IOTA formed bullish Gartley | A good long opportunityHey dear friends, hope you are well, and welcome to the new update on IOTA (MIOTA) coin with BTC pair.
Previously I shared a long-term trade setup of IOTA, which is still in play:
Now on a 4-hr time frame, IOTA has formed 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
Iotaforecast
IOTA: Caterpillar🐛🦋Like a caterpillar, IOTA is crawling along the support line at $0.5736, its body moving fluently. We expect it to finish wave (ii) in blue and to pupate soon, at $0.5736 at the latest. Then, it should emerge from its cocoon as a beautiful butterfly, spread its colorful wings and fly upwards above the resistance at $2.0842. However, there is a 48% chance that IOTA's wings are too sticky, and it has to creep below the support at $0.5736.
IOTA: Fly Me To The Moon 🌖✨🪐Fly me to the moon,
Let me play among the stars,
Let me see what spring is like on
A-Jupiter and Mars.
In other words, hold my hand,
In other words, baby, kiss me!
After its long correction period, IOTA can finally start singing again. It has finished wave (ii) in blue and turned around just before hitting the support line at $0.5736. We now expect it to take off in the direction of $2.0842 and higher still.
However, caution is still required as there remains a 48% chance that IOTA could tumble below $0.5736 and continue the descent from there. As long as it stays above this mark though, we can join in the popular Sinatra song.
IOTA: Guess who’s back 🎤„Guess who’s back,
Back again,
IOTA’s back,
Tell a friend.”
After its short trip above the support at $0.9810, IOTA is back in the green zone between $0.8968 and $0.7442, imitating Eminem in his song “Without Me” by proclaiming:
“Now this looks like a job for me,
So everybody, just follow me,
‘Cause we need a little controversy,
‘Cause the green zone feels so empty without me.”
We expect IOTA to continue its way though the green zone until its lower end at $0.7442. Just below this edge, IOTA should complete wave c in orange as well as the subordinate wave (ii) in blue and shoot up afterwards. However, there remains a 45% chance that IOTA will not manage to turn around shortly below the green zone. In this case, it should fall deeper still below $0.5736.
IOTA - Trending the boxHello trading friends,
This is a small view of IOTA.
IOTA is into the interesting zone - possibly coming time a price change into Long if BTC stays stable and increasing trend.
Further shows the out-of-box trend possibility for new scalp trading.
It's important that IOTA should hold the 0,69 with a time frame and confirmation to stay in the positive zone.
Further a breakout above the 1 USD + means a new price action, and out of the box.
Have a great day.
This is not a trading call and manages at all-time risk.
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IOTA: Under Water 🤿IOTA has jumped off the cliff at $0.9810 and dived into the green thicket of sea weed between $0.8968 and $0.7442. Here, it has been swimming along for a while now, watching the wildlife of the underwater world. We expect IOTA to go a bit deeper still and to finish wave c in orange just below the green thicket. Then, the dive should be over and IOTA should resurface above $0.9810. From there, long-term rise is possible again.
As they are still uncharted, though, IOTA could find something interesting in the depths below the green sea weed thicket and dive below $0.5736 to examine it. The results could then even lead to a continuation of the dive further down. This alternative scenario is rated with a probability of 45%, after all.
IOTA: Don’t Get Too Comfy!☝️After its steep descent from the orange-colored zone, IOTA has been relaxing a bit and puttering around between $1.1 and $1.2. However, it shouldn’t get too comfy because we expect the price to fall below $0.9810 soon. There, it should get caught by the green area between $0.8968 and $0.7442, finish wave c in orange and bounce off again.
Still, there is also a 30% chance that IOTA could shy away from touching the $0.9810 mark and rather decides to take off earlier. If it manages to reach the resistance at $2.0842, further rise will become more likely.
IOTAUSDT, We are going toward support zone areaHello everybody
According to the chart you can see the the price is in correction-downward trend and we have 2 scenario that can be happen, one of them is we are made AB of elliott correction and now we are ready to making C of the correction ABC or another theory is we finish the ABC correction and we made wave 1 and we are in coorection 2 of the first wave , the 2nd scenario is more valid than the others because its not attractive that the price drop more to prz level and its not good because if the 1st theory want to happen the btc should dump more to 30K and at this time its not happen
According to the chart the both of the support (S) zone area its good to buy in 2 step and reduce average purchase and wait until the target reach.
We will update targets in future
Good Luck
Abtin
IOTA NEAR FUTURE ANALYSIS (4H CHART)Technical Analysis Summary
IOTA /USDT
TREND ANALYSIS
We have 3 Downtrend in red color (LONG TERM AND 2 INTERNAL )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
IOTA 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
IOTA /USDT
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND ONE INTERNAL )
We have 1 uptrend in green color
Be careful trends need to be modified when broken to the new peaks.
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow levels are daily levels from the past I added them just for educational purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content benefitial please dont forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
IOTA - 2021 Top PredictionTop of the Mornin' !
I still think IOTA's top for this year would be around $4,65 - Fib and trendlines show that area as a target - it would mean a retest of 2017-2018 top - so far I can't see signs of it going higher than that... Fundamentals are strong though - judge the target based on volatility!
Cheers!
IOTA: Correcto Mundo! 🤠🤠🤠After completing the predicted 5-step formation, we are now all set to continue the correction and approach the green area. Here, the next low point should be established and with it the foundation for new increases. After the low, we expect the price tp surge past $2. A premature increase is only given a probability of 28%.
Push, push!
IOTA Buy a break.IOTA - Intraday - We look to Buy a break of 2.112 (stop at 2.038)
We are trading at overbought extremes.
This provides an excellent risk/reward opportunity to fade the current bullish move.
A break of bespoke resistance at 2.100, and the move higher is already underway.
Our profit targets will be 2.334 and 2.389
Resistance: 2.100 / 2.200 / 2.300
Support: 2.000 / 1.900 / 1.800
IOTA / TetherUS Trending Up under High VolumeIOTA / TetherUS Trending Up under High Volume - IOTA is a cryptocurrency with its own blockchain. IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle. The Tangle ledger is able to settle transactions, with zero fees.
IOTA/USD:UPTREND|WAITING FOR NEW BULLISH IMPULSE|LONG🔔Welcome back Traders, Investors, and Community!
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Descending triangle in a bullish trendPrice likely to drop further to as low as around $0.65. If we keep travelling sideways this is very bullish. As we're still very much in a bullish market trend, we should positively bounce out of the triangle and based on the 45 degree gann fan re test $2 sometime in Q2.