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IOTXBTC trade ideas

IOTEX CRITICAL AREA!In my previous post, I shared that a cup and handle were forming. However, it failed to test the resistance at 80 sats. Nevertheless, if you look at my previous and today's analysis, it is a good thing that IOTEX is still above the trendline. Further, the RSI shows that it is now in an upward trend. Furthermore, IOTEX formed a higher low from its lows. Now, if IOTEX price holds above the trendline. It is probable that it will test again the 1st resistance at 62 sats. If it breaks that 1st resistance it will now retest the 2nd resistance line at 80 sats. However, if IOTEX fails to hold above the trendline, it is probable to test again the previous low at 42 sats. After that, it is possible to have a breakdown in the major support at 42 sats. Just don't forget to set your stop-loss to minimize the risk. HIt like and follow if you learn something! Happy Trading! Please do your own charting and research.
by JURISTSCapital
IOTEX preparing for a BULLISH CUP and HANDLE patternFirst, IOTEX had broken the resistance trendline. This is a good sign because the upward trend will soon start. Second, the Cup and Handle pattern is now forming. This pattern consists of a drop in the price and a rise back up to the original value, followed by a smaller drop and a rise past the previous peak. Based on the chart, there was a dropped in the price. The said increase back up to the original value is on the move retesting the 75-82 sats level. If the price hits the 75-82 sats. It will be followed by a smaller drop and next is the rise past the previous peak! If it breaks the first resistance line, it will now test the major resistance at 145 sats. However, if the rise past the previous peak didn't happen it will retest the previous low. Happy Trading! Please do your own charting and research.
Long
by JURISTSCapital
LONG - IOTX - Trading OpportunityA retest of support at 41 sats and we are expecting another visit to that level. Entry: 0.00000041 StopLoss: 0.00000038 TP 1: 0.00000049 TP 2: 0.00000057 TP 3: 0.00000069 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
Today`s ALT!!! IOTXBTCBINANCE:IOTXBTC Exchange : Binance Coin: IOTXBTC Buy Zone: 0.00000048 ~ 0.00000046 Target Point: 0.0000005 / 0.00000054/ 0.00000057/ 0.00000064/ 0.00000069 S/L: 0.00000045 Risk: HIGH Term: Middle - Short If you are Risktaker, you`ll like it It`s trying to break Symmetrical Triangle Sometimes it faliled to break Symmetrical Triangle before but it`ll be able to break it at this time ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
Long
by timbearr
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