IOTABTC trade ideas
MIOTA | Hidden Signals (The Bottom Is In!) โThe Money Game!These are kind of like hidden signals, very subtle but yet, they are present and reveal what is truly happening with the market.
MIOTA (IOTABTC) hit a new All-Time Low on the 5th of August 2024. This session ended with a long lower wick and closed green. Signaling that this might be the end of the bearish wave. Confirmation of this assumption comes in the following price pattern.
On the 25-Aug. there is a very strong selling pressure, high bearish volume yet no new lows. IOTABTC continues to move lower after this high volume and on the 30th of August produces a new low and yet, this is still a higher low compared to the 5th of August. This all means that buyers are present. There is support.
If buyers show up after a new ATL, this points to the reversal of the bearish trend.
What if prices keep going down, what then?
Think long-term.
Just focus on the long-term. This is the best time to do so.
When prices are high up, you will see me writing, "saying," reminding you to think short-term, which means, take profits because there is about to be a sell-off.
Now, at the bottom, think long-term.
When prices are high up; better sell and buy again at the end of the bearish wave.
We are at the end of a bearish wave now, so time to buy.
When the end of the bullish wave is present, time to sell.
That's how it works... We buy at the bottom, to sell at the top.
I know this might be too basic, but we tend to follow the market impulse and do it all wrong.
I am here to inspire you to make the right choice.
This is not financial advice.
I share my experience.
I am sharing my opinion and views of the charts.
If you win, all the money goes to you.
If you lose, the responsibility is yours.
If you don't understand, take some time to study, learn and prepare before you trade.
This is a venture for adults but in the end, it is all a game... A money game.
Namaste.
(The targets on the chart are for illustration only; it can go much higher.)
Trading Signal for IOTABTCDirection: Buy
Enter Price: 1.59E-06
Take Profit: 1.64E-06
Stop Loss: 1.54E-06
We are issuing a Buy signal for the IOTABTC pair with confidence based on data analysis using the EASY Quantum Ai strategy . Here are the key factors influencing this signal:
1. Momentum Analysis: Recent trends in the IOTABTC market show a consistent upward momentum. Historical price data indicate a tendency for bullish reversals at levels slightly above the current entry price.
2. Market Sentiment: Positive developments in the IoT space have attracted considerable interest from investors, contributing to a favorable sentiment towards IOTA. This external influence often translates into short-term bullish movements against BTC.
3. Technical Indicators: The EASY Quantum Ai strategy has flagged a bullish crossover with the 50-day moving average now above the 200-day. Additionally, RSI levels confirm that the currency pair is not in the overbought territory, allowing room for upward movement.
All these factors combined present a promising scenario for a Buy at 1.59E-06, targeting a Take Profit at 1.64E-06 with a protective Stop Loss at 1.54E-06. Trade wisely!
Long IOTABTCI have identified a potential combination of the daily and weekly lows for the IOTABTC pair, which indicates a strong possibility of a significant increase in price. Based on this analysis, I anticipate a substantial upward movement for this pair.
Our recommended stop loss for this trade is set at 0.0000051. To take advantage of potential price movements, I suggest placing buy orders in incremental steps, starting from 0.00000538 and going down to 0.0000052.
Please keep in mind that trading involves risks, and it's important to conduct your own research and consider various factors before making any trading decisions.
#IOTABTC - Long - Potential 50.37%#IOTABTC - Long - Potential 50.37%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 15.24%
Exit:
โข โฟ Target 5 : 1922 100%
โข โฟ Target 4 : 1441 49.95%
โข โฟ Target 3 : 1153 19.98%
โข โฟ Target 2 : 1057 9.99%
โข โฟ Target 1 : 1009 4.99%
DCA Entries
โข โฟ Entry : 0.00000961 - 100%
โข โฟ Current market price: 959
Stop: 898 (-6.56%)
Volume Break, could see good movement against BTC if US unemployment comes in low again.
Technical indicators:
โข โฟ 24h Volume: 16.43860931
โข โฟ Satoshis: 959
โ
Trade: IOTABTC 09/03/2023 12:01
Account: SPOT
Volume last 24h: 16.44 BTC
Strong chance of new trendSufficient compression across all timeframes to allow for an upward move with minimal resistance. Confirmation on lower timeframes as a new expansion pushing past previous compressed periods with a resulting pivot point of 1h 300 period 1.25 standard deviation. Provided price stays above said pivot, trend should sustain indefinitely. The moment that pivot breaks, trend will end.
As trend duration is indefinite, no targets provided as price will continue upward so long as pivot holds. When the pivot does break, price will mean revert down to the 1h 300 MA.
Everything on this chart is just a different representation of a bollinger band. Most metrics are defined based on relative width of the distribution rather than the current deviation itself.
IOTA getting ready for another pumpFundamentally the project is going great, releasing a lot of new features and running Shimmer as expected to release it as IOTA 2.0.
So it's discounted by the market cycles. Like on January, we have gone under the "normal" BTC correlation, so a shot up in this correlation giving the fundamentals is a quite attracting possibility. 0.00002 is the first target, followed by 0.000025 and 0.00003.
IOTA/BTC - Target 0.00015 BTC to 2021-2022 yearHello!
Investment idea (long position):
1. BUY - 0.00002000 btc
2. BUY - 0.00001500 btc
3. BUY - 0.00001000 btc
In the event of a strong growth in the Bitcoin Dominance Index, IOTA has a chance to drop to the level of 0.00001000 BTC, while your average purchase price will be about 0.00001500 btc.
Be sure to watch the trend on the BTC Dominance Index chart!
Good luck!
IOTA formed bullish Gartley | A good long opportunityHey dear friends, hope you are well, and welcome to the new update on IOTA (MIOTA) coin with BTC pair.
Previously I shared a long-term trade setup of IOTA, which is still in play:
Now on a 4-hr time frame, IOTA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IOTABTC Inverse Head and ShouldersI can see a good possibility for a 180% move against BTC from the current price, based on a measured move of an inverse head and shoulders pattern. It looks like a very good reversal.
This for me means it is a great opportunity to buy MIOTA from what could be the beginning of a huge rocket.
Alt season baby!
PS: I also had a dream about MIOTA a few days ago out of the blue, even tho I trade other coins, so I moved more resource into it and did some analysis. Maybe big things ahead !
๐ง ๐ป ๐ (IOTABTC update)hi guyZ ๐๐ฝ
...i think IOTABTC have a good support (green lines) and i'll buy on support with a tight SL (1D close below white line) and TP on redZ
but most important thing about this chart is OA ichi pattern (follow ichi cloud formation in last huge pump) and a nice trend on RSI
...so maybe we will see a nice move in coming days (like green wayZ)
plaese don't copy my trade blindly thats very risky ((( #NFA )))
#DYOR ๐๐ฅ๐พ
IOTA/BTC Multi-Year Downtrend ReversalIOTA may have escaped a multi-year downtrend back in Februari 2021; since then it looks like it has been completing an inverse head and shoulder pattern, which may result in a major uptrend. With IOTA's smart contract network and decentralised staging network releasing in 90 days, this doesnโt seem to be too far fetched. Looking for a break above ~4000 sats as signal of reversal.