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IOTA / TetherUS PERPETUAL CONTRACT

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IOTAUSDT.P trade ideas

IOTA formed big Cypher for powerful bullish reversal rallyHey dear patrons, hope you are well, and welcome to the new update on IOTA (MIOTA) coin. The previous bullish Cypher move of IOTA produced very big bullish rally: Now this time on the weekly time frame chart, the price action of IOTA has formed another bullish Cypher pattern. After entering the buying zone the priceline has moved above the potential reversal zone area but it may give us another chance to catch it from this buying zone. I am expecting a big bullish reversal move from this Cypher pattern. Buy and sell targets: Buy between: $0.8888 to $0.5214 Sell between: $1.17 to $1.87 Stop loss: The maximum extent of potential reversal zone $0.5214 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 250%, and the big loss possibility is 41%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
1
IOTA/BTC - higher low & V shape recovery?Everywhere is blood on the streets, but it seems like it cannot get worse than that. We have a strong bullish hidden divergence playing out with a higher low while RSI is at 34 for yesterday. MACD could converge from here again. There is a high chance that we do climb up from here without seeing these lows again. The question is how quickly we can reach our previous high again. Aiming to reach the 3600 Sats mark (Mid Band BB) again.
Long
by UnknownUnicorn3707027
IOTA - RSI low, extreme fear offers opportunityThe FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high. We broke a critical support at 1.70 and from there it was a free fall to the current support at around 0.68 and currently we are trading at 0.76. The crypto market is ruthless and we might see another leg down, but I also see a great recovery coming as history has it proven to us many times. It is interesting that less volume has moved the price much more down then it did beginning of Feb on the way up. One thing has not changed at all during this sell-off - the technology. This is no financial advice. Happy trading!
Long
by UnknownUnicorn3707027
IOTA - The sleeping giantIOTA has a very healthy performance compared to other cryptocurrencies. Although the exponential growth is still missing here, the coin is developing slowly and steadily upwards. IOTA has a stable trend channel that withstands even major corrections in the crypto market. Apart from the technical analysis, the IOTA project has a promising fundamental basis due to the many partnerships with large companies. Of all the cryptocurrencies, IOTA is one of my favourite coins. Definitely long!
Long
by aktienimpuls
Is IOTA going for new ATH ???Hello everyone ! Historically, in 2017 bull run, IOTA's All Time High achieved and it is 5.69 . Now, IOTA movements belong to a symmetrical triangle with blue lines. Resistance levels are given with fibonacci and support levels are the trend lines. Orange one comes from January and I am attaching the bigger picture.If alts are rising then this can be the bottom for IOTA. Make sure to control your risks and not be greedy while trading. Any of these are financial advice. Have a good one!
by ekarasil