There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2215)
Ending of entry zone (0.1895)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2880
TP2= @ 0.3510
TP3= @ 0.4535
TP4= @ 0.5550
TP5= @ 0.7450
TP6= @ 1.1145
TP7= @ 1.4130
TP8= @ 1.7110
TP9= @ 2.1945
TP10= @ 2.6775
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IOTUSD trade ideas
VERY SIMPLE ANALYSIS ON IOTA HEADING TO THE $0.30 LEVEL!Some of us like me have been trading this coin from the $0.157 levels and based on measured move in technical analysis, IOTA is likely to hit a major target and resistance of approximately $0.300 before retracing to test and potentially find support on $0.2201 comfortably.
NOTE - This is a weekly timeframe so it may take a couple of weeks or less to play out.
Please like this post if you find it helpful. Your comments, inputs and thoughts are also welcome :)
Iota possible 50-100% short term correction from parabol break1D Rsi shows highly overbought conditions. This relief rally, after a new all time low since trading started against TUSD on Binance, is most likely followed by a big retrace seen in Iotas price history.
Me being short term bearish on bTC too supports my idea since IOTA follows BTC more or less.
Seeing support at 0,15 while also seeing old support become resistance at 0,25 for now.
WIth iota having good fundamentals and a really good team and vision behind it i am long term BULLISH.
But until their coordicide id recommend DCAing in at oversold RSI to accumulate because if they succeed i see them back in the TOP 5 cryptos for sure.
Have a great day traders :D
IOTA got usefull power for crypto.
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Check the chart :
IOTUSD: SMA200 as Resistance and How to TradeThe price reached another resistance line, and it is SMA200. The price action in this zone will be important for further market movement.
As the market made a good upward movement, a reversal, and a correction after that will be logical. We will be able to get new buy opportunities after the correction, where the best will be based on a reversal from the uptrend line.
The market can try to pass SMA200 and make a new high. But I don't think it will be a good idea to buy following the breakout signal. The reason is, the market looks overbought, and it should correct the previous upward movement. RSI reached the overbought zone. If we talk about buying, we had to open long positions above 0.17 level, but not following a breakout in the overbought market.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Look at me. I did this to you. Remember me.Look. Let's just take a breath and think about it. You've got the money, you've got the guys to do it.
Look at the numbers and tell me that the measly 85% is more attractive than the +1000% with it's 3 big round titts. 3 titts?! If that's not hot than I don't know what is.
Although I can imagine simply dropping the ball will be a lot cheaper and doesn't require work. But you won't make the 85%. You'll make about 1/3 of that after you've covered at a "reasonable" average.
But let's be real here. You only get what you work for.
So pump that shit with about 1/5 the market cap volume and you'll double your money in 3 months. How does that sound? Sound good?
Now go and be free Willy.
Swim with the other whales and tell them about what the old bear told you.
(Everything you just read is fictional. Only a fool would take something posted here as fact. I am not contributing to any future fraudulent behavior on part of the founders or financiers of the IOTA foundation I am merely expressing myself in a creative way. I am not crazy, you are crazy! )
UPDATE - Can We Get A Close Above & Find Support on $0.1877?The Bulls couldn't close IOTA above a major resistance of $0.1877. If we find support on the top trendline then there may be a chance to challenge the resistance again and take this coin to $0.22 as the first target. BITCOIN price and the next day candle for IOTA will tell us where this coin is heading. RSI is not overbought which supports upward movement.
IOTA - Can We Get A Close Above & Find Support on $0.1877?I have been following IOTA for weeks now and entered at $0.157. This coin has a high tendency to get to $0.22 as the first target, and $0.3 as a final target before seeing a retracement or if BTC price does not come down because it basically affects altcoins.
What do you think? Your analysis are welcome.
IOTUSD: When to Buy If You Missed Trend ReversalWe could buy this coin based on a breakout above the downtrend line. We could buy this coin based on a breakout above the local swing highs. The market gave us such opportunities, and if you missed them, you need to think about new trading signals. When to buy the coin if the price continues the upward movement?
It is possible to buy based on the breakout above SMA50. I don't like the entry point as it is far from the uptrend line. But if you look for long term trades, probably the part of trade volume can be used following this signal.
If we talk about the proper buying in the market, which builds an uptrend, I would like to see the downward movement to the uptrend line and buy based on reversal signals from the daily and lower timeframes. It makes sense as long positions will be opened after the correction in the direction of the new uptrend.
TOTAL2 on the move, IOTA set-up>TOTAL2 is breaking out, major altcoins are getting a boost
>IOTA nearest resistance is 0.25, if that's broken next up is 0.48, and if that's broken clear to 0.93
>Bears will continue to be rekt until bulls are euphoric
Leverage: 3.3x
Entry: 0.18$
TP1: 0.25$ RR>10:1
TP2: 0.48$ RR>40:1
TP3: 0.93$ RR>100:1
TP4: 1.15$ RR>200:1
STOP: 0.172$