Iotx
IOTX 3D Attention! Ideal point to drain your depositToday we'll talk about the sensational IoTeX project in recent days. IOTXUSDT price made in less than 4 days +600%.
Such a rapid rise in price was caused by a combination of two news:
1) launch of uTrade v2, a decentralized trading platform with automated market marketing (AMM)
2) listing IOTXUSD on Coinbase PRO
If we missed some important news about IoTeX, or do not know what we are talking about at all, then please correct us in the comments .
But if you look at the graph of the IOTXUSDT pair globally (on coinmarketcap, for example), we will see that the coin for 3 years from 2018 to 2021 was lying around, no one needed, without the slightest signs of life.
Of course, we can assume that the team was actively working, and investors were accumulating it all this time, and only from 2021 the implementation of 3 annual plans began.
But it can also be assumed that now there is a banal manipulation and pump.
We are not hinting at anything, we are not trading the coin, but looking at the IOTXUSD chart, we see that the price hit the upper border of the channel and a rollback began.
Be careful, because the rollback may take longer, and the price of IOTX itself can fall at best to $0.50, and at worst to $0.35
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A visit back to low $0.12 ?Selling pressure seemed strong enough for a pullback to range of $0.12, still very stong and compared the previous move it had with less volume, so still upward momentum could happen if more volume comes in, but before that we need to retest range of $0.12 for support.
👁️🗨️ This is just my opinion, Price doesn't HAVE to agree with it, ALWAYS DO YOUR OWN RESEARCH.
💣 Use stop-loss and be safe.
💥 Follow and like for more updates on IOTX/USDT.
💦 Risk what you can lose.
JASMY 1 USD POSSIBLE TARGET --->THE NEW JPN BITCOIN? SONY Hello trading friends,
Depending on-trend study Jasmy looks interesting for long trends.
And if it gets confirmed that SOny is now behind the blockchain project for the PS, this can become huge.
# do always study before you enter any coin.
Depending on scan only to TA, it looks interesting - out of the news trends.
Target?
0,50, and in best time 1 USD + with time we will do more price action study.
Have a great day.
IOTX rallies high to ATH at $0.25, gaining 111 percent overnightThe IoTeX price analysis reveals the IOTX/USD is strongly bullish at the moment, and the recent uptrend started on 28th October. But IOTX skyrocketed yesterday when it rallied high to $0.215 and continues the upside today as well. At one instance yesterday, the IOTX swang as high as $0.394 but capped at $0.215.
The IoTeX has emerged as a winner of the IoT (internet of things) blockchain race, as it is the token with the highest gains right now, owing to the latest technology advances the IoTeX has been developing and launching, making it more useful for businesses and practical life, especially connecting machine-human interface.
Will the uptrend continue?I think it will. Just got put on travala.com for travel payments. The pebble tracker is about to shock the blockchain world. I don't know of another team making real world products. As more devices come online on the future coins get burned. Think about that. DYOR! Tried to tell ya in my last post . Up 100%+ since.
COINVIEW SHOWS A GOLDEN TARGET AT 430 USD FOR BREAKOUT TREND!Hello trading friends,
We expect into the short term that COMPUSDT can become on target of 430+
This target is very important for a further breakout, and we should follow it with a time frame, we are at this moment still below 400 USD - depending on trend study and TA - We could see as we said above the 430 targets into short term.
Always do your own study as it will stay crypto with their risk. as long you have a trading plan is this coin a great option and it's personally expected.
Let's see coming time the trend, even if it breakdown, i expect there is a volume trend that will bring This coin back to the trend.
# Coinview is a study that shows possible increase coins for the coming time, the same study we did with coin view for Velas, dogelon IOTX and more before coins.
Next expecting target 430 usd for COMPUSDT
Have a great day!
