507
TP7= @ 0.0001906
TP8= Free
$MIOTA\BTC Updated view Updated view of the movement.
The correction occurred precisely in the buyer's zone of interest and did not allow it to fall below, we are in the buy zone.
Bitcoin correction spoiled the previous forecast, but we remain in the trend and there is a goal
IOTA/USDTBuy Now IOTA/USDT
Target Profit 1 : 0.368
Target Profit 2 : 0.400
Stop Loss : 0.2875
Risk/Reward Ratio : 1
#IOTA STRONG - long term view - double bottom on weekly.I always say that - but people often look at too short time frames - and that needs repeating over and over again. What many see on 4H charts has nothing to do with long term 1W setups which to be honest are my favorite. Double bottom here on BTC will make this trade my #BTC harvester... since I simply am not going to sell at first green box target... Good luck everyone - IOTA STRONG.
We area so early - great opportunity...
IOTAETH - beautiful setupI always say that - but people often look at too short time frames - and that needs repeating over and over again. What many see on 4H charts has nothing to do with long term 1W setups which to be honest are my favorite. Double bottom here on ETH will make this trade my ETH harvester... since I simply am not going to sell at first green box target... Good luck everyone - IOTA STRONG.
#IOTAUSDT - Test The Previous High? Is this also on the verge of pushing higher again? It's looking good and a retest of that region would be a nice little push and possibly go even higher.
If the Altcoin market looking pretty good at the momentum and a lot of coins already broken out, can we expect the same from IOTA?
IOTA struggling around EMA 50 (Weekly)IOTA/USD Weekly & Daily Chart.
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BTC - The green line that worries meAs much as I would like to be bullish, historically 200SMA acted as a pretty strong resistance. If broken and confirmed above. I will be bullish again, for now in doubt - carefull with tight SL's.
IOTA/BTCWe have a crazy resistance in Fibonacci 0.246 need to break it out with a strong candle to see next levels :)
$IOTA, Starting the week w/ big flow of volume..$IOTA
Starting the week w/ big flow of volume that pushed price towards ~3800 sats resistance...
Over 50% up since UCTS Buy signal on the 1D (Buy signals across every HTF)
RSI overbought levels
On my eyes, buying here seems risky..
Wait for retests/flips of prior levels
#IOTA
IOTA Builds Momentum, Additional 44.44%+ PossibleIf IOTABTC continues in the path it is going, we are likely to see prices hit 0.00005698 soon.
The green space on the chart represents our "Decision point", above this level prices for IOTABTC can easily continue higher, but if prices move below this line we can see a drop take place.
This chart is extremely bullish and we have all EMA10s converging and starting to curve up, IOTABTC is already trading above EMA200 challenging EMA300 in grey.
Trading volume is really good and the RSI is strong, we can expect more growth in the weeks to come.
Thanks for reading.
Namaste.
IOTUSD Heavy bullish sentimentIOT has broken above the 1D Channel Up that started the strong uptrend early in January.
Levels to watch:
- The price not only crossed above the Channel Up on the 1D chart but also broke the 0.618 Fibonacci retracement level.
- It is comfortably above both the MA50 and MA200 and in fact a Golden Cross may be due.
- The 0.3150 four month Resistance broke.
- The RSI on the highest values since December 2017.
Projection:
- This is a strong bullish signal with IOT potentially turning parabolic here. The targets are the next Fibonacci retracement levels: 0.786 = 0.4200 and 1.000 = 0.5580.
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#IOTA : Short To Mid Term Profits OpportunityEntry : 2300 sats - 2350 sats
T1 : 2452 sats
T2 : 2660 sats
T3 : 2829 sats
T4 : 2997 sats
Mid term
T5 : 3237 sats
T6 : 3542 sats
Stop Loss : 2100 sats
IOTABTCExit the descending channel
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