IOTUSD trade ideas
IOTAUSD trading in the falling channelHi, everyone! Today we’ll take a look at IOTAUSD!
As we see on the chart after a breakout in the wedge followed by a retest and impulse upwards, the price formed a falling channel in which it is traded at the support line. I expect a rebound and growth toward the line of resistance. We all know that a break in the falling channel will mean a change in trend and growth toward bulls. However, friends, do not forget, when analyzing any altcoine, to pay attention to bitcoin, as everything trades to it. This is not a call to action, this is my personal view of the current situation. If you have any questions, write to me!
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Corrective triangleChart shows possible corrective triangle in bullish trend.
The price touched the E point from which the price should rise. If this does not happen then the pattern is failed.
IOTA is shining. IOTAUSDHere we go! Or rather have been going for about a week so far. I see more growth fractally and momentally. Some fibgoals in gold, invalidation in red. NFA
IOTA - Strong Buy SignalFundamentals are very strong and I think IOTA is the most undervalued coin in crypto. I'm very bullish and ready to hold it for the next 3-5 years!
But if you want a short-term trade, here is my Idea for the next 3 months:
TA:
- If you ignore the COVID Sell-Off, you can see a nice Channel upwards and price reacts bullish at the support line
- Ichimoku as a trend indicator turned bullish, the green cloud gets bigger and price is in a correaction zone
- Weekly red- to green-candle turns are in an uptrend
Buy @ 0.28
SL @ 0.225
Profit @ 0.5
BINANCE:IOTAUSD
Double Bottom PatternThe chart shows the possibility of a Double Bottom Pattern and its target - 0.38$ -
which means price increas of 39.8% of the current price.
IOTA/USDBreak out trend line bearish, pullback, RSI 50, Tenkan W, Kumo twist bull
I cant push buy for you, it's a good R/R no?
SL 8%
TP 50%
TP OPEN 100%
IOTA FREE BUY SIGNAL - Live Technical AnalysisWatch the video for our technical analysis.
Entry 0.2889
SL 0.2438
TP 0.3792
IOTA (MIOTA) - September 2Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We must see if we can ascend above the 0.38833201 point.
You should also check if you can get off the downtrend line.
It remains to be seen which of the two uptrend lines will rise.
To get out of the low range, we have to see if we can ascend above 0.57409842.
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The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance.
Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed.
However, I think it is necessary to carefully check the BTC price flow.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
IOTA (MIOTA) - August 26Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We must see if we can ascend above the 0.38833201 point.
You also need to make sure you can get support at point 0.35335297.
If it falls at the point of 0.35335297, I think it is necessary to trade in installments to preserve profit and loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Months of support around this priceVery little risk in my opinion in investing around this price, the price is baked in it should not go lower, its been this for many months. Once your invested you should just wait until we break out of this consolidated price and see some up-hill movement, next level of major resistance is a $1 so some short term potential.
