IOTAUSDT trade ideas
IOTA/USDT expected bullish movement!Hi every One
IOTA / TETHERUS
IOTA/USDT has been in an ascending triangle but now the break out has happened and the expected projected price movement will be as much as the measured price movement (AB=CD) .
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
I oughta row, row, row IOTA here.... Break through... PLEASEMaybe the latest news will spurn some life into this floating boat and push us out of this boring little boat we are trending in. There is a small MACD confluence accompanied by a minor uptick in volume and a stochastic uptrend. Does that mean I can jump ship or ride her to paradise island. Look for a little pop... just a wee bit more confirmation and maybe she's heading on up to the EAST side. Probably to join a street gang.
Here's a quote from IOTA about nine hours ago.
#IOTAQuicktakes - Let's start the week with the latest #IOTA news? The IOTA #token officially on #BinanceSmartChain, the new #Pollen upgrade with #mana being used by #FPC #autopeering, the IOTA #CaWEndar and more. youtu.be
Possible Rising Wedge on IOTAUSDT - Bearish correction in sight?A possible rising wedge is under development on IOTAUSDT. Usually this shows signs of weakness and could be an early signal of trend reversal. If price manages to break through February's 1.500 zone the wedge could start to complete thus letting price fall to 1.250 as first support level. A divergence on the Elliott Wave Oscillator is also a sign of exhaustion.
Alternative scenario: price will stay inside the wedge and continue as an uptrend by unvalidating the formation.
For now I'll stay neutral and enter if the pattern starts to unfold.
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