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...
On the daytime timeframe, we're moving in an upward channel.
On the 4h on the rollback, I think you can buy.
The first target is the center of the ascending channel.
The key level is holding.
You can buy from the current one. There was a retreat from the lower edge of the channel.
on a weekly timeframe you can see the strength of this key level.
H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1,...
H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located...
H4
The price is trading above the Ichimoku cloud, indicating an uptrend.
RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold.
H1
The price is gradually falling, moving under the Ichimoku cloud....
Good afternoon, colleagues! To everyone who holds this coin in their portfolio or trades - a very interesting picture emerged from its analysis. Now we have come to a very strong level of resistance, which is also the middle boundary of the channel. Most likely it will not be pierced right away. And expect a small pullback for refueling.
Support Levels (locally)...
Priceline of IOTA / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2673 to 0.2631
Sell between: 0.2772 to 0.2921
Regards,
Atif Akbar (moon333)
Priceline of IOTA / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2505 to 0.2454
Sell between: 0.2615 to 0.2786
Regards,
Atif Akbar (moon333)
Priceline of IOTA / US Dollar is moving within a bullish pennant.
Now the price action has hit the support of pennant and bollinger bands and also 100 SMA support.
Volume profile of complete pennant is showing less interest of traders here.
200 SMA has crossed down the priceline to lift the candles up.
MACD turning bullish.
I have defined targets using...
Priceline of IOTA / US Dollar has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2695 to 0.2682
Sell between: 0.2705 to 0.2730
Regards,
Atif Akbar (moon333)
Priceline of IOTA / Tether US , US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at the PRZ level.
MACD is strong bearish and...
Priceline of MIOTA / Tether US is forming bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for...
Timeframe: 240M
Main Scenario: IOTA has lost -4.17% and has bounced in the Pivot S1 in this 4-H chart, the price is forming a descending triangle that probably will break down in the Pivot S1 but the indicators are now showing oversold levels that could possibly call the buyers back and try to test the upper line of the triangle, so here we have to be aware of...
