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)
Iotausdtrade
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)
IOTAUSDT formed bullish gartley | a good long oppottunityPriceline of IOTA / US Dollar is forming differing harmonic pattern continuously after forming 2 sharks now it has completed the formation of gartley pattern and entered in potential reversal zone.
I have defined the targets using Fibonacci sequence:
Buy between: 0.2433 to 0.2385
Sell between: 0.2471 to 0.2562
Regards,
Atif Akbar (moon333)
IOTA USD formed bullish BAT | Upto 81% potential trading ideaPriceline of IOTA USD cryptocurrency has formed a bullish BAT and entered in potential reversal zone even giving a spike beyond the PRZ area and touching the lower band of bollinger bands 1st time since after April 2019.
Stochastic entered in oversold 1st time since after Feb 2019.
I am expecting the next candle stick will be closed sideways or within the PRZ area rather than closing below the PRZ so we can wait for next candle stick whether it will breakdown the PRZ support or will move up back into this zone.
I have used Fibonacci sequence for targets definition.
Buy between: 0.3036 to 0.2716
Sell between: 0.3797 to 0.4939
Regards,
Atif Akbar (moon333)
IOTUSD has completed the bullish setup | Upto 1052% profitThe IOTUSD was moving within a descending triangle and left the triangle without breakout or breakdown.
Since july 2017 the price action has found a strong support of $0.2051 and this support is not broken sofar.
The bollinger bands is extreme squeeze which is an indication of a massive move up or down soon.
MACD gave weak bull signals since sep 2018 and now it is strong bullish since aptil 2019.
After the death cross of jun 2018 the 10SMA is making golden cross with 20SMA and both moving averages has crossed down the priceline as well to lift the price action up insha Allah.
The sell targets are:
1st target: $2.26
2nd target: $2.90
3rd target: $3.72
Final targets;$ 4.68
Regards,
Atif Akbar (moon333)
IOTAUSD to drop by ~30 pips based on Trend AnalysisFollowing the trend lines, we can observe that IOTA will follow a downward trend, remaining within the main funnel. Since the shorter downward trend suggests movement within the main funnel, we can expect more aggressive swings as it gets closer to the trend lines. I will update you as the price changes. What do you think about it? Would it go under parity and stay there or?
IOTA. It's dangerous to buy now the trend line was break by buyers, after sellers returned the price under the trend line after 2 months.
After breaking the trend line down, its test is now under way. If he is successful - then I see the following:
1) The price falls to the price zone 0.74-0.81 - from where it again tests the trend and goes 0.51-0.56
2) The price falls to the price zone 0.74-0.81, from where the rebound begins to 1.11-1.21
I will consider the long variant only when the price is fixed above the price range of 1.11-1.21.