Keep eyes on iota, possible breakout from here Use low funds #dyor
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2663). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . IOTAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
- IOTA/USDT after a good rally, now at the top its forming Head & Shoulder pattern. - This kind of pattern is normally formed on the TOP of the market after a rally. - Wait for the Price Action when it touches the NeckLine of the pattern. - Breakdown with volume will confirm that the down move or correction started. Target for downside = Height of Head
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTUSD 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....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2255). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTUSD 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....
Technical analysis: . IOTA/DOLLAR 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 70. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and...
Technical 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action...
Midterm 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...
Technical 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...
Technical 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...
i had a 12% didnt thought this surprise bought it when it was 19k satoshis its now 25k satoshi
Follow up of my yesterday's 1 hour chart based analysis where a long bias was given at around 4. IOTA/USD CMP 4.80 Target 5.50 plus Right Wedge breakout observed with extremely high volumes. Signifies great momentum based bullish pattern. 5.50 is a conservative target. Can go further beyond 5.50 close to 7 plus if short term volatility is ignored.
IOTA/USD CMP 4.03 Target 5 plus 1) 30/200 ema crossover point. 2) price pierces past the trend resistance line with good volumes.
IOTA / USD CMP 1.91 Daily chart Bias : Long Rationale: 1) Price breaks upward trending resistance line with huge volumes. 2) Further complemented by penant breakout which resulted in the current spike. 3) Good one to go long with a target of 2.25 plus. 4) View not valid if price drops below 1.65.