IOTAUSDT trade ideas
IOTAUSD WYCKOFF Analysis - Bullish - #IOTAA combination of Wyckoff Analysis and 'off-chart' Upcoming IOTA updates/upgrades/news
We noticed IOTA going through an Accumulation phase from August 2018 until February 2021 when it then exited to enter the 'Re-accumulation/Preliminary Supply (PSY)' phase.
There is still no sign that IOTA has reached Phase A of Distribution so this shows that IOTA still has alot of room to grow.
IOTA is also corralated with BTC and BTC is also Rising. You can check my Idea on BTC/USD here
SUMMARY:
1) According to the WYCKOFF Analysis IOTA exited the accumulation phase and is headed towards Phase A of the Distribution, which means it will grow rapidly from here
2) IOTA is corralated with BTC and BTC is also rising
3) There are many upcoming upgrades/updates on IOTA in the following weeks/months that will create hype and also assist in pushing the price up
Overall, I believe IOTA will grow massively in the coming weeks/months
Please let me know your comments, Ideas - any feedback will be appreciated
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Not a financial advise, this IDEA is only for educational purposes
IOTA/USDT : Below Binance's ATH BINANCE:IOTAUSDT
Hello everyone 😃
IOTA has reached Binance's ATH, It's located at ~2.145$
Also IOTA had a breakout from rising wedge recently.
There will be a retest on wedge's higher line and then it could break 2.145$ resistance line...
📌 How ever there is a heavy support zone around 1.7$ !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
IOTA La Pump de ChrysalisChrysalis is a big upcoming update happening on the 24th of April for IOTA. Likely, the price will push up because of the event and might dump after it goes live, but we'll see about that later.
The current formation is known as a leading diagonal, which is a short-term bearish pattern, with a longer-term bullish outlay. This means that price dips 5 - 30% first, before initiating wave 3 of the 5-wave cycle from Elliot waves.
The dip may have already happened or not, just don't set your stop loss too tight or you get left out (my stop loss is at 1.10).
Targets
1. the first target is the first resistance formed around 2018 when IOTA started a huge dump, which is around 2.75 USD. check the BFX chart for IOTUSD to see this data.
2. the second target is the 1.618 extension of the current leg, which is somewhere around 3.
3. the last target is the ATH that IOTA reached somewhere around 2018, which is around 6. Also, check this on Bitfinex data.
Good luck traders and please don't over-leverage like I just did.
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