IOTXUSDT trade ideas
🔥 IOTX/USDT Bullish Channel TradeAs seen on the chart, IOTX has been following this channel for almost a month now. At the moment, IOTX is facing a small bearish correction to the lower support line of the channel. If the price were to bounce from the support line yet again, it could be a potentially amazing buy in area for short term investors to trade the channel.
To trade this, wait for the price to enter the yellow marked area and wait for a big bullish candle. This marks the start for a bullish trend reversal.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
IOTXUSDT breakout! 🦐$IOTX.X breakout from weekly triangle and now the price is testing the previous resistance as new support. IF the price will have another breakout from weeikly resistance we can see another great bullish impulse
#IOTX/USDT - Potential 12.66% #SWING
#LONG
#IOTX/USDT - Potential 12.66%
Entry- 9811
TP1- 10501 (75%)
TP2- 11053 (25%)
SL- 9089
- Key Notes - BTC looking Bearish - If it breaks down it will collapse the trade - Weekend Trading = Higher Risk
- RR - 1.72
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
IOTEX/USDTPossible Double Bottom - Buy the breakout or retest of (GREEN LINE) resistance. NOT FINANCIAL ADVICE/DO YOUR OWN RESEARCH
IOTEX/USDTDouble Bottom / Buy the breakout or retest of resistant line (DO YOUR OWN RESEARCH/THIS IS NOT FINANCIAL ADVICE)
IOTXUSDT created an inverse head and shoulder 🦐IOTXUSDT created an inverse head and shoulder on weekly support, and now the price is testing daily resistance.
IF the price will break the resistance and flips into support According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
IOTXUSDT AnalysisSince there are 2 SELL signals present, I'm BEARISH .
And I don't think this is a good time to buy.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.011) for 1D to buy,
3- You can buy when candles touching the support line (0.0062).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
IOTX update.its doesnt look exiting for now. dubbel top happend before.
more downtrend wil come into liquidity area.
no uptrend for now.
iotx not a new coin so that slowed the uptrend down.
safe all
IOTXUSDT analysisBuy 1 and bull signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy at 0.0081
2. We can buy at support = 0.007usdt
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.011usdt
Since there is an existing sell2 signal, either sell 1 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
IOTXUSDTprices up almost %300 percent since a moon in mid may and with no hell signal plus recent support from a buy1+buy3 we could see continued upward movement and new all time highs but if we close below support we could see a retest of that uptrend line.
IOTXUSDT ANALYSISI have 4 positive signal it is above the support(horizontal now) line
If you cought with 50 ma cross 20 ma buy signal you got x5 profit
If you cought with Moon signal you got x4 profit
If you cought with Bull signal you got x2 profit at this chart that is why you should use EngineeringRobo
If you want to buy this coin it is ok to buy now but watch carefully EngineeringRobo signal
If you hold this coin don' t hurry to sell it watch EngineeringRobo' s sell signal
Finally and Unfortunately EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
If you want to use EngineeringRobo please dm me. Have a good trade
(2H) Binance, IOTXUSD, Ucam Amazonentry Around 0.00736 or lower,
TP 1: 0.007777,
TP2: 0.008662,
TP3: 0.011164
disclaimer:
-> this is not financial or trading advice
-> read the chart carefully and compare with other analysis
-> this analysis can 100% wrong, your action is your own risk
IOTXUSDT ANALYSISBased on my analysis, the candles are stuck between dashed line and the horizontal line(0.008227). In my opinion, the candles cross and pass the last horizontal line(0.008227) very soon. Therefore,
If you wanna a little risk, you will buy it now, or
you wait a few days and when you see the candles will open and close above the horizontal line, that time you may buy it.
Your choice, but if you ask me, I would prefer to wait until pass the line.
Besides, I prefer to look at EngineeringRobo's signals as well. :))
