A second Chance to Buy in IOTAUSDMidterm forecast:
0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.4015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4015).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 15 BUY trade(s) @ 0.3196 based on 'Valley' entry method at 2019.04.29.
Total Profit: 19315 pip
Closed trade(s): 4366 pip Profit
Open trade(s): 14949 149pip Profit
Closed Profit:
TP1 @ 0.3340 touched at 2019.05.13 with 144 pip Profit.
TP2 @ 0.4015 touched at 2019.05.15 with 819 pip Profit.
TP3 @ 0.4535 touched at 2019.05.16 with 1339 pip Profit.
TP4 @ 0.5260 touched at 2019.05.29 with 2064 pip Profit.
144 + 819 + 1339 + 2064 = 4366
Open Profit:
Profit for one trade is 0.4555 (current price) - 0.3196 (open price) = 1359 pip
11 trade(s) still open, therefore total profit for open trade(s) is 1359 x 11 = 14949 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
IOTA
A trading opportunity to buy in IOTABTCTechnical analysis:
. Miota/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004600 to 0.00004025). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004600)
Ending of entry zone (0.00004025)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00005410
TP2= @ 0.00006260
TP3= @ 0.00007060
TP4= @ 0.00008020
TP5= @ 0.00008540
TP6= @ 0.00009490
TP7= @ 0.00012870
TP8= @ 0.00018330
TP9= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. MIOTA/BITCOIN 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 53.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00005010 to 0.00004200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00005010)
Ending of entry zone (0.00004200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00006260
TP2= @ 0.00007060
TP3= @ 0.00008020
TP4= @ 0.00008540
TP5= @ 0.00009580
TP6= @ 0.00012900
TP7= @ 0.00015600
TP8= @ 0.00018290
TP9= Free
IOTA / USD Price Analysis: Free Fall AvertedIOTA / USD Short-term price analysis
In the short-term, IOTA has a bearish trading bias with the cryptocurrency trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing a large head and shoulders pattern, with the IOTA / USD pair recently staging a strong recovery from the neckline of the bearish pattern.
Technical indicators are still turning higher on the four-hour time frame and continue to signal further near-term gains.
Pattern Watch
Traders should note the IOTA / USD pair could fall to a new all-time trading low if the bearish head and shoulders pattern on the four-hour time frame is triggered.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish, although it is now approaching overbought conditions.
MACD Indicator
The MACD indicator on the four-hour time frame has turned bullish and is issuing a strong buy signal.
Fundamental Analysis
IOTA surged after the announcement that Jaguar Land Rover, Britain’s largest auto manufacturer, is testing software that will allow drivers to share their vehicle data in exchange for IOTA.
IOTA / USD Medium-term price analysis
IOTA has a neutral medium-term trading outlook, with the cryptocurrency testing back towards its trend-defining 200-day moving average.
The daily time frame shows that the bullish inverted head and shoulders pattern has been invalidated by the recent decline. The daily chart is also showing that the IOTA / USD pair has now moved back into range bound trading conditions.
Technical indicators on the daily time frame are attempting to recover following the recent heavy sell-off.
IOTA / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the next direction breakout will take place once the IOTA / USD pair breaks out from the horizontal price chart on the daily time frame.
Relative Strength Index
The RSI indicator is attempting recovery above neutral following the recent bearish sell-off.
MACD Indicator
The MACD indicator on the daily time frame is neutral, although bullish pressures are building as the recovery gathers pace.
Fundamental Analysis
IOTA has been around since 2015 and is still trying to offer something viable to the market. The medium-term prospects for the project will depend on its ability to go beyond pilots and find partners that will start to use its platform.
Conclusion
The balance of risk has now shifted to the downside for the IOTA / USD in the short-term, with the buyers now needing to negate the bearish pattern on the four-hour time frame.
The medium outlook for the cryptocurrency is less certain until a confirmed technical breakout has occurred from the horizontal price channel that has been in play since the start of the year.
A trading opportunity to buy in IOTAETHTechnical analysis:
. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 19.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00160 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00160)
Ending of entry zone (0.00150)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00176600
TP2= @ 0.00186000
TP3= @ 0.00200700
TP4= @ 0.00231500
TP5= @ 0.00245000
TP6= @ 0.00257000
TP7= @ 0.00282500
TP8= @ 0.00305800
TP9= @ 0.00335000
TP10= @ 0.00365000
TP11= Free
A second Chance to Buy in IOTAETH ...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 48.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.002331). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.002331).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.
Total Profit: 617865 pip
Closed trade(s): 263840 Profit
Open trade(s): 354025 Profit
Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit.
