IOTA is getting ready for the next bull run!Hey guys, Based on the chart a bullish channel has been identified and currently price have reached to the bottom line which can act as a supporting level. Also a bullish wedge is on the chart that can confirm our bias.
So with risk/reward of 1/3, it can be another good and low risk opportunity to buy.
Iotausdt
TradeCityPro | IOTAUSDT Identifying a Re-Entry Point for Buying👋 Welcome to TradeCityPro Channel!
Let’s analyze one of the oldest coins in the market that has recently experienced a bullish move. Together, we’ll find our entry and exit points.
🌐 Overview Bitcoin
As always, before analyzing IOTA, we’ll take a quick look at Bitcoin on the 1-hour timeframe. Bitcoin is currently undecided, consolidating below its resistance and ATH while undergoing a correction. The positive aspect of this is that the volume is decreasing during the correction phase.
If you missed the previous entry, you can open a long position at the 106996 resistance with a wide stop-loss at 99851. This level can also act as your spot trading trigger, but only if you don’t hold Bitcoin. Personally, I would wait for Bitcoin’s dominance to drop and then switch my focus to altcoins.
📊 Weekly Timeframe
On the weekly chart, IOTA has been within a falling wedge pattern, which is inherently bullish and capable of reversing the primary trend. After breaking the 0.1423 trigger, the bullish move was activated.
Before the breakout, the weekly candle engulfed the three previous candles, signaling that bearish momentum had ended and giving an early signal to add this coin to the watchlist.
If you entered at 0.1423 or 0.2022, it would have been logical to secure your initial investment and continue holding the remaining coins. For now, there aren’t any clear weekly triggers for a new entry.
📈 Daily Timeframe
On the daily timeframe, IOTA has been performing better than most altcoins. While many altcoins have retraced to their daily boxes, IOTA remains above the 0.382 Fibonacci level, which is a strong bullish signal.
Momentum entered the coin after breaking the 0.1888 resistance—the top of the daily box—with a strong candle and good volume. At that point, it was possible to enter with a risky stop-loss at 0.1485 or a safer stop-loss at 0.1081. Afterward, the price moved up to 0.4999, showing signs of weakening momentum with smaller candles indicating a potential pullback.
If you’ve already entered during the breakout, hold your position for now.
You can exit if the price stabilizes below the 0.28 support, but I personally wouldn’t, as the chart still shows a bullish posture.
If you’re looking to re-enter or add more, wait for a breakout above 0.4018, which could initiate a new primary bullish trend.
The 0.1081 fake breakout triggered a significant reversal, marking the start of a new bullish move. This behavior highlights the importance of recognizing fake breakouts as trading opportunities.
If 0.28 is broken, the next support levels to watch are 0.2365 and 0.1888, though it’s unlikely for the price to drop below these levels at this stage.
As long as the price stays above 0.28, IOTA remains bullish , Wait for a breakout above 0.4018 to confirm a new bullish trend , Support levels are 0.28, 0.2365, and 0.1888 , IOTA continues to show strength, making it an interesting candidate for long-term holding or strategic trading.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
iota long midterm"🌟 Welcome to Golden Candle! 🌟
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IOTA ANALYSIS🌸#IOTA Analysis : Bullish Trend 🚀🚀
🚀As we can see that there is a formation of Flag & Pole Pattern in #IOTA in 8 hr time frame. Right now #IOTA is trading above it's crucial support zone and we can see a bounce back from its support zone 💪
🔖 Current Price: $0.3569
⏳ Target Price: $0.4330
⁉️ What to do?
- We can trade according to the #IOTA chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#IOTA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
IOTA at $0.28 Support: Breakout or Breakdown Ahead?IOTA/USDT is trading within a descending triangle pattern, indicating consolidation with lower highs and steady support.
The initial support is at the $0.28 level, providing a key area to watch for potential breakdowns.
A breakout above the descending resistance trendline could trigger a bullish move, with targets in the $0.36-$0.38 zone.
DYOR, NFA
IOTAUSDTGood accumulation phase observed, indicating strong interest from buyers. The asset shows a strong potential to grow, with consistent higher lows and increasing trading volume. Price action suggests a bullish sentiment, with key resistance levels being tested. Breakout opportunities are visible if momentum sustains. Watch for a potential pullback to establish new support before the next upward move. Strong potential to grow
Short term pump, mid term dump on IOTA?maybe a 2x is on the cards, though it seems if enough people buy in at these levels the pump may not continue, it is already at overbought. But prior pumps continued into high RSI, so it could reach something like a dollar per IOTA, but is still poised to dump afterwards.
IOTA price is ready for further growth?Another “old man” #IOTA woke up, whose price was in a downward trend: 2021, 2022, 2023 and almost all of 2024)
Today, OKX:IOTAUSDT finally managed to break through the strong mirror level of $0.45
1️⃣ Further, to continue the growth, buyers need to keep the price above $0.45
2️⃣ If this is done, there is a good chance of continued growth. But starting from $0.68 and up to $1.88, there will be a lot of people willing to sell this asset, which has been in the holding for more than two years. This, in turn, may affect the growth dynamics.
3️⃣ If the #IOTAUSD
price cannot be kept above $0.45, it is advisable to keep in mind that a possible correction to $0.20 is possible.
_____________________
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#IOTA/USDT#IOTA
The price is moving within a descending channel pattern on the 12-hour frame, which is a retracement pattern
We have a bounce from a green support area at 0.2000
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.2100
The first target is 0.2471
The second target is 0.2700
The third goal is 0.2990
#IOTA/USDT /Ready to go up#IOTA
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1011
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1182
First target 0.1274
Second target 0.1360
Third target 0.1496
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT
CRYPTO:IOTAUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2189 (Close it if you don't want to lose any)
0.2282
🔴SL:
0.2030
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
IOTAUSDT Elliott Waves (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Entry zone: market and lower
Targets: 0.15 and 0.18
after first target reached move ur stop to breakeven
Stop: 0.0046 (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
#IO/USDT#IO
The price is moving in a descending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.45
We have a downtrend and the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.48
First target 1.57
Second target 1.70
Third target 1.83