hi guyZ 🖖🏽
...i think IOTABTC have a good support (green lines) and i'll buy on support with a tight SL (1D close below white line) and TP on redZ
but most important thing about this chart is OA ichi pattern (follow ichi cloud formation in last huge pump) and a nice trend on RSI
...so maybe we will see a nice move in coming days (like green wayZ)
plaese don't...
IOTA may have escaped a multi-year downtrend back in Februari 2021; since then it looks like it has been completing an inverse head and shoulder pattern, which may result in a major uptrend. With IOTA's smart contract network and decentralised staging network releasing in 90 days, this doesn’t seem to be too far fetched. Looking for a break above ~4000 sats as...
IOTA is certaintly looking beautiful for a trade from here against BTC. Seeing it outperform BTC in 2022 with alts.
Positions should be ready and taken from these lows, added confirmation when we break the high of the flag pattern.
The IOTABTC (MIOTA) pair continues strong while trading above EMA100 and EMA50, which tells us that the bulls are still in full control.
This is just a quick update/reminder, IOTABTC has potential for a strong jump anytime.
Patience is key.
Namaste.
Currently we have a volume breakout for MIOTA (IOTABTC) and prices moving above EMA50.
We have the potential here for a strong bullish wave to develop.
For me, this is an easy call.
This is not financial advice.
Additional details on the chart.
Namaste.
⏳ Spot
💎 IOTABTC after breaking above the descending triangle the price has retested and successfully got rejected from the support line. After breaking above the wedge pattern we need to wait for the pullback and when the bullish setup formed again we can enter a trade.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from...
I love the buy setup for IOTA against the USDT and against the BTC. This goes to show, that the massive uptrend is about to start. Although if the price will produce a new lower low, this setup will be invalidated.
MOITA (IOTABTC) is giving out an air of recovery but somehow I am not fully convinced.
We see prices moving above EMA10 and the recent MACD bullish cross but when we look closer, we have a lower low compared to the recent July and August support.
We also have a descending channel rather than a falling wedge.
It will surely recover, we are bullish long-term but...
Almost done accumulating at the bottom. Expecting a nice movement into May next year. 8-10k sats seems easy. the only question is: will BTC be 15k, 60k, 100k or 200k when we get there.
Once you are over invested, it is impossible to clearly see market condition - period.
Financial investing is simply psychological endeavour - period.
We are within the same range (red resistance and green support) since July 2019 - period.
Earlier pump of similar price movement resulted in a massive volume spike. This week isn't over yet, I doubt however we will...
Hello Friends
graph four-hour te viewed our bats Formation Boge ( Bullish Bat ) formation present
Volume momentum is coming from Processing Input too risky .risk manage my money is very important in this key process.
There are technical levels on the chart.
Tp1:0.00003200
Tp2:0.00003709
Tp3:0.00004185 trade
entry level :0.00002584 At the close of the 4-hour...
It will follow Coti as it also made inverse head and shoulders but this one made a cup and handle which most likely break the neckline to see a 2.2x might resist these marked zones
⏳ Spot
💎 IOTABTC has formed a triangle in the channel. It is also at the Support zone and I expect that we get a bounce at this zone. We might see a Bullish engulfing at this zone otherwise the price might go lower before it Heads up
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.00002945
☕️ TP1 0.00003115
🍺 TP2 0.00003250
🍻 TP3...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.0000307).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTABTC 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...
