IOTA
IOTA finally ready to outperform BTC and ETH?#IOTA has been through rough times, most of it fud, some of it undeniable. Updates have been announced for years and delayed and sometimes just canceled.
However, now, finally, there is a clear roadmap. No more announcements about announcements. They have proven it today with the Shimmer and Stardust upgrade. This means IOTA is 1 step closer to total decentralization, more dapps can be built. There is a safety net. Staking, NFTs, DAO and much MUCH more. And all of this is feeless. The metaverse can go nuts with this 1!
Coinmarketcap announced today IOTA is 1rst place in community growth.
So, looking at TA, IOTA has got some resistance ahead. The momentum looks good and perhaps this time the timing as well?
Infinite luck,
Rising Sun
LTC - two possible scenariosAll depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case, I would look at possible Wyckoff accumulation schematics with the potential of reaching new highs before December. Time will tell...
IOTA: Shake It Off!I’m just gonna shake, shake, shake, shake, shake, shake…
IOTA should really turn up this Taylor Swift song and step up, for we expect the altcoin to shake off the recent correction phase and to move upwards, crossing the resistance at $1.0550. First, though, IOTA must finally complete wave ii in magenta, which could initially lead it a bit deeper into the magenta zone between $0.3634 and $0.0600. However, the altcoin should be careful not to drop below the support at $0.0600.
IOTA - Trap slams shut🪤Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 8 days long
⭐️ Trendline is clean
⭐️ Trapped bulls
⭐️ In the end of formation
⭐️ Price is squeezing to local level
⭐️ 3rd touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
IOTAUSDT 4H🔥YOTA Coin
The trend line on the chart looks very interesting, you can wait for the reset of this trend line and gain a position in the long.
Approximate plan:
Input 0.3422$
Take profit 0.3820$
Stop-loss 0.3200$
I set the stop-loss for the trending one because they can collect the stops with a squiz and return back to the trending zone.
✅Do not forget to visit the channel there is a lot of useful information about trading.
IOTA Breaking From a Bear Flag, Bulls Targeting $0.39Past Performance of IOTA
There are signals of strength for IOTA in the daily chart. At spot rates, the coin is up eight percent versus the USDT. This is positive for optimistic buyers following the correction on June 1. Further gains reversing losses of mid this week would complete a bullish breakout above the multi-week resistance line marked by the Middle BB.
#IOTA Technical Analysis
Technically, IOTA prices are solid, and bulls are confident. The immediate support line is at $0.33, while a close above $0.36 and the middle BB may initiate more accumulation in the short term. Ideally, the immediate target for optimistic IOTA buyers stands at $0.39 or May 9 highs. However, if there are gains above $0.36, traders may begin loading, expecting more gains above the current bear flag. On the flip side, deeper losses below $0.33 may force IOTA to $0.30—or lower.
What to Expect from #IOTA?
Despite the optimism, IOTA prices are consolidating. IOTA bulls are resilient and prices are trending at this week’s highs. Further gains above the bear flag may be the basis for another leg up in a recovery.
Resistance level to watch out for: $0.36
Support level to watch out for: $0.33
Disclaimer: Opinions expressed are not investment advice. Do your research.
IOTA formed big bullish Gartley for upto 851% rallyHi dear friends, hope you are well and welcome to the new update on IOTA (MIOTA) coin.
On a monthly time frame, IOTA has formed a huge bullish Gartley pattern.
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: Play Up!“Play up!“, we want to shout at IOTA because it is high time for the altcoin to show some upwards movement. In the process, IOTA should at least make it above the resistance at $1.0550 to indicate further ascent. Meanwhile, IOTA could also finish wave ii in magenta a bit deeper in the magenta zone between $0.36343 and $0.06007 first, though it has to be careful not to break through its bottom.
MIOTA (IOTA) Buy ZoneMIOTA (IOTA) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : High
On 4 hours timeframe we can see out that the MIOTA formed out the bullish pattern and retest long-term mini zone is at the its potential reversal zone level .
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$IOTA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.4925 - 0.479
TP 1 : 0.51
TP 2 : 0.525
TP 3 : 0.5444
TP 4 : 0.5577
TP 5 : 0.5789
TP 6 : 0.597
TP 7 : 0.625
TP 8 : 0.6596
Stop Loss : 0.45
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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LTCUSD - Long TermIf we lose this support, things will most likely get ugly.
Areas, where fear is tested, are common in price dumps with great recoveries. Most of the boundaries get tested. If in doubt - zoom out. Stay realistic, protect your capital - if you're new learn basics.
The most important in making money is not losing it in the first place - use the tools available, be patient, know your limits and weaknesses.
Long if above, Short if below.