IOTXUSDT trade ideas
🆓IoTex (IOTX) Jun-01 #IOTX $IOTX
IOTX has a support zone at $0.038, if it doesn't lose this zone, it will continue to move towards $0.045, $0.55 or even $0.065 this June. The selling force in these areas is not too strong, so the important thing is that the buying force needs to be pushed in. If it loses the $0.038 zone, it will temporarily correct to the $0.032 and $0.026 zone to retest these areas, the future of IOTX is still very bright.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.038$ zone
🔴Buy : 0.038
🔴Sell : 0.045 - 0.055 - 0.065
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.038$ zone
🔵Sell : 0.038
🔵Buy : 0.032 - 0.026
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
IOTXUSDTPrevious support didn't hold
We're now @ the same level before the rally to ~0.28 started
on the 4H TF we still need to see an other market structure before we can see some upward movements. See the link to related ideas
BTFD
NFA
Overall market conditions don't look very good because of the stock market closed prices
IOTX/USDTgood level of support - .06210
Tested for the first time in February.
🔄 We are in a channel with a range of 75%, we have already touched the bottom twice, now we are very close to the third.
🤔Very similar to a triple bottom pattern, I am waiting for a bullish movement in the up channel to the zone 0.1-0.11
Buy: $0.063-0.066✅
Target 1: $0.10 (+55%) 🎯
Target 2: $0.12(+75%)🎯
Target 3: 0.15 (+122%)🎯
Stop Loss: $0.059🌚
💡Don't miss the great buy opportunity in IOTXUSD @iotex_io
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08711).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71
Take Profits:
TP1= @ 0.10152
TP2= @ 0.11208
TP3= @ 0.12098
TP4= @ 0.13187
TP5= @ 0.14484
SL= Break below S2
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💡Don't miss the great buy opportunity in IOTXUSD @iotex_io
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08711).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70
Take Profits:
TP1= @ 0.10152
TP2= @ 0.11208
TP3= @ 0.12098
TP4= @ 0.13187
TP5= @ 0.14484
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
IoTeX (IOTX) Buy ZoneIoTeX (IOTX) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Risk : Medium
Our short-term market structure has once again become bullish, IoTeX after the violent drop towards $0.0735 zone we saw less than 3 days ago and the even faster buy back immediately after it.
--------------------
$IOTX/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.0755 - 0.072
TP 1 : 0.078
TP 2 : 0.08
TP 3 : 0.083
TP 4 : 0.08575
TP 5 : 0.088
TP 6 : 0.0915
TP 7 : 0.09355
TP 8 : 0.0978
Stop Loss : 0.0698
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
$Iotex Coin Go To MoonHello....
The price is in the main support area and excellent for buying.
Be ready to receive excellent benefits from this symbol!
The price in the simultaneous divorce of Fibonacci 78, the pullback is broken by resistance and is on the trend line.
All conditions are ready for a price increase ....
STOP LOSS=
0.06
Entry Price = 0.07$ - 0.08$
Target 1= 0.114$
Target 2= 0.15$
Target 3= 0.24$
Target 4= 0.4$
IOTX fractal (long idea)this is a fractal that can potentially happen
it's not financial advice, it is never.
But it's a long that I personally am going to take, with a limit order around 0.071~0.073
doesn't mean you have to.
The idea is that the pattern from the box 1 repeats on box 2
could happen during asia session
let's wait and see
IOTXUSDT Analysis April 6, 2022We learned of this project back in August and September of 2021 and our AI Alert Group recently provided us with some amazing signals.
Let's take a look at the similar patterns since August of 2021. We've become fully Bullish again on IoTeX (Internet of Things), IOTX after the Daily Downtrend was broken. The three BUY signals started on Tuesday, March 22, 2022, and IOTX had a Lift-Off of the Downtrend Line at ($0.06500). The Weekly Uptrend Line is right around the corner. The Horizontal Line at ($0.1200) is our current place of Resistance where we will look to almost double our investment. We placed a 50% BUY with these BUY signals and a 20% BUY when the Downtrend was broken. We can take some profits at ($0.1200) and then blast off for 260% in the next couple weeks. Not Financial Advice...Trade with Confidence and Control.