iota 20% possible Greeitngs, refer to the chart for entry level, resistance, support and selling limits, this is my own tech analyze please do your own research this is not a financial advice
Iotausd
IOTA Parabolic Setup - Soon over 2$Chart show a very bullish setup which price could fly over 2$ very soon.
TP1 2.6$
TP2 4.5$
Out IOTA PositionAt the beginning of February, the market gave us a great opportunity to earn extra profits, which is exactly what we did.
We at Pennygene turned our attention to the IOTA/BTC chart back in early January 2020, and have kept watching. What attracted our attention was that this asset was falling fast almost all the time from August till the end of December 2020, but then the first 1W bar of January showed us that the price reached good support at 0.0000094. Also, it was the lowest price point since the launch. After a month of waiting, our efforts paid off. At the beginning of February, we placed our long positions at 0.0000143, of course using a stop loss. And now we have been in the position for more than two weeks. At the moment PNL is 102% and we are not going to exit this long position yet.
Important: Never be guided solely by the notion of the "lowest price in the history of the asset" this price floor can be updated at any time. Your strategy has to take into account a combination of several factors. Especially when it comes to a low-capitalization altcoin. At this point, we cannot recommend you to go long on this asset because much of the growth has already happened.
In any case, if you are interested in IOTA, you need to wait before placing a new order. Maybe the last 7 days after the active growth is just a consolidation and liquidity gathering for further growth. Maybe after that, you will get a new opportunity to enter this asset.
IOTA Parabolic Setup -Soon over 2$?Chart shows the parabolic structure and the possibility of rising prices above $ 2.
TP1 2$
TP2 2.6$
TP3 4.5$
IOTA headed for the 2$ mark !you can see how perfectly IOTA acts along those fibonacci levels.
I'm just saying.
not a financial advice
IOTA 1H BUYA lso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
IOTA/USDT 1h - Ascending triangle to which way? - 17/02/2021Daily chart is telling me down, but my heart and this ascending triangle are telling me up.
IOTA bottom formation may be in As seen with a lot of alt coins right now, a massive bottom formation may be in place
potential inverse head and shoulders with target in the ~85 cents range
Need to see the neckline broken and retested to support this idea.
Big movement incomingIota is holding strong above EMA 50.
In the first hit, have seen +55%.
In the second hit, have seen +110%.
Now, in the third hit, +55% = U$1,85 and +110% = U$2,50.
RSI is holding VERY STRONG above 50 level.
Totally bullish scenario.
I believe in U$2+ on the next week.
IOTA/USDT 1d may cool off - 13/02/2021IOTA had a amazing bull run last days and I took some profit according to my previous analysis and rebalancing strategy. It reached the top of my Elliott based channel too fast and risk/reward of long it now do not look good. I'm neutral, slightly bearish. I'm watching more the BTC chart currently.
Broadening Bottom Chart PatternThe possibility of a fall (50-60%) in the coming days and the opportunity of re-buying.
IOTAUSD Breakout or Pullback to Channel? IOTA seems to be forming a symmetrical triangle. Bitcoin is quiet high at the moment and may correct a little bit. Thats why I'm expecting a pullback into the channel which brings us close to $0,95.
Let me know your trading setup and if you like, let me know. Have a great day!
Time for a correction, target 0.929I think IOTA reached weekly and daily target, now it's time for a nice short.
Following this chart, if it breaks the support line, then targets will be
TP1 0.929
TP2 0.857
SL is on chart.
Please follow 1h chart.
There's no real resistance above $1
Follow up to my analysis here you can see that there's no really some resistance above $1.
Maybe there's some at $2.3 - $2.7, then finally at $5-$6.
This bull can't be stopped, except if Iota Foundation failed to deliver Chrysalis pt 2 on March.
Over and out.
IOTA parabola working wellIf IOTA doesn't break the parabola, IOTA could reach $2+ by the end of the month.
IOTA 900 days BREAKOUTIOTA broked the downtrend line (green line, 900 days).
If btc continue climbing or going sideway, IOTA price will explode soon.
TARGET: U$0,80
IOTAUSD NEXT TARGET 1.80 dollarIn my last analyse, I said that IOTA will target 5 dollars.
Like you see the left right shoulders is on point and if 1.05 dollars is sustainable then the next resistance is 1.80 dollar.
If it breaks the U-form (6 dollars), i expect 12 dollars on the long term, because they will make their own smart contracts soon.
Like and share if you agree with me.
Here I go long on IOTA and IOTA will go upHere I go long on IOTA. The price is testing the major resistance, so now I go 5x long and the bullish breakout will start. See you up there
IOTA completed 150% breakoutIOTA took off and completed 150% breakout in just a few days. Let's see if it'll develop more ahead. How high do you think the IOTA breakout will reach? The resistance I used as base for this breakout is drawn on the linked idea. Happy trading
IOTA - Long term levelsWith the current RSI level and in a weekly view we can get an idea of the next possible IOTA levels for all this year 2021.
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What is your position? Do you see IOTA hitting $ 1.50 or will we return to lower levels due to overbought?
Thanks!
