IOTAUSDT trade ideas
IOTA SHORT TERMThat's a simple idea for IOTA.
The markets seem digested the recent volatility and now is ready for a new cicle,
My idea is based on gann, time cycle and fibo.
KEEP YOUR EYE ON IOTA (IOTA/USDT)!Hey everyone, hope all is well.
Please note, this prediction could still go either way. If Bitcoin decides to collapse, so does this coin - so trade with caution.
Best of luck!
Love, peace, Seb.
IOTA Sell a break.IOTAUSDT - Intraday - We look to Sell a break of 1.084 (stop at 1.144)
Price action has formed a bearish ending wedge formation.
Daily signals are mildly bearish.
Trend line resistance is located at 1.200.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Our profit targets will be 0.931 and 0.888
Resistance: 1.140 / 1.220 / 1.300
Support: 1.050 / 0.980 / 0.920
IOTA formed big Cypher for powerful bullish reversal rallyHey dear patrons, hope you are well, and welcome to the new update on IOTA (MIOTA) coin.
The previous bullish Cypher move of IOTA produced very big bullish rally:
Now this time on the weekly time frame chart, the price action of IOTA has formed another bullish Cypher pattern. After entering the buying zone the priceline has moved above the potential reversal zone area but it may give us another chance to catch it from this buying zone. I am expecting a big bullish reversal move from this Cypher pattern.
Buy and sell targets:
Buy between: $0.8888 to $0.5214
Sell between: $1.17 to $1.87
Stop loss:
The maximum extent of potential reversal zone $0.5214 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 250%, and the big loss possibility is 41%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
IOTA/USDT Binance (hr) Doward pressure from BTC. I see the price action testing around 90-72 CENTS. Possible head and shoulders pattern. Not financial advice. DYOR.
IOTA patternExpect just a small move to 0.99-1.1 and jump to the resistance at 1.8
Enter 0.99-1.1
SL 0.88
TP1 1.66
TP2 1.8
Good Luck!
IOTA/BTC - higher low & V shape recovery?Everywhere is blood on the streets, but it seems like it cannot get worse than that. We have a strong bullish hidden divergence playing out with a higher low while RSI is at 34 for yesterday. MACD could converge from here again. There is a high chance that we do climb up from here without seeing these lows again. The question is how quickly we can reach our previous high again.
Aiming to reach the 3600 Sats mark (Mid Band BB) again.
IOTA - RSI low, extreme fear offers opportunityThe FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high.
We broke a critical support at 1.70 and from there it was a free fall to the current support at around 0.68 and currently we are trading at 0.76. The crypto market is ruthless and we might see another leg down, but I also see a great recovery coming as history has it proven to us many times. It is interesting that less volume has moved the price much more down then it did beginning of Feb on the way up.
One thing has not changed at all during this sell-off - the technology.
This is no financial advice.
Happy trading!
IOTAUSDTSome of the levels i am watching for given that we are oversold on most of the coins and we should expect some bounces here.
MIOTA IOTAUSDT going longIOTA is breaking out after retesting the 50D EMA three times in a month. As long as it reminds above the 100D EMA it's a healthy buy set up.
Exit target can be set anywhere to 100% gain.
IOTA/USDT Binance (2hrs) Bouncing off support. Tomorrow I feel like IOTA starts making some surges and quick pull backs to support depending on BTC movement. Keeps reaching previous volatile levels in an uptrend. Lets see what bitcoin does through this nigh. Not financial advice. DYOR
IOTA - Can it hit $4?Accumulation period is almost over, summer is looking very good for altcoins. Not just IOTA but other coins are starting to show hints of a breakout upwards.
IOTAUSDT WE take off sone after exit the falling widgeIOATUSDT will be in the up trend movment soon with the road map on the grean target and date .
best of luck
