💡Don't miss the great buy opportunity in IOTAUSDT @iotaTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1.5350).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.28.
Take Profits:
TP1= @ 1.7190
TP2= @ 1.9400
TP3= @ 2.2300
TP4= @ 2.4500
TP5= @ 2.6000
SL= Break below S2
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Iotausdt
💡Don't miss the great buy opportunity in IOTAUSDT @iotaTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1.5350).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.28.
Take Profits:
TP1= @ 1.7190
TP2= @ 1.9400
TP3= @ 2.2300
TP4= @ 2.4500
TP5= @ 2.6000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment. Let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
IOTAUSDT (MIOTA) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOTAUSDT is printing an ascending triangle (AT) pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's (AT) horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's (AT) inclined support.
IOTA long downtrend on the verge of breaking upward.IOTA is reversing after years of downtrend, even though many old alt coins are pretty much higher then their lowest point (still long way till ATH), but IOTA just started to breakout.
*** Do your own research.
*** This is just my own analysis, not an investment advice.
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.426 (stop at 1.376)
Daily signals are bullish.
Pivot resistance is at 1.410.
A break of bespoke resistance at 1.420, and the move higher is already underway.
We look for gains to be extended today.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.567 and 1.662
Resistance: 1.420 / 1.470 / 1.500
Support: 1.340 / 1.280 / 1.200
IOTA - next target 2.18 USD (1.62 FIB)Our strong demand zone at 1 - 1.2 USD held while MACD on the daily is about to turn green. Iota is picking up momentum to the upside while the entire crypto market cap is decreasing. Once Bitcoin finds its bottom or bounces back up again, I think FIB 1.62 (2.18 USD) is feasible for Iota within the coming weeks.
The progress of the Iota Ecosystem is astounding. Chrysalis part 2 and Smart Contracts enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin. The demand will increase exponentially, once we see Iota being used to pay in the m2m economy.
This is no trading advice.
Good luck!
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.251 (stop at 1.199)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.240, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Our profit targets will be 1.396 and 1.521
Resistance: 1.240 / 1.300 / 1.400
Support: 1.150 / 1.100 / 1.020