8368 + 25368 + 52368 + 67368 + 110368 = 263840
Open Profit:
Profit for one trade is 0.00248437 (current price) - 0.00177632 (open price) = 70805 pip
5 trade(s) still open, therefore total profit for open trade(s) is 70805 x 5 = 354025 pip
All SLs moved to Break-even point.
Take Profit:
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
A second Chance to Buy in IOTAETH ...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is above the 21-Day WEMA which acts as a dynamic support.
. Relative strength index (RSI) is 56.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.0023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.0023).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 10 BUY trade(s) @ 0.00177632 based on 'Valley' entry method at 08.17.2018.
Total Profit: 612680 pip
Closed trade(s): 263840 Profit
Open trade(s): 348840 Profit
Closed Profit:
TP1 @ 0.00186 touched at 08.19.2018 with 8368 Profit.
TP2 @ 0.00203 touched at 08.26.2018 with 25368 Profit.
TP3 @ 0.00230 touched at 08.27.2018 with 52368 Profit.
TP4 @ 0.00245 touched at 08.28.2018 with 67368 Profit.
TP5 @ 0.00288 touched at 09.09.2018 with 110368 Profit.
8368 + 25368 + 52368 + 67368 + 110368 = 263840
Open Profit:
Profit for one trade is 0.00247400 (current price) - 0.00177632 (open price) = 69768 pip
5 trade(s) still open, therefore total profit for open trade(s) is 69768 x 5 = 348840 pip
All SLs moved to Break-even point.
Take Profit:
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. MIOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000750 to 0.0000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000750)
Ending of entry zone (0.0000600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00009360
TP2= @ 0.00011400
TP3= @ 0.00013100
TP4= @ 0.00014310
TP5= @ 0.00016640
TP6= @ 0.00018980
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000085 to 0.000067). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000085)
Ending of entry zone (0.000067)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00011040
TP2= @ 0.00013100
TP3= @ 0.00014310
TP4= @ 0.00016640
TP5= @ 0.00018980
TP6= @ 0.00023670
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
There is a possibility of the beginning an uptrend in IOTABTCTechnical analysis:
. IOTA/BITCOIN 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 52.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000096 to 0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000096)
Ending of entry zone (0.000082)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00011100
TP2= @ 0.00013100
TP3= @ 0.00014200
TP4= @ 0.00016400
TP5= @ 0.00018600
TP6= @ 0.00020400
TP7= @ 0.00023500
TP8= @ 0.00028200
TP9= @ 0.00034000
TP10= Free
There is a possibility of the beginning an uptrend in IOTAETHTechnical analysis:
. IOTA/Ethereum 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 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00164 to 0.00131). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00164)
Ending of entry zone (0.00131)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00186
TP2= @ 0.00203
TP3= @ 0.00230
TP4= @ 0.00245
TP5= @ 0.00288
TP6= 0.00335
TP7= 0.00430
TP8= 0.00570
TP9= 0.00744
TP10= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000117 to 0.000089). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000117)
Ending of entry zone (0.000089)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000155
TP2= @ 0.000186
TP3= @ 0.000204
TP4= @ 0.000247
TP5= @ 0.000290
TP6= @ 0.000334
TP7= @ 0.000474
TP8= Free
There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the resistance zone (0.96 to 0.70), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.96)
Ending of entry zone (0.70)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.16
TP2= @ 1.33
TP3= @ 1.62
TP4= @ 2.04
TP5= @ 2.60
TP6= @ 3.10
TP7= @ 3.92
TP8= @ 4.75
TP9= @ 5.80
TP10= Free
There is an opportunity to buy in IOTAETHTechnical analysis:
. IOTA/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00206 to 0.00175). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00206)
Ending of entry zone (0.00175)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00230
TP2= @ 0.00245
TP3= @ 0.00280
TP4= @ 0.00340
TP5= @ 0.00430
TP6= @ 0.00570
TP7= @ 0.00740
TP8= @ 0.01340
TP9= Free
A trading opportunity to buy in IOTUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.96 to 0.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.96)
Ending of entry zone (0.70)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.16
TP2= @ 1.33
TP3= @ 1.62
TP4= @ 2.04
TP5= @ 2.60
TP6= @ 3.10
TP7= @ 3.92
TP8= @ 4.75
TP9= @ 5.80
TP10= Free
There is possibility for the beginning of uptrend in IOTETHTechnical analysis:
. IOTA/ETHEREUM is in range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0018 to 0.0015). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0018)
. Ending of entry zone (0.0015)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0023
TP2= @ 0.0028
TP3= @ 0.0034
TP4= @ 0.0043
TP5= @ 0.0057
TP6= @ 0.0074
TP7= @ 0.0134
TP8= Free