I'm now looking for the 4th wave to complete on HTF support, which will then lead us into a very violent and explosive 5th wave. Look at Oct 2017 > December 2017 as an example.
The times/dates of price forecast are only for illustration purposes.
I believe this will be the 'minimum' target to chase within this Bull Market Cycle.
I'm long. Average re-entry of 0.65c.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0072). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTA / Binance Coin IOTABNB is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0072). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTA / Binance Coin IOTABNB is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as...
The study of Wyckoff Theory, along with market cycles, would suggest IOTA is being heavily accumulated within this range.
With a clear demand level of 0.20c and clear supply level of 0.40c. Anything sold above 40c is a win, and anything bought below 20c is a win.
Until we've breached the downwards channel resistance, and weekly range high resistance, we can...
💎Technical Analysis Summary💎
BINANCE: IOTABTC
-IOTA is trading on a downtrend channel
-It is approaching the key support area at the 2100s sat
-If we see a reversal or channel breakout
-That's a good entry point with proper stop loss location
-The upside potential is up to 2900s sat or higher
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Trading Involves...
BINANCE: IOTABTC
-Strong bounce at major support area around 2500 sat
-This zone is a confluence of golden Fib level and 200D MA
-If the daily candle closes back above the trendline support
-There is a chance IOTA to test the 3100 sat potential new resistance
-Still very high risk, Bitcoin should stabilize for Altcoins to recover faster
-Please exercise proper...
IOTA/BTC
-the is price back at the previous resistance zone
-and has the potential to flip new support
-it has also broken the downward trendline
-but there is a minor resistance at 2400s level
-I recommend buying only if we can break/close above 2400
-your target is the recent top at the 2700s or higher
-stop loss is placed under the 2300s
IOTA/BTC
IOTA is back from the previous swing low at 2200 sats area and currently forming a bullish descending channel.
IOTA must hold this support zone in the coming few days because if it does,
we will have higher chances of breaking to the upside provided the market also cool-down from uncertainty.
IOTA/USDT- Miota forecast
4H/ 1D - up and minor uptrend
Price move above support level --> positive situation
BUY around:
0.335 - 0.351
SELL target:
0.401
0.453
0.523
0.650
0.720
Stop loss:
Under 0.325
#TrungVuz
News: ~ The crypto market warm, minor upward.
IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed...
Technical analysis:
. MIOTA/BINANCECOIN 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 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.05300 to 0.04100). if so, traders can set orders based on Price...
