Long IOTEX - On the road to $0.24 and more First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We ended our Phase 2 correction at $0.1 after a Zig-zag in ABC decomposition (Purple).
We then started our phase 3 with the two sub-waves 1 and 2 formed in the last few days.
We then enter according to this scenario in phase 3 of the sub-waves that will form the major impulse.
Let's give IOTEX time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
IOTXUSD
Market Update - Big Green Day! Will the trend continue?In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
Market Update - My Top 10 Favorite Altcoin Setups for Today!In this video:
* We discuss some new great signs and indicators in the crypto space indicating that the bulls will run soon
* I pick some of my favorite altcoins today, all with beautiful setups
* I challenge you to pick the (4) four best cryptos from this list from which I have chosen. If you pick the four that I picked, you will win a month of free subscription at stewdam.us
Best of luck traders. Stay safe out there. And Happy Holidays to you all!
4H IOTXUSD Coinbase: Looking very interesting! As above.
Approaching strong top resistance line again in this down channel since 13th of November and testing support of 0/21 to 0.23 range again.
Volume low thought.
Overall, large descending triangle since ATH that contains a falling wedge or flag or whatever with a pole running from 0.15 to 0.44???
Watch for potential breakout up in red circle areas if hold support and continues sideways.
Worst case scenario is that we continue down trend with drop to 0.16.
Need to see increase in volume and would really like BTCD to continue to fall below 42 for decent ALT rally.
Will follow.
Good luck traders.
💡Don't miss the great buy opportunity in IOTXUSD @iotex_ioTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.11886).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 0.12950
TP2= @ 0.13839
TP3= @ 0.14728
TP4= @ 0.15616
TP5= @ 0.16687
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 / Crypto 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 ❤️
💡Don't miss the great buy opportunity in IOTXUSD @iotex_ioTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.11886).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 0.12950
TP2= @ 0.13839
TP3= @ 0.14728
TP4= @ 0.15616
TP5= @ 0.16687
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 / Crypto 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 ❤️
IOTX: Downward Channel, Then Pump TimeWith over a 50% correction since November 10th, IOTX is currently moving in a descending channel. Major support is at $.156 based on the previous bottom.
If the major resistance breaks (upper trend line), IOTX will fly. I believe it will reach somewhere between $.50 - $1 by end of cycle.
This is not financial advice. These are just my ideas and opinions.
💡Don't miss the great buy opportunity in IOTXUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1778).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD 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 51.
Take Profits:
TP1= @ 0.2037
TP2= @ 0.2205
TP3= @ 0.2350
TP4= @ 0.2625
TP5= @ 0.2752
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 / Crypto 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 ❤️
💡Don't miss the great buy opportunity in IOTXUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1778).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD 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 51.
Take Profits:
TP1= @ 0.2037
TP2= @ 0.2205
TP3= @ 0.2350
TP4= @ 0.2625
TP5= @ 0.2752
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 / Crypto 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 ❤️
IOTX: Falling WedgeFalling wedges everywhere in this market! These are buying opportunities, in my opinion.
IOTX just tapped the .786, which is approximately a 50% correction from $.44 to $.21.
I believe if IOTX can pass the main resistance line as charted above, then this could fly to $.50+
This is not financial advice. These are just my ideas and opinions.
IOTX: ContinuationAfter bottoming out around $.15 with a breakout to $.44, IOTX has seen another massive 181% pump in just two days.
Now that it's correcting in this falling wedge pattern, I'm looking at two possible areas of re-entry. It tapped the .618 on the micro fib at $.265. It's also possible to drop to the lower $.20's, although less likely in my opinion. Keep an eye on the zones I have drawn above.
This is not financial advice. These are just my ideas and opinions.
A target of 2.9$ /3% for the 14th of Nov would be absurd, right?IOTX is on fire. having clear Fib Movements and corrections.
Now, this would point to a 3rd wave that would push the price up to the level of 3$.
Analytically, it makes sence. Logically... IOTX is already the biggest weekly and daily gainer.
Can it go that high though?