Iotausd
IOTA Sell a break.IOTAUSDT - Intraday - We look to Sell a break of 1.084 (stop at 1.144)
Price action has formed a bearish ending wedge formation.
Daily signals are mildly bearish.
Trend line resistance is located at 1.200.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Our profit targets will be 0.931 and 0.888
Resistance: 1.140 / 1.220 / 1.300
Support: 1.050 / 0.980 / 0.920
IOTA (MIOTA) - May 29Hello?
Welcome, traders.
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(IOTAUSD 1W Chart)
(1D chart)
The 0.70762957-1.29319710 section is an important section and it is important to get support as it rises.
To break away from the short-term downtrend line, we need to see if it moves above the 1.31143737 point by around June 2nd.
If support is found at the 1.31143737 point, it is expected to turn into an uptrend.
As I said in the BTC price chart, most charts currently do not form a proper sideways zone.
Under these circumstances, if the price of IOTA rises above the 1.31143737 point and finds support, I think it is likely to move up quickly.
An upward break above the 1.71207698-1.91239677 zone is most important to continue the uptrend.
If you fall from the 0.70762957 point, you can touch the 0.10951858 point, so you need to trade carefully.
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(IOTABTC 1W chart)
It remains to be seen if it can rise above the critical point of 3725 Satoshi.
(1D chart)
It remains to be seen if the 2667 satoshi-2889 satoshi section can support and rise.
If it falls from the 2667 Satoshi point, Stop Loss is required to preserve profit and loss.
However, you need to trade carefully because you can touch the 2489 Satoshi-2566 Satoshi section and rise.
In order to turn into an uptrend, it needs to rise above the 3208 Satoshi point and find support.
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It is advisable to trade at your average unit price.
This is because if the price is below your average unit price whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the funds that ultimately correspond to the profits can regenerate the profits.
-------------------------------------------------- -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Most simple strategyIf you don't have to much time or you want to keep your charts simple, or maybe you are just lazy. This strategy is right for you !
What is it ? Is it magic ? No... Round numbers .
Imagine you are going to buy a car. You go to website and look for used cars... What is your price limit ? It is always 5000USD, 10 000EUR or 2500GBP. You dont set your price limit to 4786EUR or 13 334USD. It is the same in trading and investing.
Round numbers are psychological support/resistance levels . For example, if ETH/USD is going upwards and reaches 2000USD, you will notice strong bearish reactions, because a lot of traders believe that the currency pair cannot go any higher than that, so they sell in fear of losing their profits.
Traders can use the round numbers as a strategy. Psychological levels are 00, 25, 50 and 75. In order to use the numbers, you need to go short when market goes up and one of these levels is reached. Also at these price levels you can expect institutional buy/sell orders, SL's and TP's.
You can also use it in forex, stocks or indeces... Watch how 1.40(GBP/USD) works. Or 1.20 (EUR/USD)
Try to play with your charts and be creative... Do not hesitate to add moving averages, fibo levels or candlestick patterns :)
And as I always say: there is beauty in simplicity ;)
IOTA - RSI low, extreme fear offers opportunityThe FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high.
We broke a critical support at 1.70 and from there it was a free fall to the current support at around 0.68 and currently we are trading at 0.76. The crypto market is ruthless and we might see another leg down, but I also see a great recovery coming as history has it proven to us many times. It is interesting that less volume has moved the price much more down then it did beginning of Feb on the way up.
One thing has not changed at all during this sell-off - the technology.
This is no financial advice.
Happy trading!
IOTA Buy SetupIota is showing bullish signals with this formation of a symmetrical triangle, looks like a bullflag though on the weekly chart
this is very bullish
ATOMUSD Cosmos start to rise again.The advisor MarketMiracle generates an entry signal for ATOMUSD at price 22.91 USD with a target price of 25.66 with a potential profit of 11,99 %
Analyzing the graph this could actually come true in fact there are no particular obstacles in front of the price and the upward thrust identified by Miracle Viewer seems to become increasingly consistent, the goal is not so far.
This idea is based on a signal generated by the advisor Marketmiracle, scroll the page to find the link to the free page of the signals of the advisor that you can consult without any cost and without registration.
IOTAUSD a small step forwardThe Marketmiracle advisor generated an input signal for IOTAUSD at a price of 2.00 USD with a target of 2.12 USD for a possible profit of 6.05
The graphical situation is compatible so I actually expect this price increase, which in my opinion is underestimated, I think that IOTA will continue to grow beyond the target.
This idea is generated on the basis of a signal of Marketmiracle, scroll the page down for the link to the signals in real time of the free advisor.
IOTAUSDT UPDATE!!!!Hi Traders,
IOTA is also looking good, tested the bottom of the formation and also looks like it was the last of the liquidity gathered on that last move down. Its already tested the top zone once but it could come back into it for prices to then break up through the formation.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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Last chance to board #IOTA $IOTA #MIOTA$IOTA #IOTA #MIOTA - Is at the last point of supply, before the inevitable happens, and new millionaires are made.
This is Wyckoff Theory. It's how large money moves a market to their will.
Don't fight large money, just ride their waves.
The next major wave from here is vertically up.
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.
Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume.
SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action.
LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term.
BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
IOTA (MIOTA) - May 8Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(IOTAUSD 1W chart)
We have to see if we can ascend above the important point of 2.49603989.
(1D chart)
It remains to be seen if it can climb along the uptrend line and rise above the 2.49603989 point.
If it falls, it remains to be seen if it gains support in the 1.71207698-1.91239677 range.
If it falls at 1.55251884, a Stop Loss is required to preserve profit and loss.
However, careful trading is necessary as it can gain support and climb in the 1.12689452-1.29319710 range.
On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line.
If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary.
-------------------------------------
(IOTABTC 1W chart)
We have to see if we can get support at the 3725 Satoshi point, which is an important point.
(1D chart)
3555 Satoshi-4221 You should watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can gain support and ascend at the 3725 Satoshi point.
If it falls, we need to see if it can rise along the uptrend line.
2667 Satoshi-2889 If it falls in the Satoshi section, Stop Loss is required to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)