IOTUSD trade ideas
IOTA/USD LongOk, so I was stopped out of my last IOTA trade, still took some profits along the way at the 10% mark, could have taken 20% but it moved down too fast.
We have another opportunity here, with an even better RR.
Entry zone: 0.22-0.25
TP1: 0.38 (shooting for this target, anything else is a plus.)
TP2: 0.51
TP3: 0.74
SL: below 0.18
IOTA LONG - Trading in perfect cup bottom and crossed log downHey,
Something I've seen and also btc pair backs it up. I've seen btc/iota and eth/iota and compared similiar runs and there is a reason to believe a move up is ahead. Then I went to check the dollar chart and saw how we turned resistance logline into a support and confirmed higher high and and the same time we are trading in a perfect cup bottom while holding important key levels. What is good to understand that usually before we confirm the bottom is we get almost similar bottom levels before and after log-cross, and we can confirm we have had that.
Don't forget what iota has coming up, Co-ordicide, qupic, oracles, partherships.. the fomo will be intense when the whales decide to move it up and right now not many are in. It's not just your boring altcoin but has actual development happening despite the crypto winter. Except a rally!!
So now just sit back and wait, enjoy the formations doing all the work for you. Place your sells after 5-20x and enjoy a nice ride up. But don't forget, before you can sell you have the buy the f**p up! Just imagine the cup getes filled and a handle and breakout formed after..
!::SHOCKFACE::!
Congratulations in front!
This is not a financial advice it's just simply my observations....
IOTA USD formed bullish BAT | Upto 81% potential trading ideaPriceline of IOTA USD cryptocurrency has formed a bullish BAT and entered in potential reversal zone even giving a spike beyond the PRZ area and touching the lower band of bollinger bands 1st time since after April 2019.
Stochastic entered in oversold 1st time since after Feb 2019.
I am expecting the next candle stick will be closed sideways or within the PRZ area rather than closing below the PRZ so we can wait for next candle stick whether it will breakdown the PRZ support or will move up back into this zone.
I have used Fibonacci sequence for targets definition.
Buy between: 0.3036 to 0.2716
Sell between: 0.3797 to 0.4939
Regards,
Atif Akbar (moon333)
Iota bull run alert !Iota is following a similar pattern to what we saw before the 2017 bull run. See the grey boxes on the chart, the same pattern is also holding the support.
Possible targets are: 80 cents upwards.
I expect it too start a bull run along with the other major alt coins, following a similar pattern to bitcoin’s current bull run.
IOTA - strong up trend near reversal ? wait for confirmationMarket moves within strong up trend structure after last weeks breakout from drawn triangle. RSI is already in correction but market up trend is still intact which is a bullish indicator. MACD baselines looking like bullish crossing of baselines is incoming and baselines stay above zero line/ bearish area, which is bullish indicator.
The up trend is intact as long as the trend line breaks and a 4-hour candle closes below it, this is a clear sell-signal.
In my opinion Iota is a great project, but still needs a while until the token can actually be used. At the moment there are no known big events or technical developments that could bring another strong uptrend in market price. It remains to be seen how the Bitcoin price will develop on which the rest of the crypto currency market depends.