IOTAUSD trade ideas
IOTUSD Ascending Triangle Up To 0.2570$?!IOTUSD Ascending Triangle Up To 0.2570$?! Big Ascending Triangle forming... up to exactly 0.2570 (previous high)?
IOTUSD Back In Sideways-Channel...IOTUSD Back In Sideways-Channel... We see some strength right now but we need to break 0.23$ (breakout of the sideways-channel) to break the lower highs on daily... got rejected @0.23 4x already...
Last move down from the top looks like an impulse on IOTAWe are probably in the C wave of an ABC correction to the upside.
IOT/USDJun 21
Hello Friends, here my idea to IOT/USD . Resistance line broken. 4-Chart. (In the chart you will find all information)
-> IMPORTANT: Just my opinion no financial advice, everyone is responsible for their own investments or trades!
Double bottom patternChart shows the possibility of the double bottom pattern and it's 13% increase target in the coming days.
IOTUSD We MUST Close Daily Above 0.22$!!!IOTUSD We MUST Close Daily Above 0.22$!!! Otherwise we would fall out of our strong uptrend and a bigger sell off is likely (we got rejected @0.25$ major resistance...) so we NEED to hold the uptrend... A new falling wedge (red) could push us back up into safe "territory".
IOTAUSD shortIf it not holds at A or B, we might go deeper at C (with some fluctuation between them). After that I expect a uptrend...
Let's see what happens ! Any ideas ?
IOTUSD Back Into Channel Soon?!IOTUSD Up To 0.23$ Soon?! Symmetrical Triangle broke out to the downside out of the channel, retested a few times... raise up to upper channel resistance (0.23$) with big bullish volume likely.
IOTUSD Back Into The Channel Soon?!IOTUSD Back Into The Channel Soon?! We find support @0.22$ and a raise up to 0.23$ (back into the channel) is very likely. Volume is pretty low so expect a big increase in ( bullish ) volume soon...
IOTAUSD: Analysis using Ichimoku 19/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI on the H1 has reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level on the H1 and H4.
Good luck!
IOTUSD Falling Wedge Breakout To The Upside...IOTUSD Falling Wedge Breakout To The Upside... retested (previous) falling wedge resistance and is currently back in sideways channel (red). Maybe we will not break the channel above 0.23$ and stay in the channel before we go up higher...
No reason to be bearishBullish trend line since March 17 is still intact. Let's allow our runners RUN.
IOTAUSD: If you want to moon, trendline to HOLDIt is important for longterm that the possible recovery angle stays identical for healthy growth. Play the support, for and against. :)
IOTUSD Falling Wedge Up To ~ 0.24$?!IOTUSD Falling Wedge Up To ~ 0.24$?! Hopefully we bottom @0.21$ and go up to ~ 0.24$... symmetrical triangle breakout to 0.21$ successful...
IOT USD SELL (IOTA - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
IOTA: Analysis using Ichimoku 13/06/2020H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome.
Conclusion:
We recommend buying IOTA now because most indicators indicate the end of the price decline.
Good luck!
IOTUSD Breakout To The Downside... IOTUSD Breakout To The Downside... Target: ~ 0.21$. Maybe just another fakeout?! No big bearish volume yet.
