Iotx
IOTX coin burn coming, Perfect setup for quick profitIOTX chart is now at support and is a perfect time to buy. All low sats coins are pumping hard and IOTX has a lot of room for growth. IOTX also has coin burn news coming next week that is big news for any coin. We see a good rally in IOTX in the coming days. Don't miss out on IOTX this altseason.
Buy Zone: 43-46
Target: 51-57-63-70-77-85-93
🔥 IOTX/USDT Bullish Channel TradeAs seen on the chart, IOTX has been following this channel for almost a month now. At the moment, IOTX is facing a small bearish correction to the lower support line of the channel. If the price were to bounce from the support line yet again, it could be a potentially amazing buy in area for short term investors to trade the channel.
To trade this, wait for the price to enter the yellow marked area and wait for a big bullish candle. This marks the start for a bullish trend reversal.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
IoTex (IOTX) Bull Confirmed, Huge Potential!The growth action that will ensue on this chart has been confirmed, strong bullish action detected.
Here are the main three signals we spotted a second after looking at this chart:
1) The "cup pattern" is now common between many altcoins that are breaking bullish and growing big.
2) High volume is one of the best indicators to confirm a "real" move.
3) Moving above EMA50 is a basic milestone that needs to be reached before any pair can really move higher.
IOTXBTC printed all three with many more...
Get ready, because this altcoin pair will also continue to grow.
Thanks a lot for your continued and amazing support.
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Namaste.
✳️IoTeX/BTC Analysis (21/12) #IOTX $IOTXIOTX is at the 30sts strong support zone, which can help push the price of IOTX up again in December and January.
IOTX will head towards the resistance zones of 40sts, 55sts and even 75sts.
However, the market is still not stable so IOTX can still drop to 25sts, so we should have back-up money for this zone.
📈BUY
-Buy: 28-30sts
-Buy: 23-25sts. SL if B
📉SELL
-Sell: 38-40sts if B. SL if A
-Sell: 53-55sts if B. SL if A
-Sell: 73-75sts if B. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️IoTeX/BTC (20-10) #IOTX $IOTX #IOTXBTC50-55sts is the start point of the last rally of IOTX and now we can see a quick pump on it. So this zone is quite good for us to buy in.
Targets should be 65sts and 80sts, these levels are very important and these levels refused IOTX in October, so it will get some selling pressure in these levels.
The lower support is 45-46sts that we will trust in.
IOTXUSDT AnalysisSince there are 2 SELL signals present, I'm BEARISH .
And I don't think this is a good time to buy.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.011) for 1D to buy,
3- You can buy when candles touching the support line (0.0062).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
IOTXUSDT analysisBuy 1 and bull signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy at 0.0081
2. We can buy at support = 0.007usdt
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.011usdt
Since there is an existing sell2 signal, either sell 1 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
IOTXUSDT ANALYSISI have 4 positive signal it is above the support(horizontal now) line
If you cought with 50 ma cross 20 ma buy signal you got x5 profit
If you cought with Moon signal you got x4 profit
If you cought with Bull signal you got x2 profit at this chart that is why you should use EngineeringRobo
If you want to buy this coin it is ok to buy now but watch carefully EngineeringRobo signal
If you hold this coin don' t hurry to sell it watch EngineeringRobo' s sell signal
Finally and Unfortunately EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
If you want to use EngineeringRobo please dm me. Have a good trade
IoTex (IOTX) Bullish Beak! [UPDATE]I am really happy to see IoTex (IOTXBTC) deciding to break bullish since I bought another bag just recently... It is always fun to see prices move shortly after buying.
Here is the same chart drawing shared on the 2nd of July.
Pretty clear, very simple... All the targets are clearly marked.
IOTXBTC Chart Analysis/Signals
We have prices moving above all the MAs/EMAs on low volume...
Since the cycle is bullish, the low volume can be taken as a continuation signal, meaning that we can see additional growth.
Closing daily above 74 satoshis (0.00000074), would signal additional strength and tells us that our next target is getting close.
Let's see how it goes, we are aiming for a higher high on this new wave.
This is not financial advice.
This chart analysis is not meant for you to trade.
Remember to do your own research and have your own plan/strategy before you trade.
Namaste.
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Previous chart | July 2
IoTeX (IOTX) Prints Strong Consolidation
IOTXUSDT ANALYSISBased on my analysis, the candles are stuck between dashed line and the horizontal line(0.008227). In my opinion, the candles cross and pass the last horizontal line(0.008227) very soon. Therefore,
If you wanna a little risk, you will buy it now, or
you wait a few days and when you see the candles will open and close above the horizontal line, that time you may buy it.
Your choice, but if you ask me, I would prefer to wait until pass the line.
Besides, I prefer to look at EngineeringRobo's signals as well. :))