Potential rally upcoming for IOTA4 hour time frame, we clearly broke out from this falling wedge to the upside. Here is my high leverage position setup.
I will keep updating this setup unless we hit stop loss
IOTAUSDT.P trade ideas
IOTAUSD Wyckoff Accumulation Schematic $IOTAWyckoff accumulation schematic of IOTAUSD
Elliott wave projection
Bullish case
NFA, DYOR
IOTA LOOKING BULLISH! READY TO BROKE OUT AND FLY?IOTA has a strong resistance on daily timeframe from APRIL and a new resistance formed from SEP, however, smaller tfs on IOTA are turning bullish, looks like IOTA is getting ready to breakout of this month old resistance. The recent crash helped IOTA forming up the right shoulder.
- Inv H&S on 4hr timeframe.
- 200 EMA support is there just below the price candles on 4hr and daily tf, so less risky.
- Falling wedge on 4hr.
- Support is becoming stronger and resistance is getting weaker.
IOTA MASSIVE 1-MONTH BULL FLAG AND INVERSE H&S! GAINS COMING!Since the last run-up of IOTA in the starting of September it found a strong resistance and has been forming a massive bull flag pattern.
A bullish flag is a trend continuation pattern. Also, we have seen BTC breaking all the resistance and it's only 16% away from the previous all-time-high, if bulls manages to break the remaining resistance at $57k for Bitcoin alt-coins will go parabolic.
I am expecting IOTA to breakout of this massive bullish penant soon maybe in the next few days or hours, this is a great time to start buying IOTA at $1.29 - $1.1 area and keep accumulating it before a strong bullish move happens towards the resistance areas and my take profits at $1.47 - $1.74.
Iota Chart Analysis #iOTA USDT 1D Chart SIGNAL
⚠️ Risky Call. Because Of BTC Sentiment. Invest Small Ammount ⚠️
✅ Entry Here At Current Price 30%.
✅ Entry 2 Near At $1.35 With Another 80%
❌ Stop-Loss 1D Candle Closing Below $1.18
IOTAUSDT RR 1:4 TP 1.37 1.44 1.53IOTAUSDT
Entry price near 1.27
Stop loss 1.21 5%
TP 1.37 1.44 1.53
RR 1:4
IOTAUSDT 1D : READY TO TOUCH ATH Keep In Mind ❗
🟣 Purple structure -> Higher Timeframe Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Divergence on 2h timeframeWe have a Divergence here on different indicators on the 2h time frame
Also a trendchannel, with price rejecting at top of channel
I go short again
IOTA BREAKOUT - POINTS TO WATCH ATIOTA daily chart
Points you should watch at IOTA daily chart. IOTA is currently trying to breakout and i will long if it breaks 1.40 level.
Also an long on retest of 1.40 - 1.32 is very good if we get that retest!
Updates follow.
Another correctionIn this pair my indicators are all showing downwards, I go short here... Back to supportzone
iota foe breakouts targets for iota are clearly showing if btc could breaks out above 60K iota will perform heavily
Iota Bullish Signals
IOTA looks really good right now. Think this is the setup for it's run to $3.
Daily Cup and Handle
Broken out of handle falling wedge
Retest on Weekly OB and 0.38 fib level of last major move
Targets are;
T1 = $1.7
T2 = $2
T3 = $3
IOTAUSDT - Parabolic move coming.IOTA is coiling up for a huge breakout, on the daily timeframe market broke above the previous swing low forming a inverted head and shoulders formation. MACD is about to cut for bullish we now need to see a break and close above the neckline in confluence with the descending corrective trendline for the bulls to take control.
Why not buy IOTA for 100 % profitAs we see here the correction is at its end, if BTC lets, it will see 2.5 $ in next days. Buy for long by leverage 2 or 3 is full safe.
IOTA / USDT 4HIt has a good position for climbing.
I specified the entry point and the loss limit point.
Sometimes the risk is pleasant to enter.
But the least risky entry is after the failure of the first resistance.
Do not forget capital management and loss limit.
Good luck
🆓MIOTA (IOTA) Oct-5 #IOTA $IOTAIOTA is testing the 1.15$ zone and if it doesn't lose this zone it will bounce back to 1.3$ zone to conquer this zone before moving up to 1.5$ and 1.8$ zones in this October. But if it loses this 1.15$ zone, it will come back to 1$ zone or even lower
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.15$ zone
🔴Buy : 1.15
🔴Sell : 1.3 - 1.5 - 1.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.15$ zone
🔵Sell : 1.15
🔵Buy : 1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
TRADE CHALLENGE #3 IOTAEntered IOTA @ 1.3275 with targets market on the chart.
BTC looking Bullish and wants continuation should see ALT coins start to show strength.
No stop will monitor the chop and will exit the trade if it breaks back below the breakout resistance line. I have marked the potential stoploss line and if we start to trade around this line i will look for exit.
Trade Challenge Update.
Starting CAP = $300
Current CAP = $436.74
Profit = $123.17 (after fees)
The opportunity in IOTAThe opportunity in IOTA
The entry point is 1.19 -1.2$
First target 1.37$
second target 1.52$
third target 1.7$
IOTA/USDTIOTA
The IOTA/USD price seems to be bullish rather than bearish, especially in the medium term.
CAN IT HOLD ANOTHER RESISTANCE?
iotausdtiotausdt is moving in a descending channel and is at the support .probably can be a good buy here
NFA DYOR
