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IOTUSD

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
BITFINEX:IOTUSDLong
by ForecastCity_EU
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
BITFINEX:IOTUSDLong
by ForecastCity
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
BITFINEX:IOTUSDLong
by ForecastCity