GOOD Fundamental Surrounded $IOTX, GOOD Time to Jump In?This token only age few months but already got Binance attention and listed there. IOTX is the privacy-centric blockchain infrastructure for the Internet of Things (IoT). They has released their very own beta testnet on 8/30/2018.
Because of their background team and also their partnerships are pretty awesome.
By those factor we can judge the credibility, well a slight clue is better than nothing at all.
I'm looking for a candle above 218 sats to confirm that the trend on going and break the current low resistance.
Chart has bottomed so hard from 900 sats. All the way down. If this holding it up, will judge my short targets will reached around 260 sats and 329 sats. Well, it's not impossible. A certain pump might get this even 100%.
But i will never depend my money on bad speculation filled with emotional decision like that. RSI Level confidently going north, plus my entry indicator actually has showing it that good time to enter days ago but i need to be more convinced my self.
Trade safe!
Iotex
My $1k to $100k Challenge: Day 46 - Trade #48 IOTXHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Current streak of 5 profitable trades in a row.
After 45 days and 46 completed trades:
Wins: 21
Loss: 25
Balance: 0.1601 B
USD: $ 1121
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 47 trade #48
I invested 0.08 B into IOTX. I bought 40201 @ 199 satoshi
My Sell targets are:
T1: 210 5%
T2: 219 10%
T3: 230 15%
I will sell 33% at each target. After a target is hit, that will become my new SL.
SL: 184
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
IOTX 1h bullish setup Hello guys
As it did hold 596 I'm looking for a bull break of this 1h EQ.
imo this has a potential to break up, we'll have to wait for conformation.
If this breaks bearish, 596 is the support to watch after that the support is 550
If you want to be more risky you can enter and set a stop below 636, but I'll wait for conformation just to be on the safe side.
1st target 710
2nd target 760 range
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good luck and thank you for tuning in !!
tipjar: btc 1.77% 1.66% 17wEgVDCLGHjU7T9HRvaYdESopUeeDXJBY
IOTX/BTChello guys
This is a new coin on binance. (EXTREMELY RISK-FULL)
This is what I think can happen.
As this is a low timeframe things can go bad very fast so don't forget to manage you risk the most important aspect to become a pro trader.
If we can assume this was the 2nd wave down and we found support at the golden ratio we only can expect that the 3rd wave is in play.
MY target is around 1300 sats and stop is a little below 850 (you can choose)
R:R 10
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It doesn't cost you anything :)
good luck !!
DISCLAIMER:
The Legal stuff - I'm not financial adviser.