Iotausd
IOTAUSDT - Easy on Challenges! Trade with pleasure!🤑Good afternoon, colleagues! To everyone who holds this coin in their portfolio or trades - a very interesting picture emerged from its analysis. Now we have come to a very strong level of resistance, which is also the middle boundary of the channel. Most likely it will not be pierced right away. And expect a small pullback for refueling.
Support Levels (locally) 0.29-0.283. Below are two strong levels of 0.25 and 0.22. In the breakdown of which we fly to update the bottom.
It will be possible to talk about the start of mining the double bottom on the daily chart only when the upper boundary of the channel or zone 0.45-0.5 is broken. Higher price of this coin until it rises.
Also, do not forget about the high probability of Bitcoin going to 5500. Then we will see updates to the bottom of IOTA.
In any case, we do not lose the opportunity to earn money. The nearest areas of the seller are indicated on the chart. Trade with pleasure !!!
Success and profit!
Do not leave without like, and if you liked my analytics sign up, and you definitely will not miss anything!
There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2215)
Ending of entry zone (0.1895)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2880
TP2= @ 0.3510
TP3= @ 0.4535
TP4= @ 0.5550
TP5= @ 0.7450
TP6= @ 1.1145
TP7= @ 1.4130
TP8= @ 1.7110
TP9= @ 2.1945
TP10= @ 2.6775
TP11= Free
There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2215)
Ending of entry zone (0.1895)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2880
TP2= @ 0.3510
TP3= @ 0.4535
TP4= @ 0.5550
TP5= @ 0.7450
TP6= @ 1.1145
TP7= @ 1.4130
TP8= @ 1.7110
TP9= @ 2.1945
TP10= @ 2.6775
TP11= Free
TOTAL2 on the move, IOTA set-up>TOTAL2 is breaking out, major altcoins are getting a boost
>IOTA nearest resistance is 0.25, if that's broken next up is 0.48, and if that's broken clear to 0.93
>Bears will continue to be rekt until bulls are euphoric
Leverage: 3.3x
Entry: 0.18$
TP1: 0.25$ RR>10:1
TP2: 0.48$ RR>40:1
TP3: 0.93$ RR>100:1
TP4: 1.15$ RR>200:1
STOP: 0.172$
IOTA BEAR FLAGi observe this bear flag on BITFINEX:IOTUSD , the uptrend trendline violated so the pattern seems to be in play.
Trade opportunity is to go short, A measured move of the impulsive leg down put targets at $0.126
There is however a chance the market interprets this as a pennant in that case the move will be smaller and target is at $0.1560, in that case it may be building a bottom
MeowSignals - IOTA/BTC Free Trade CallEntry: 2257 sat
Stop loss: 2208 sat
Take profit: 2441 sat
Expected call duration: 4-16 hours
Call strength: medium
Call risk: low-medium
Brief Summary: IOTA approached the first standard deviation of the 4H 50 Bollinger Band, but its entry was denied. A second retest and the entry itself is likely, as the price met a significant bottom pivot and a retrace is inbound. The target is the 0.382 Fibonacci Retracement, or the 4H 50 SMA. The signal is also supported by a bounce from the daily 200 lower Bollinger Band, which acts as a support in compression. Proper stop losses should be set. Small loss, small loss, BIG WIN - remember the strategy.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
Follow @MeowSignals for more insights! Also make sure to visit our...
Facebook: www.facebook.com
Website: (coming soon)