IOTXBTC trade ideas
IOTX/BTC (Key Support @ 50 sat?)IOTX/BTC
-After hitting the 91 sat range, the price has now fallen over -38% its value
-If I'm looking for Buy swing point entry, Key areas are very important
-The level needs to be watching is the 50 sat range, why?
-Because is a confluence of multiple factors
-We have the previous support and resistance level
-200D MA as dynamic support and also the golden Fib ratio .618
-This will be a high probability Buy setup
-Provided the market (Bitcoin) condition will be in your favor
-Trade wisely, and please always have a concrete plan before execution
IOTX/BTCAnother attempt to break major resistance.
July 31, 2020
IoTeX IOTX
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July 2020
IoTeX IOTX
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$IOTX, Flipped ~64sats level into support...$IOTX
Flipped ~64sats level into support and its trying to gain traction again aiming for ~90/110/140 sats as targets
UCTS remaining bullish at HTFs after some accumulation over this level..
Aim for entry as low as possible and keep some alerts to see how it evolves!
#IOTX
IOTX/BTCStrong resistance worth keeping an eye on once it breaks. Upcoming project UCAM Launch on Amazon.
Iotx btcI do not take responsibility for your trades with this chart, just to clarify what I know Thank you ......
Hello guys in this chart ...
In this chart you will find an explanation of the most important support and strong resistance for 4 hours, you can refer to it in your next trades and take your path with it ....
IOTX looking BEARISH1. MACD histogram showing the bearish divergence.
2.Also the the candle are touching the weekly resistance level. They are going to retrace from there and going to test the daily support at 69. and it breaks 69 we may test 58 daily zone.
3.IOTX has to find a strong support in order to continue the upward trend.
4. Candles have reached the upper layer of Bollinger band, it also indicates the bearish or retracement from here.
5. Volume has also been exhausted which is an indication for bearish movement.
IOTXBTC - Extremely bullish 50%+IOTXBTC
Trade opportunity we've been waiting a month for
Entry: 72 sats
Target: 120 sats
Would net 50% Profit
IOTX trading idea. Hello, traders.
We are forming an ascending triangle on smaller time-frames on IOTX, but we are close to an important resistance level.
The ideal is that it breaks the resistance and pullback this new support. That's where we should buy more safely with a definite stop point.
But this asset is very bullish, let's keep an eye on it!
Best regards.
Sandro and Gustavo.
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IOTXBTC | Above 300D EMA [112%]BINANCE:IOTXBTC breaking above the 300D EMA, and also a symmetrical flag break out are the signs that the currency is likely to go higher. According to the previous levels, the coin is likely to give a 112% returns.
Thank you for reading, hope you have a good day!!!
IoTeX (IOTX) Prints Strong ConsolidationIoTex (IOTXBTC) is looking good.
After the recent bullish breakout, which took place in late May, we have a retrace with no strength.
No strength on the retrace is good for the bulls.
We are having strong consolidation and prices trading above EMA10 and all the major EMAs that are shown on this chart... What this means is that IOTXBTC can easily move up .
The RSI is ultra-strong and the MACD is showing a bullish cross... IOTXCBTC can easily resume its uptrend and continue to grow.
Conditions for change
If prices move below MA200 (0.00000044), this analysis is invalidated and a new one is needed.
Thanks a lot for your support.
Namaste.
IOTX DAY TRADE BREAKOUTIOTX has Breakout From a nice Triangle.. i am expecting a breakout move from it..targeting 75 SATS
IOTXBTC | Descending Triangle | Apex | Trade Setup Todays chart – IOTXBTC – testing resistance of the descending triangle formation as it nears the apex.
Points to consider:
- support and resistances converging (apex)
- Trend bearish (consecutive lower highs)
- Bullish Price action (testing resistance)
- Support confluence
- RSI above 50
- Low volume
IOTX has formed a mature descending triangle (typically considered a bearish formation) however price action is showing strength with multiple breakout attempts as it nears the apex.
Structural support and the 200 EMA being in confluence puts a strong emphasis on the level being a strong support zone.
RSI trading above 50 showing strength in the market supporting the bullish bias.
The volume is clearly declining, an indication that an influx is imminent coinciding with the probable breakout
Overall, in my opinion, IOTX needs to break and retest structural resistance with volume follow through for a valid long trade to structural resistance.
What are your thoughts? Let me know in the comments below!
Be sure to leave a like and follow me for daily chart updates.
As always, focus on you - and the money will too!
And the "Race" begins...IOTEX has been promising us a rally for a while, and bullish signs we're obvious...now it's ready!
Just BUY!
READ MY PREVIOUS REVIEW OF IOTEX...AND MAKE YOUR OWN CONCLUSIONS
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
