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IOTAUSD trade ideas

IOTA/USD New ATH Dezember 2021!Hello boyz and girlz, If this pattern is confirmed we will see another bullish move by the end of the year. ATH between December 15 - December 31, 2021. Price target will be between 10-20 USD. Why? The previous two waves have an monthly cycle of 8 from points 0-2-4 at the lower limit and 1-3 at the upper limit. Point 5 could be Dezember 2021 at the upper limit. Ichimoku, Trendlines, Moving Averages and Candlestick-Behaviour show clearly that we are in a correction. Good Luck!
BINANCE:IOTAUSDLong
by Patrick1810
1
IOTA Good news and targetsIOTA has announced today the introduction of the Staking and SHIMMER network. It means that KSM and DOT will have a strong rival coming from Japan. I placed possible targets on $2 for the short term, then $3 and $4 depending on the development of their roadmap and achievements. Many people think that projects automatically will reach the previous ath because BTC, ETH, ADA, and other coins did that. But we need to see that they did it for obvious reasons. If there are no updates, the project gets too old and it will never reach the previous ath just because it was a good idea from the past. Appreciate the hard work and press like. Happy trading, Raf
BINANCE:IOTAUSDLong
by Cryptplosive
IOTA +60% RUN, OR DO WE GO FURTHER DOWN?Hello Cryptnonauts Let's take a look at IOTA! Recently we just saw IOTA Facing a new resistance Level between around 1.3275 and 1.3475. After a quick bounce away from that resistance, we are now looking forward to rechallenging this level. So, therefore, you might ask if you should go and buy a potential breakout or maybe short at the resistance? These are good questions, and I try to give you a few possible setups that might appear. Let's Take a look at the Bigger Picture first! On the 1 Hour chart, we see that we are in a significant trend facing the bottom side. So generally speaking, a movement further down might be more likely at this point. But a trend can break every time, so we are also looking at the potential longs. So let's go and cover a few potential scenarios. Scenario 1 (Short) down to the support level 1Hour Chart 5Min Chart At our Short scenario, we might move now a little bit more up until we either hit the resistance level or the red Trendline and push back from there down to our support level around 1.0400 So for potential entries, we would look at movements that are moving back to the downside from those levels. Scenario 2 (Short) down into a Sideways Market and a potential Trendline break In our second Short scenario, we are looking for a potential ending in a sideways market until we break the trend line for a bullish movement. We are looking at the same Setup as in our first Short scenario but with another target. Same Chart Setup for the Short position Facing the new build support? In this scenario, we are now looking at the new build support from the price bounce around 1.2000. That level might end up in new support since 1.2000 also is a pretty easy number to trade, and it might stick in traders' heads for potential long positions. That's why we might end up in a sideways market, which has a great potential to break the overall downtrend and end up in a bullish market. Scenario 3 (Long) Trend and Resistance level Breakout Once Again, we are looking basically at the same chart, but with two potential breakouts this time. We can either directly break entirely through the resistance and trend levels or, what I believe would be more likely, break through the first Trendline, turn the resistance into a support for a price correction and then continue to breakthrough. direct breakthrough Trend Breakthrough with a minor price correction to the past resistance that then acts as support before we entirely turn into a bullish trend. Those are the potential setups and movements I am looking into to make some trades. I hope I could give you some insights into my thoughts. Happy Trading
BITFINEX:IOTUSDLong
by qrDanielqr
4