IOTAUSDT.P trade ideas
IOTA - the market remains ruthlessThe entire crypto-asset market is bleeding. We were looking for a bullish break-out to the upside with one condition to be met. The crypto market would have to remain bullish. Unfortunately, we have seen the opposite due to interest rate hikes, the banning of crypto in Russia and a potential new pandemic escalation leading to a strong sell-off. Not only in the crypto market, but across different asset types we are experiencing strong declines while tech is one of the hardest hit sectors.
From a technical perspective, we were rejected from the 200D MA. MACD is diverging again and facing the downside which is a bad sign. RSI shows us a hidden bullish divergence which is on the first sight good, but we have a lot more room to go down as oversold regions are much lower than at level 40. I assume a strong support at the 0.6 - 0.8 level and we could bounce quite nicely here. Also depends on how much longer the general market will remain bearish.
Time to BUIDL and forget about returns for a while.
Good luck with your trades! Do not consider this as financial advice.
IOTAwatching IOTA, entered this position based on good volume increase, RSI reversal and a strong support, if this holds my top TP target would be 1.45-1.6 range. TPs on the way up 1.24, 1,3. ive entered now and think it may have been rushed, however LTF bull div still looks good with price action for me to take the risk with a small % and tight SL
IOTAUSD (4H) Bearish reversalHi Traders
IOTAUSD (4H Timeframe)
Waiting for the downward break of 1.075 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 1.200 would cancel the bearish scenario.
Trade details
Entry: 1.075
Stop loss: 1.200
Take profit 1: 1.010
Take profit 2: 0.890
Score: 6
Strategy: Bearish reversal
IOTA BUllish CUP & HandleIOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem.
IOTAUSDT Analysis (LONGTERM)Hello friends.
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Everything on the chart.
Nothing has changed since my last analysis.
open pos: market and lower
target: 1.8 - 2.4 - 2.9
after first target reached move ur stop to breakeven
cancellation of growth, consolidation below 0.6
stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
IOTAUSDT Triangle Breakout SoonTriangle Breakout Retesting & Soon Rocket.
BuyZones:
0.95 (Week Support) 1.03 (Month Support) 1.18 (Day Support) 1.31 (Day Support Before Triangle Breakout)
Take Profits:
1.54 1.77 2 2.6 3 3.3
StopLoss:
0.90
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
IOTA hold above support#IOTA/USDT
$IOTA hold above ascending support that is the same with support zone around $1.
now it will increase to touch first resistance zone between $1.4 and $1.6 that had sideway moves and touched it for long time.
break out from this resistance zone will head it up to nest resistance levels and trend lines.
IOTA is on the edge to be BOUGHT 15/02/2021we can be optimistic now on this Crypto for Good as The Internet Of Things IOTA is on its initial stages and it will grow hugely.
it will be the future technology for a long time.
as of now
It has retraced to its 50% of its past rally and it seem to be on the very good place to capitalized on.
there are chances that it falls more even but yet we should be bullish on it
please notice the SL line and trade it resposibily
we have specified 2 TPs for it too
MIOTA IOTA Rejected But There Is Bullish Divergence On ChartsHi dear friends, hope you are well, and welcome to the new update on IOTA coin.
Rejection by the resistance of weekly triangle:
On the weekly time frame, IOTA is once again rejected by the resistance of a big symmetrical triangle.
Small triangle:
Priceline has formed a small triangle on the 4-hr time frame, and now it may retest the support of this triangle. But is IOTA breaks down this small triangle then it may test the support of a bigger triangle on the weekly time frame.
Bullish divergences:
There are different divergences that appeared on different time frames as below.
4-hr hidden divergence, as the priceline forming higher lows but RSI setting lower lows.
Daily bullish divergence, as the priceline forming lower high but RSI setting higher highs
Weekly bullish divergence, as the priceline forming lower high but RSI setting higher highs
Therefore, soon we can expect a big breakout and long-term rally.
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