IOTAUSD trade ideas
IOTUSD Rising Wedge/Fakeout?!IOTUSD Rising Wedge/Fakeout?! Rising wedge forming... maybe just a symmetrical triangle fakeout. Let's see...
IOTUSD Symmetrical Triangle Up To 0.28$ Soon?!IOTUSD Symmetrical Triangle Up To 0.28$ Soon?! We successfully broke out of the smaller symmetrical triangle and are now testing the resistance line of the bigger one. Rejection @0.26$ (upper resistance) and down to 0.25$ possible.
IOTA living of BTC's weaknessBTC.D free fall and bounce of the ichi cloud helping IOTA live longer, but it is running on fumes. Racking up multiple bearish divergences on the 4H and Daily and testing multiple resistance while volume dropping. Retesting the bear flag that it broke out of in June. Another chance to unload if you got caught in this.
IOTA: Uptrend and How to Join ItThe price bounced from SMA200, and it was a possible buy signal based on the reversal. Now that long positions give profit. What's next?
It is possible to add more volume and open a new long position if the price breaks 0.2600 resistance.
It will be a good bullish signal as the market confirms the uptrend by a new swing high.
In order to get an additional signal that the price is going to move upward, it will be a good idea to wait for a retest of the broken resistance. If the price can stay about this level, which will act as new support, we will be able to buy using the reversal signal. This bullish signal will be more reliable than just the breakout.
Stop orders for all long positions should be placed below the local swing low and SMAs. The main profit target for buyers should be 0.3500 resistance. Risk per trade must be no more than 3-5% from the capital.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
IOTUSD Big Move Soon?! IOTUSD Big Move Soon?! We are retesting 0.24$ over and over again... green trendline holds support and volume is declining... keep an eye on it for a big move (up?)...
IOTUSD Bounce Off Previous Resistance Trendline (Red)...IOTUSD Bounce Off Previous Resistance Trendline (Red)... Up to 0.24$-0.25$ possible...
IOTUSD Double Top @0.24$?!IOTUSD Double Top @0.24$?! Possible double top 0.24$ (major resistance)... let's see if 0.23$-0.2325$ holds or if we go down lower (0.20$/0.21$)
IOTA/USD is going for a bigger move higher!The usual pattern I always looked at. THe break out from the triangle formation points to a much higher target. I would be long here but if you need greater confirmation, a break above 0.2545 can be something to watch out for! Or you can trade long when you see the golden cross happens, the EMA 55 is almost crossing above the EMA 200.
In addition, this break out is fresh as DMI + just cross above DMI-
IOTUSD @Critical 0.23$ - 0.2325$ Price Again...Rejection Again?!IOTUSD @Critical 0.23$ - 0.2325$ Price Again...Rejection Again?! Down to 0.21$ possible... MACD very overbought.
IOTA still under exponential decay, perfect short entryThat sorry coin is dying slowly, it dropped below its longterm support, climbed over it to drop below it again and was rejected on the retest. In technical terms this is a perfect short entry. And while other Alts achieved higher highs in this mini Alts season, IOTA only mustered a lower high. This week it is flirting with the ichi cloud most probably to be rejected.
To all IOTA scammers and cultists, the more you attack me ad hominen, the more i put up ideas on this shitcoin, exposing you.
IOTUSD Short-Term Down To 0.14$ - 0.15$?!IOTUSD Short-Term Down To 0.14$ - 0.15$?! Possible bottom @0.14$ - 0.15$ then downtrend break back up to 0.5$...
