IOTXUSDT trade ideas
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
–––––
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. :))
IOTXUSDT⚠️✅⚠️ Breakout Incoming, pay attention!💬 IoTeX (IOTX) looks like it is gearing up to break resistance. Let's analyze this bad boy of blockchain and Chainlink partnerships to see if the bulls can break on through or if the bears will end the glory here.
Hit that 👍 button to show support for the content!
Help the community grow by giving us a follow 🐣
-----
Support:
S1: The first support level is the S1 orderblock. Anything more than a quick wick down to here breaks our current bullish structure of higher lows. So even though there is support here, it should be viewed cautiously.
S2: The S2 S/R flip is a logical place to find support. The momentum of the current move would be lost here, but that doesn't mean this support can't or won't hold.
S3: If needed there is also the S3 orderblock range. Anything below this changes our overall bullish outlook on IOTX.
Resistance:
R1: The R1 orderblock at the previous swing high is our first point of resistance. We'll be looking for this to act as support once broken.
R2: The R2 high from the initial move up back in May is the last point of resistance. What the bulls will want to see is a move up to R2, support found at R1, and then a push higher through the Multi-timeframe resistance noted below.
Daily Multi-Timeframe:
There is a major price pivot point that is currently acting as resistance. It is the potential to break this and for the USDT pair to make new highs that has us excited. Let's go bulls!
BTC 4h Multi-Timeframe:
You can see that the current daily USDT range is also significant on the 4h for the BTC pair. While there is a rather large range here to consider, this chart illustrates what we are looking for. We want to see an ABC move above this resistance, with a retest of it, before moving higher.
-----
Summary:
This play is all about breaking resistance with the current momentum, so a retest of lower ranges is pretty far outside the scope of what we are looking for. We want to see a run now, do you think we'll get it?
Resources:
cryptobriefing.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
IOTXUSDTIOTXUSDT, the trend has been increasing and currently above the uptrend line.
1. It might continue to increase until the resistance line at 0.006 then break it above with an open-close candle, it is time to buy some or more.
2. It might start to decrease and pull the uptrend line back with an open-close candle. It is time to sell or you can also wait until the trend goes down and breaks the support line below with an open-close candle to sell.
-EngineeringRobo's signals work well!
IOTXUSDT [+50% LONG] 1W🚨TRADE SIGNAL🚨
IOTXUSDT: Binance
-Enter in the entry zone, on reversal
- SMA should retrace below the price
- at the end of a Bullish symmetrical Triangle
-ending a double-handled cup
✔️Entry Zone = 0.005110 - 0.004570
💵Take Profit A = 0.007070 +50%
🛑 Stop Loss = 0.003714 -6%
-----------------------------------------------------------------
Please 👍 if you agree.
Follow 🔔 if you want more.
*Trade at your own risk,
I am not a financial advisor
Join the discussion
IOTX/USDT - LONG - POTENTIAL 7%PAIR: IOTX / USDT
T/F: 1HR
LENGTH: SHORT
ENTRY: 5550
TP1: 5605
TP2: 5730
TP3: 5960
S/L: 5400
NOTES:
- Sitting on support
- Oversold on RSI Deviance
- Breakout to pullback
- Strong Uptrend
- Minimal resistance above
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile.
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
Binance Hot list coin July, 3rd 2020 : IOTXUSDT #1With this current structure of distribution stage, the price is now trending in the sideways moves with a forms of descending triangle and the volume is getting lower and lower overtime giving a sign of potential break out to the upside. Once we see any break out toward the blue resistance trend line (or the upper line of current descending triangle) with a significant volume, it's better to open any long position with the target on the interim body closes on swing high candle (white region).
