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My $1k to $100k Challenge: Day 46 - Trade #48 IOTXHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. Current streak of 5 profitable trades in a row. After 45 days and 46 completed trades: Wins: 21 Loss: 25 Balance: 0.1601 B USD: $ 1121 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 47 trade #48 I invested 0.08 B into IOTX. I bought 40201 @ 199 satoshi My Sell targets are: T1: 210 5% T2: 219 10% T3: 230 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 184 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
Long
by redking75
7
My $1k to $100k Challenge - Day 41 Trade #44 - IOTXHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 40 days and 39 completed trades: Wins: 17 Loss: 23 Balance: 0.1453 B USD: $ 950 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 41 trade #44 I invested 0.07 B into IOTX. I bought 35175 @ 199 satoshi My Sell targets are: T1: 210 5% T2: 220 10% T3: 230 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 184 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
Long
by redking75
4
IOTX rejected at horizontal resistanceIOTX pushed below previous low around 0.00000481, closed and then returned to re-test the previous support, now acting as strong resistance. In a perfect manner, the price touched the horizontal resistance and immediately turned lower to create a shooting star - bearish candlestick pattern. We expect the price to rotate back lower and re-test recent low at 0.00000406, which represents a 127.2% extension. Furthermore, RSI is currently in the overbought territory and a move back lower is to be expected. A perfect scenario with this background would be break through 127.2% and move to 161.8% - key Fibonacci extension level, which sits at 0.00000312. If you are looking to buy IOTX and hold in the mid-term, our advise is to wait for this level to be tested before dipping into the market.
by WhaleAgents
(1/1 On Altcoin Calls) Calling a Target of 1000+ on $IOTX This analysis stems from my ability to predict value plays on smaller altcoins. Being the only real competitor to IOTA which is currently a flawed concept without a wallet. I believe Raullian and his team have a decent chance to build their coin cap from $50M -> $500M which is much more worth the reward at current price levels. This is pretty much a fundamental prediction, but you can see that the price will reach about 1000 on this obvious daily chart break out if volume continues.
Long
by ShitCointologist
1