IOTXUSDT trade ideas
#IOTX | #Usdt#IOTX
At the request of one of you, we analyzed this currency.🍻
The price is in a triangle in the four-hour time frame. If the dynamic resistance is broken, the price can go up to the green dashed line, and if the first four-hour support is broken, the price will rise to the second four-hour support can go down
IOTX accumulation phase one of the pairs that didnt move in crypto rally is IOTX , it been in nice accumulation almost 290 days
Pattern: falling wage
status : accumulation
RSI: above 50
open intrest : slowly pick up
targets
TP1 : 0.05-.0.053$
TP 2 : 0.058-0.06$
stope loss :
any daily canlde close below 0.028 its step out form the trade
IOTXUSDTAfter a double top and small bearish divergence we can see some support @ ~ 0.0285. If that supply zone won’t held again we can see some more downside to ~ 0.02540 and ~0.024. For now, the S&R breakout is testing the support and it will depend on the coming market structure and economics is this one will hold or not.
4H ALGROTMIC TRADING CONFIRMATION SHOWS A BREAKOUT FOR IOTXThis is the final update we will share regarding IOTX until there is a significant change in its price action. We have included additional updates about our expectations for IOTX and our current view. As we have done in the past with OCEAN, when it was around $0.14, and further updates when it reached $0.17. You can view the chart on the following link:
All of the previously mentioned targets for OCEAN have been confirmed.
According to our 4-hour range algorithmic trading, IOTX appears to have confirmation. There is a high probability that IOTX will break out short term.
$0.10 is an important short-term trend target. The current price is stable with low volume, but we anticipate this will change over time.
We have also observed similar signals in the 4-hour range before when IOTX broke out to higher price targets, from a similar starting price, as seen in the following example:
Please note that this is not a day trading update, but rather our primary view on IOTX and its potential for an unexpected breakout.
Our short-term target for IOTX is $0.10, with a middle-term target of reaching its all-time high, and a long-term target of $0.41 in 2023.
IOTX Could Enter Top 40 RANK OF COINS 2023 🌠$0,10 FIRST TARGETIOTX is currently ranked 117th on CoinMarketCap, and depending on our study, it could rise to the top 40 . The Internet of Things is a major trend that is set to revolutionize the world in the same way as Artificial Intelligence. IOT can become with time very important, and IOTX plays a big role in its development.
TA technical analysis
We know IOTX as a coin that has unexpected increases as we saw before, and it's a coin that can go against the trend of BTC .
Last time, we observed a trend in IOTX that seems to indicate an increase. Technical analysis of IOTX is also suggesting further growth.
The Internet of Things can play a crucial role in the future, especially when combined with what IOTX is currently developing and will continue to develop in the future.
Expecting Targets
Depending on our algorithmic trading including the trend and volume study we expect that IOTX is able to break the coming time to $0,10 as an important target.
The big question and that's also the reason for this update, is whether IOTX going to show a huge increase that we did not see before since the last developments. and when we say higher increase we mean a NEW ATH?
We make our trading decisions based on the data and analysis we have done, and our analysis shows a high chance of success, we expect that IOTX may rank in the top 40 and reach a new all time high.
Right now, our focus is on reaching the $0.10 target, We have seen the full effects of 2017 and 2021 on coins, IOTX may be one of the coins that could show a significant increase in the coming time.
I hope you did enjoy reading this content, thank you for reading.
IOTX the Surprising Increase : Target Analysis in 2023 $0,41This update focuses on the expected targets for IOTX in 2023. We anticipate that there will be an increase in IOTX's value in the coming time, as seen in a recent trend analysis. With this update, we will be discussing the specific goals we expect IOTX to achieve based on our research and analysis. We believe that there will be a point in time when IOTX will experience significant growth.
See the blow chart for more TA views.
The top target that this update share is between $0,41 and $0,45 for 2023, and if there is a trend in autonomous vehicles for IOTX the price action can increase more.
2023 seems to be a digital year with tech trends. further, we expect also that OTX Could Enter the Top 40 RANK OF COINS 2023
This means that depending on this study that there is a good possibility IOTX could do 1300% increase in 2023
IOTX is like the AI, it was a time in sleeping modes, but it seems it's about to get up coming time.
MachineFi has the potential to revolutionize the future as the world becomes increasingly digital. We have already seen a shift towards digitalization in industries such as supermarkets and with the increasing number of IoT connections, more companies will follow suit. Self-driving cars are on the horizon and IoT will play a crucial role in making them a reality. AI also relies on IoT systems to function at their full potential. For this reason and other reasons, we expect that IOTX is the best coin for IoT in the cryptocurrency market.
IOTXusdt Close for ExplodeIotx is rdy for explode now EMA200 is resistance and need break this moving avrage. can break this we can see explode but little fix now or after break EMA200 u have chanse for enter
so dont rush
you should research
GL
EntryPoint:
0.02949
0.02691
0.02489
Supports:
0.02303
0.02181
0.01959
0.01760
Resistance: (EMA-200)
0.03135
Targets:
0.03601
0.04402
0.05860
Midtime:
0.08431
0.13395
HODL:
0.17051
0.24131
GL
IOTXUSDT - Long by Supertrend, ADX & MA 1/15/20231. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
3. MOVING AVERAGE INDICATOR:50
- Long trend when closes candle is above MA line.
- BUY/LONG: reject to Supertrend at current timeframe.
IOTX in a Downward channel - iotx is in a downward channel. It is at the top edge of the channel and ready to incline to bottom side of the channel.
Because of lack of volume and staying under 21 daily moving averages. it seems that it will visit the bottom side of the channel unless btc doesnt change its donwward movement in short term.
note: this is not a trading advice ,please make your own trading decisions by yourself.