IOTUSD trade ideas
IOTA possible Upward price movement!!! Range between 0.35-0.40!An upward movement towards 0.40$ with possible target around 0.38$.
Possible leading diagonal wave to be completed around this range on the upper trend line.
An ABC structure is expected to unfold towards this price range....
A possible 10 days timeframe structure with completion first days of Novemeber....
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IOTAUSD formed bullish BAT | Upto 13% move expectedPriceline of IOTA / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2505 to 0.2454
Sell between: 0.2615 to 0.2786
Regards,
Atif Akbar (moon333)
IOTAUSD hitting support of pennant | A good long opportunityPriceline of IOTA / US Dollar is moving within a bullish pennant.
Now the price action has hit the support of pennant and bollinger bands and also 100 SMA support.
Volume profile of complete pennant is showing less interest of traders here.
200 SMA has crossed down the priceline to lift the candles up.
MACD turning bullish.
I have defined targets using Fibonacci sequence:
Sell between: 0.2765 to 0.2855
Regards,
Atif Akbar (moon333)
IOTAUSD formed bullish Cypher | A good long opportunityPriceline of IOTA / US Dollar has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2695 to 0.2682
Sell between: 0.2705 to 0.2730
Regards,
Atif Akbar (moon333)