IOTA ChannelIOTA is currently testing the top of its bearish channel, this may lead to a retest of the top of the channel as it looks more like a breakout rather than a retest. Alts are pumping, bitcoin dom is dumping!
Iotausd
$IOTA (MIOTA) - Middle-term - A - B = C (REVERSAL)Position trade.
Target is WAVE C > *A - B = C (100%)
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
TOTAL2 on the move, IOTA set-up>TOTAL2 is breaking out, major altcoins are getting a boost
>IOTA nearest resistance is 0.25, if that's broken next up is 0.48, and if that's broken clear to 0.93
>Bears will continue to be rekt until bulls are euphoric
Leverage: 3.3x
Entry: 0.18$
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$
MIOTA\USD Weekly Chart Forecast>red bars represent bearish outcome
>blue bars represent neutral outcome
>yellow bars represent bullish outcome
I say blue bars outcome is most likely, but this is crypto and anything is possible. Let's see.
I am not a financial adviser, this is NOT financial advise.
IOTA / USD | Bullish Double Bottom WIOTA have opportunity to go up. Looking for breakout before entering the trade. Initial target for move near 0.18$. Might go down if break support near 0.16$.
Good luck, stay profitable.
IOTA Climbs Back Into The WedgeIOTA has seen a drop out of the wedge, this can happen with falling wedges and the outcome may still be bullish. Since the drop, IOTA has climbed back into the wedge which has primed it for further gains.
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.
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IOTA Impulse waveIOTA after dropping out of the falling wedge may pose a sharp bullish reversal to attempt to climb back into the triangle, this may lead to a second impulse wave, and a consequent golden cross.
IOTA/BTC TA Update (Big Bounce at key support?)IOTA/BTC
IOTA price has now reached the 0.618 Fib support and an area of confluence plus descending trend-line support.
There is a high probable chance of bounce will happen in this area especially when RSI is approaching oversold condition.
We could expect some price action to happen within a week.
IOTUSD going up for now.382 fib will act as strong res. due to prev hits.
and also conflicts with top of channel
IOTAUSD Short Term Long IdeaIOTAUSD has been heavily oversold these past few weeks. There are few bullish divergences on indicators as it can be seen in the chart.
Short term target $0.23.
Get rich quickMIOTA\USD : 257k by 2026
Buy IOTA now, Buy smart-yacht in 8 years time.
screen shot this ;)
