IOTA, Cup and handle patternHello trading view community, should you like this analysis please support with likes and comments. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
IOTA has already made a cup pattern which is easily visible in monthly and weekly time frame.
In order to make the handle it needs to break up neckline, resistance zone ($2.10, in red) which also is its first target. It is a tough one since it is a monthly leevel.
In case IOTA can break up the aforementioned resistance level, it will surge to make the handle, then IOTA may reach up to ($20.65) which will be new and fruitful ATH.
This is personal idea and I am not a financial adviser.
IOTAUSDT.P trade ideas
IOTA - THE 1 usd GoalHello trading friends,
This is an update for IOTA - depending on the last trends IOTA still has interesting trends for the coming time, where it could break out to 1 USD + - same time BTC is the main coin that should stay into a positive trend or stable trend.
This expectation depends on the TA study that shows that IOTA is in a green trend.
We will see or this target will come out coming time.
Know that it can take time before targets could be hit. the markets going on their way.
Have a great day
@ this is not a trading call - manage always your risk
IOTA - Interesting depending on TA trend Hello trading friends,
This is a small view depending on TA trends for IOTA - it seems IOTA could have some power volume coming time if it holds the box level.
Same time 1 USD is an interesting trend where IOTA could close the box coming time.
We will follow and see what IOTA will show coming time.
It's a goal target with 20%+ expected to increase - but same time it can take some time, as long trends are into Green TA there is a chance for further increase.
Same time know its data trends and expect from price action - if there is unexpected trends it could go not to the target. - there is no 100% guarantee of trends in the crypto world.
Have a great time
@ this is not a trading call - trade only depending on your setups.
IOTA/USDT is at strong supportHELLO FRIENDS, here we can see IOTA/USDT in 1 week timeframe. And it is in dip having strong support at $0.632. if it holds and pull back we can see huge pump in IOTA soon. The targets is $1 means 50% profit.... Wait for some pull back and invest in IOTA. FOLLOW FOR MORE..
IOTA in triangle and next price targetIOTA is traded in a huge triangle since April 2021. The area between $0.78 – 0.69 is considered as a high demand zone.
Price may reach the bullish trend line, before the upward movement, but I doubt if it will fall and stay below $0.78.
At the time of writing this report, Iota is retesting $0.85 support – previous resistance level.
That’s a very good opportunity to open your long positions.
$1.00 is a very strong resistance level. It is a psychological level and it was tested successfully many times in the past either as support or resistance.
A small period of consolidation between $1.00 and $0.85 may occur.
A confirmation that Iota will reach previous and new highs will occur when we flip the $1.00 resistance.
To trade the triangle pattern place an alert or a stop loss below the bullish trendline and a take profit order between $3.00 – 3.50. That will give you a very high Risk/Reward ratio: 31.75+
I will keep my analysis updated to any significant changes.
IOTA/USDT Impulse to the upside.Following the move in the last 4hours we could be seeing a move higher on the horizon. An initial target would be between 0.90-0.92. Crypto markets have rebounded last week and a retest on the charts could be the likely scenario where IOTA goes to. I have been monitoring my position, lets see how the next 24 hours play out!
Thanks for viewing! This is not finanvial advice.
IOTAUSDT GLOBAL VISIONHello friends.
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Everything on the chart.
Nothing has changed from my last idea.
I am waiting for an upward movement from current price or through 0.8$, regardless of the local movement, the targets are the same.
Entry: market and lower
minimal target zone: 2.5-3$
Main target zone: 4-5$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth, consolidation below 0.6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
IOTA - Trending the boxHello trading friends,
This is a small view of IOTA.
IOTA is into the interesting zone - possibly coming time a price change into Long if BTC stays stable and increasing trend.
Further shows the out-of-box trend possibility for new scalp trading.
It's important that IOTA should hold the 0,69 with a time frame and confirmation to stay in the positive zone.
Further a breakout above the 1 USD + means a new price action, and out of the box.
Have a great day.
This is not a trading call and manages at all-time risk.
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IOTA - Potential Bullish Reversal!IOTA is approaching a strong support so we will be looking for buy setups.
on DAILY: IOTA is forming a symmetrical triangle in brown but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IOTA would be overall bearish can still trade lower till the green support zone where we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IOTA - Breakout of resistance IOTA breaks out of resistance with price making higher lows after a strong short-term accumulation (Accumulation1). I will wait for the price to retest resistance and bounce off from previous resistance becoming support before I go long. I will place my profit target at Accumulation2 where there seems to be strong selling pressure.
IOTA deviation out of range, or mark down into Summer'21 range?Background:
IOTA has spent much of its existence ranging from 2018-2021. There was an explosive markup in Q1'21 with consolidation/accumulation following. Since Sep.'21 until 20 Jan.'22 price has ranged roughly between $1.00 and $1.55. Only recently has price fallen below the range.
Strategy:
Look for signs of weakness or confirmed deviations at boundaries to determine if price is simply deviating below, suggesting a return back to ~$1.55, or if price is falling back into Summer'21 accumulation range. Buy/sell the boundaries accordingly.
Invalidations:
Strong breakout above $1.55 or below $0.69
$IOTA Weekly - Stuck inside a triangleIn a long term view, we have 2 well defined trendlines forming a triangle, that would represent gray wave 4 in my primary count.
Round value $1.00 is serving as a major support and resistance level. There are potential trade opportunities by timing the internal A-B-Cs, but they will get tighter and tighter and the triangle reaches its limit.
The count is invalidated if price breaks 0.4413 (gray wave 1).
IOTA - the market remains ruthlessThe entire crypto-asset market is bleeding. We were looking for a bullish break-out to the upside with one condition to be met. The crypto market would have to remain bullish. Unfortunately, we have seen the opposite due to interest rate hikes, the banning of crypto in Russia and a potential new pandemic escalation leading to a strong sell-off. Not only in the crypto market, but across different asset types we are experiencing strong declines while tech is one of the hardest hit sectors.
From a technical perspective, we were rejected from the 200D MA. MACD is diverging again and facing the downside which is a bad sign. RSI shows us a hidden bullish divergence which is on the first sight good, but we have a lot more room to go down as oversold regions are much lower than at level 40. I assume a strong support at the 0.6 - 0.8 level and we could bounce quite nicely here. Also depends on how much longer the general market will remain bearish.
Time to BUIDL and forget about returns for a while.
Good luck with your trades! Do not consider this as financial advice.