IOTUSD Falling Wedge Up To ~ 0.24$?!IOTUSD Falling Wedge Up To ~ 0.24$?! Hopefully we bottom @0.21$ and go up to ~ 0.24$... symmetrical triangle breakout to 0.21$ successful...
IOTUSD trade ideas
IOT USD SELL (IOTA - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
IOTA: Analysis using Ichimoku 13/06/2020H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome.
Conclusion:
We recommend buying IOTA now because most indicators indicate the end of the price decline.
Good luck!
IOTUSD Breakout To The Downside... IOTUSD Breakout To The Downside... Target: ~ 0.21$. Maybe just another fakeout?! No big bearish volume yet.
Watch out for the fallTrending analysis about iota forecast
Do you thing that we are going to break the resistance,or we will have another break down??
Don’t forget the market is depending on BTC prices as always,so do not confused if IOTA community,publish any news and we witness a price jump.
Comment below what do you thing.🙏🙏
Thank you
Our direction for IOTA is amazing to 100% profitFrom yesterday Bitcoin failed (expectancy mentioned in video), we gave our better entry to IOTA which is showing performance with IOTAUSD and IOTABTC. From yesterday crash, IOTA sellers did last retracement from only H4 timeframe, which was faile (expectancy mentioned in video).
At the moment IOTAUSD is headed to break supply level and continue to our expected targets which are;
T1: 32 cents
T2: 40 cents
T3: 45 cents (100% expectancy)
Do not forget what's going on in-between targets also. For more details, watch the video below
Follow us for fresh updates on tradingview
Elitefxacademy
IOTA: Analysis using Ichimoku 08/06/2020H4
The price is trading above the Ichimoku cloud, indicating an uptrend.
RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold.
H1
The price is gradually falling, moving under the Ichimoku cloud. Visually there is a correction within model of a wedge.
RSI new lows at the oversold level, keeping the price above 0.2.
Conclusion:
We recommend buying from a key Fibonacci level of 23.6% and when the RSI level is oversold.
Good luck!
IOTUSD About To Break Out Of 1 Year Downtrend?!IOTUSD About To Break Out Of 1 Year Downtrend?! OR will we get rejected AGAIN?!
Don't miss the great buy opportunity in IOTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537
SL= Break below S2
Don't miss the great buy opportunity in IOTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537
SL= Break below S2
The next targetSupport tested successfully. The next target is shown on the chart.
We are slowly moving towards the long-term goal which you can see at the link below.
IOTUSD Breakout To The Upside! IOTUSD Breakout To The Upside! Retested previous resistance trendline and now testing @0.21$. Target: ~ 0.24$.
