we will see a historic breakout for IOTA ! If Bitcoin has a higher correction, the orange scenario will probably come true
BINANCE:IOTAUSDT 4H trend chart - IOTA has been consolidating and converging. Now, it is trying to take out the upper downtrend line, but we shall be aware of fake-out in 4H chart. If price can break out the downtrend line around here, trading strategy as below. - Profit Targets: a) 1.62----Blue horizontal ray a) 1.7664---Fib(1) b)...
We are probably watching a historic breakout for IOTA ! IOTA can hit it's first target within a few candles. Like if you Liked :)
Thes CRYPTO is best at current levels l... recovering from long correction on daily time frame...can go long for target 2.10 with SL 1.15
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.
#IOTA/USDT TA Update:- $IOTA currently trading at $1.34 If #IOTA breaks $1.60 then we can sew $IOTA Target $5 (240% ) Entry..? I am buying some $IOTA here and if break down Support 1 then next Wntry will be $0.8-$0.9 Targets:- $2/$2.5/$4/$5 Stop Loss:- Will update
Hi every One IOTA / TETHERUS IOTA has formed an ascending Triangle which has not done a Break out Yet! the Price can Increase as much as the Measured Price movement (AB=CD). there is also a Crab pattern visible on the chart as well ! This Crab pattern is also reliable since the EX Ret=1.618. Now It's time to Reach 2.20$ because The CD line of Crab pattern Ends...
IOTA clearly is showing strong bullish domination, because the price bounced off the support and broke above the downtrend trendline. It is likely that from today-tomorrow there will be a strong and fast rally, potentially taking the price up to 88.6% Fibs. Such a move equals 43.43% growth!
#IOTAUSD $IOTA is trading inside a triangle in weekly time frame, if price break down from support zone then the long erm ascending support will hold it. and if price success to break out from resistance zone and upper line of triangle, target can be around $2.6. also there is a cup and handle pattern in monthly time frame that can lead price to touch $4.
IOTA heading back to the top of this channel. Not financial advice, friendly advice innit.
Massive Cup and handle First tp : 13.9 Second tp : 31.1
With optimistic glasses on, you can view a double 'cup and handle' configuration for IOTA that could get us towards 3$.
The chart show us that correction ABC wave 2 is over and then continues to make impulsive wave 3 which is the longest wave. But if the chart going down to bellow 1.2047 that mean the wave 2 still continues. use 1.2045 level as stop loss.
IOTA MIOTA Ready to fly 2.0 , must follow Daily Channel , keep SL if breakout daily channel
Entry Date and Time: 22 October 2021 at 19:00 Entry Price: 1.3329
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