Been long for about two days just watching the dominance melt away. Even though the pattern is bearish, along with many other alts, I went long specifically because the dominance chart looked so bad after yesterdays candle close below channel support. That and it is almosat the end of this weeks candle. We did see the candle rule play out this week which is, if...
Waiting for : -1) Pullback to range and support line (orange line) -2) Breaking Out the Downtrend Line (yellow) Not a Financial Advice
Iota potential breakout of the falling pennant, 6:1 RR opportunity 200% gains to be had against BTC. See ETHBTC, potential rocket fuel from ETH Charts showing bullishness. Trade carefully if BTC starts pumping. Advised leverage 3x YOLO DYOR NFA
IOTABTC has probably bottomed out, at least locally. Over the time of 2-3 months it formed a double bottom pattern, which finds support in buy volume depicted by VFI divergence over that time span. So IOTA, even if dependent on BTC price (IOTUSD), has probably ended its downtrend in relation to the rest of the market.
Looks great to short at the top of a flag. Looks like Dom is wanting to turn around on this BTC bounce at the 7700 level. I though that it would at least get to the 7300 level before the reassessment was to be made. There is alot of strength behind the pop in the dominance however this givess me mixed emotions because when a weekly candle starts strong it must end...
$IOTA vs $BTC. Bearish divergence with RSI at daily chart.
Its gonna be a huge run up here in the coming hours. Didnt at all react the way the other alts did during this manipulation which means it has legs. Have fun out there. God Speed, Mr. Manbearpig
Buy in greenzone Sell if new low forms Take profit when you find a nice lambo
update on $IOTA, Continuation happening as volume flows in again, Currently about to hit ~3200 sats again(10% up since our re entry) next target at ~3400sats UCTS Buy signals across the board, our SL was never hit. #IOTA
MIOTA (IOTABTC) just broke a falling wedge on increasing volume. It is looking beautiful with strong bullish indicators and plenty of room available for growth. You can aim easily at 50-150% of profits in a matter of weeks... If the market continues going green. Daily chart with targets All the details are shared on the chart. Thanks a lot for reading. Namaste.
Trade is active when the price is above local top, and SMA 50. Profit zone is SMA 200. Good setup up. Good luck.
$IOTA Pushing against ~2400sats resistance level with decreasing volume on the 12H chart.. Willing to see what will follow from here (current candle looks bad), if it keeps pushing up then a posibility for a 1st trade with target at ~2650sats opens (~10%).. #IOTA
IOTABTC BEARISH SEASON IS ALMOST OVER
HUOBI:IOTABTC I believe it is good time to invest IOTA. Indicator name: MOST