IOTAUSDT trade ideas
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.271 (stop at 1.224)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.260, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 1.405 and 1.521
Resistance: 1.260 / 1.300 / 1.400
Support: 1.200 / 1.170 / 1.130
100% for IOTA is very possible if btc stays stableYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
IOTA - this can be hugeThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
IOTA Buy a break.IOTAUSDT - Intraday - We look to Buy a break of 1.251 (stop at 1.199)
Daily signals are bullish.
Pivot resistance is at 1.240.
A break of bespoke resistance at 1.240, and the move higher is already underway.
Pivot resistance is at 1.410.
Short term bias has turned positive.
Our profit targets will be 1.396 and 1.521
Resistance: 1.240 / 1.300 / 1.400
Support: 1.150 / 1.100 / 1.020
IOTA Buy the dip.IOTAUSDT - Intraday - We look to Buy at 0.993 (stop at 0.923)
Daily signals are bullish.
Trading close to the psychological 1.000 level.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 0.939.
Our profit targets will be 1.193 and 1.273
Resistance: 1.120 / 1.200 / 1.280
Support: 1.000 / 0.950 / 0.900
IOTA/USDT Potential Downward Movement 🔨🔨🔨Technical Analysis :
On the 1-hr time frame the price found liquidity around the 1.3000 level where the sellers jumped in and smashed the buyers and pushed the price downward. Now, we have wedge formation where the price broke out of the pattern to the downside, and it might cause a further move to the downside toward the 0.9872 mark.
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Trade Idea:
Sell Stop Order @ 1.1650
Take Profit @ 0.9872
Stop Loss @ 1.2541
Trade Safely 🙂
IOTA Might Be Smashed by the Sellers 🔨 🔨 🔨 💡 Trade Idea
📈 IOTAUSDT | Sell Stop Order @ 1.1650
🎯 Target Profit 0.9872
🛑 Stop Loss 1.2541
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a wedge formation where the pair found liquidity around the 1.3000 mark. A breakout of this pattern is seen to the downside where we expect further movement to the 0.9872 level.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
IOTA / USDT UpdateUpdate my idea
I think that all the elements are there to allow the action to reach point 1.70
and this to know when it should happen
On the other hand it is important to pay attention to the correlation that can exist between the pairs IOTA / USDT & BTC / USDT
“In general, assets with a correlation greater than 0.5 are considered to have strong positive associations. Likewise, a correlation close to zero indicates a lack of linear relationship between two variables. "
correlation between IOTA / USDT & BTC / USDT estimated at 0.88
( information source : cryotoactu 2020/01 )
This idea is my opinion, and is only my opinion ... make your own opinion
iota may form a H/S pattern #IOTA may form a head and shoulders pattern and if this is the case, you may see that left shoulder and head is formed and now it is working its way to form right shoulder. Hopefully it will break this to bullish trend. This is for training purpose and definitely not a investment advice. Please don't forget to like and leave your comments, since it means a lot to me and helps with my training.