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IOTAUSD formed bullish BAT | A good long opportunityPriceline of IOTA / Tether US , US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at the PRZ level. MACD is strong bearish and Stochastic is in bear cross so for secure trade we should wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.2739 to 0.2700 Sell between: 0.2751 to 0.2801 Regards, Atif Akbar (moon333)
Long
by moon333
IOTAUSDT forming bullish Shark | A buying opportunity aheadPriceline of MIOTA / Tether US is forming bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.2657 to 0.2607 Sell between: 0.2707 to 0.2814
Long
by moon333
Iota to Break Out in Coming Days?Iota too is coming to the end of a consolidation phase. If you follow the Quantium Research account, you'll know that Ripple became the first crypto to break out of the consolidation zone earlier. This is an indication that other cryptos, including Iota will be soon to follow, although that's not certain. Iota's consolidation has been different to some others because it has taken the form of a rising triangle, an intrinsically bullish pattern which can be expected to break above the upper boundary once the pattern is complete. In this case, that may prove difficult since the upper boundary coincides with a 1.618 extension of the last swing up of the prior uptrend. This is providing more resistance. This level has been tested twice already throughout the construction of the triangle and both times the market reversed on higher than average volume. Will the market be able to break above on the next retest? Possibly, but we don't need to predict. The market is just about at the level in question. The response here is important so watch what happens and act on what unfolds as you see fit. A breakout may see many enter longs. A reversal may see many initiating shorts. This time window is drawing to a close. We will know the outcome in the next few days, potentially the next few hours. Remember that if it does break out, it would not be the first of the major cryptos to do so and would be a bullish sign for other cryptos, including Bitcoin. Watch carefully.
BITFINEX:IOTUSDLong
by Quantium_Research
6
IOTAUSD is forming bullish BAT | Another good long opportunityOn short term 1 hr chart after forming a bullish BAT pattern priceline of XRP / US Dollar is forming another bullish BAT pattern , sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced between 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.2545 to 0.2478 Sell between: 0.2562 to 0.2651 Regards, Atif Akbar (moon333)
BITFINEX:IOTUSDLong
by moon333
IOTAUSDT has formed bullish Shark | Utpo 38% possibilityAfter forming a bullish Shark the priceline of IOTA/ Tether US has formed another bullish Shark pattern and entered in potential reversal zone to hit the sell targets insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Sofar the price action has just hit the spike in PRZ area but MACD and stochastic are strong bearish therefore I am expecting that the price action will give another chance to catch it from potential reversal zone. Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.2368 to 0.2152 Sell between: 0.2555 to 0.2980 Regards, Atif Akbar (moon333)
Long
by moon333
5
IOTAUSD formed a bullish Shark pattern|Upto 123% potential tradeAfter completion of gartley pattern the priceline of IOTA / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area can be used as stop loss in case a complete candle stick closes below this area Volume profile of complete pattern is showing less interest of traders at this area. MACD is turning bullish Stochastic is oversold but did not give bull cross. I have used Fibonacci sequence to set the targets: Buy between: 0.2612 to 0.2052 Sell between: 0.3288 to 0.4595 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:IOTUSDLong
by moon333
IOTA LONG - Trading in perfect cup bottom and crossed log downHey, Something I've seen and also btc pair backs it up. I've seen btc/iota and eth/iota and compared similiar runs and there is a reason to believe a move up is ahead. Then I went to check the dollar chart and saw how we turned resistance logline into a support and confirmed higher high and and the same time we are trading in a perfect cup bottom while holding important key levels. What is good to understand that usually before we confirm the bottom is we get almost similar bottom levels before and after log-cross, and we can confirm we have had that. Don't forget what iota has coming up, Co-ordicide, qupic, oracles, partherships.. the fomo will be intense when the whales decide to move it up and right now not many are in. It's not just your boring altcoin but has actual development happening despite the crypto winter. Except a rally!! So now just sit back and wait, enjoy the formations doing all the work for you. Place your sells after 5-20x and enjoy a nice ride up. But don't forget, before you can sell you have the buy the f**p up! Just imagine the cup getes filled and a handle and breakout formed after.. !::SHOCKFACE::! Congratulations in front! This is not a financial advice it's just simply my observations....
BINANCE:IOTAUSDLong
by dingdangdong