stop loss 5% take profit 25% risk-reward ratio 5 just if it breaks out!
See how this week closes, maybe a bounce from trend line. Look for some bullish price action on the daily come Monday and buy buy buy!
After trading at parity with the USD, IOTA found itself back to the top 10 high liquid coins in the world. That also means volumes and with meaningful developments over the past few days and addition of Merali, the IoT facilitator could rise. Buy IOTA with targets at $1.45, $2.2 in the next couple of days with stops at $1.
I think IOTA was unique, its different, but make a move like others, go up. Good Luck
With fundamentals stronger than ever, the rise of Iota has begun. The pattern has been completed: While short lived, this just shows how many buyers are lurking. The general sentiment of the market is fearful and timid, often when its most profitable to enter a position. I believe this is wave 3 so this bull run will continue for quite some time.
Very simple, 1 first target : 4.97 2 target : 7.50 Take 100% profite like my previous analyse about LSK
Iota seems to be stabilizing and we can see a few different directions at this point. If you notice the RSI has leveled out and is not overbought nor oversold but rather stable in the middle. It's safe to say that we will continue steady in the direction of (2). Although there may be a change in direction at the end of the triangle (1) and we could start to see a...
The amount of novice trader panic buying at the all time high indicates a very strong resistance point at $5.5 as everyone is trapped there. A second resistance point is at $5.15 when we failed to break it on 12/6 and 12/8. A third resistance point is at $4.45 where we have successful passed and broke out on 12/7, but failed to breakout on 12/10. As of now we're...
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet...
There are a lot of good news on the coin, therefore the trend in long should justify itself even with the purchase and hold mode. The best price to buy back is 1.90$. But actually as we noticed the correction on the 2.3 mark did not happen serious, for this we expect a fall to about 1.9 $ Those who hold the currency in LONG can already buy at the rate of 2.15 and...
Reffering to the Elliott wave theory, we asume that now IOTA's crypto currency is in the phase of the ( C ) - wave of growth (it's time to sell at 1.90$ and buyback on rollback) at 1.45$ dollas USD
Referring to the Elliott wave theory, we assume that now IOTA's crypto currency is in the phase of the 4th wave of growth (it's time to buy on rollback).
do the research and love the coin!
IOTA is over-extended but we are bullish. Potential buy zone between August highs at $1.1 and $0.98. Sellers should aim at the lower limit of this buy zone at $0.98