Hourly RSI above 90, short consolidationSo I mentioned this just hours before the run, fun day :))
On the hourly charts RSI is heated up too much, a short term consolidation is likely, take profit and come back in a couple of hours as comparing the volume to previous runs of this coin shows there is still room for growth. $0.2 is the first target short term.
Good Luck!
COMPOUND LOOKS READY FOR THE MOON ! GOLDEN TARGETS ON WAYHello trading friends,
The best scan of the week is COMPOUND. and even if this happens with dollar-cost avenging. what means if price breakdown there could be new entering for the high targets.
I do more times coins study, Compound shows an amazing trend, where it can show unexpected increases.
I believe that we are at the start of increase - and this is my personally expecting, do always your study, and manage your risk well, as at last, it's your money.
If I scan a coin and that coin increase coming, it means I have done this for myself also, and I will share only info where I expect it has a high chance to happen, into crypto there is noting called 100%, but there is something called also good Data and trends study, and that's what I do. there is also noting in trading that wins always, but as long you win more than lose.
# some time the trends can return, but even then a breakout is still possible. some whales waiting for an exact limit order to enter. but does not mean that you should wait as a day trader, if you do cost averaging, then you have long term plan.
I hope for you all to make great profits, but same time I hope also for all to have at last a plan with risk management.
For those finding this coin interesting after you have done your own study, I wish you the best.
TARGETS?
The compound can hit coming time above 400 USD + on way to 500 USD, and even 650+
Like and follow if you like the content, thank you
Have a great day!
Iotex team seems to be making movesThis project is so solid. With the pebble tracker going into action, possibly being introduced into medical field for tracking medical supplies. Could even be used in the automobile industry for insurance purposes, and I think it will be used for that as well. Breaking a long term patter recently and looks poised to break another bull flag. Look into this project, it's gonna do big things.
IOTXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
IOTX under big resistanceif break up from the resistance level above, we could expect a bigger move up...
SRSI high, could retest 20sma or even support zone before moving up further,
If drop-down from support zone, and 200sma, we could expect more downside movement and take a short trade.
SRSI looks like it wants to print death cross.
Scalp traders could take short scalp trade if we lose support from 20sma.
Good luck traders
IOTXUSDT - How to find a good project?I had a question from one of you about this coin, and decided to show my method of madness on how to find low/micro cap coins to invest in.
Sources of basic information:
www.livecoinwatch.com
coinmarketcap.com
Answer the questions using the above sources:
Who are the founders? (and are they trustworthy with my money) Stalk them! You are about to give them money.
What is the purpose of the project? I personally like protocols (ETH, SOL, AVAX), DEX (Uniswap), and unique utility (Think DOT and LINK)
Is anyone currently working on the project? when is the next update?
Website? You can learn a lot about what is going on with how well the website is built and upcoming milestones.
Technical analysis:
First, I would like to note, that I don't normally just ape into anything even if I think the project is good. I like to watch the price for a period of time to get a grasp of what is a good value buy.
Second, I would look at the chart and understand how much has it moved in the last 30-60-90 days and set a short/long term buy spot. For example here: now looks like a good buy spot and then sell around the $1.8 to $2 mark and wait for the correction. Due to my first rule, I would wait until after the correction.
My Chart Summary:
The chart has a bullish and bearish pattern formed on top of each other. It looks like the bullish Cup and Handle will play out first with a breakout to about $2. Followed by the bearish pattern playing out with a correction down to potentially $1. This whole chart does resemble a Elliot impulse wave with the rising wedge as wave one, first part of the cup as wave 2, second part of the cup as wave 3, handle part 1 as wave 4, and second part of the handle will be wave 5. The final correction to the second rising wedge will form the A-B-C correction post Elliot impulse wave.
Finally:
Technical analysis is nothing more of a possible solution to the current snapshot in time shown on the chart. Many things can develop over the coming weeks and months as we end this bull run. this chart could look totally different in a month with a look back at this post being totally wrong. With that said, nothing about this post is financial advice and I am not a financial advisor.