Iotausd
IOTA Sell the breakdown.IOTA - Intraday - We look to Sell a break of 0.7744 (stop at 0.7922)
Short term momentum is bearish.
Pivot support is at 0.7745. A break of 0.7745 is needed to confirm follow through negative momentum.
There is no indication that the selloff is coming to an end.
Our profit targets will be 0.7232 and 0.7132
Resistance: 0.8000 / 0.8300 / 0.8500
Support: 0.7800 / 0.7500 / 0.7300
IOTA Big! Cup and Handle A cup and handle idea for IOTAUSD
Also threw in a nice little Adam and Eve pattern which has led to the formation of the handle
This structure is common among many altcoins I will be looking into more of these cup and handles on altcoins
IOTA - bullish wedge break-out - targeting 1.30We are experiencing a break-out from the bullish wedge which established another low with less volume. MACD is diverging stronger now and we can target 1.30 USD as next objective.
This is not financial advice. Happy trading!
IOTA:DOWNTREND FIBO SWING 61.8% |PRICE ACTION|SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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3.59R IOTAUSD Entry Price 0.80315567 Target Price 0.77109500IOTAUSD Close Price 0.80315567
EMA 10 Close Price 0.80577123
EMA 20 Close Price 0.80990728
Trend Line Slope Coordinate (10 Jul 2021 19:00, 0.80696162)
Fibonacci Retracement 0.382 Price 0.80366518
IOT/USD: Upward breakout possible (3W).Upward breakout possible on pattern 3W. Bitcoin is also forming pattern 3W up.
In general, altcoins are growing more actively than bitcoin:
What is a signal in favor of price growth.
IOTA Double Bottom BounceyIOTA is sitting above 1.618 of its current forming uptrend
And has formed a double bottom
This is also the 0.5 Fib of the larger overall downtrend
Momentum upward should continue within the conditions of a bull market
IOTAIota is out of bearish trendline.
You can take two scenarios:
1) Entry now and trade withou SL
2)Wait for break 0,9 USD and take retest, SL put below 0,6USD
IOTAUSD Analysis - Adam and EveAn Adam and Eve formation has allowed the transition through 1.618 into the next fib ring
Now a rounded Top is forming which I love to see, as they tend to break out to the upside frequently
The only question is will this breakout be localized within the same Fib ring or push out into 4.618? Time will tell
A few other patterns have been included also
My personal bias on IOTA is neutral
#IOTA $IOTA #MIOTA - The Market CycleI'm now looking for the 4th wave to complete on HTF support, which will then lead us into a very violent and explosive 5th wave. Look at Oct 2017 > December 2017 as an example.
The times/dates of price forecast are only for illustration purposes.
I believe this will be the 'minimum' target to chase within this Bull Market Cycle.
I'm long. Average re-entry of 0.65c.
IOTA - bullish wedge IOTA has formed a bullish wedge which could lead to a strong upside move. The trend has been dominating the price action since the beginning of June. Once we break with volume, we can target 1.4 or an extension to 1.6 USD.
IOTAIOTA found some support at 0.618 fib level but it should break descending resistance line. It will most likely retest the trendline that it broke. I think when Bitcoin rises it will follow.
💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
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💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
