We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.)
Trading Range Entries/Exits:
Lowest Red Range = TP1
Highest Red Range = TP2
Lowest Green Range = Accumulate in/above.
Priceline of IOTA USD cryptocurrency has formed a bullish BAT and entered in potential reversal zone even giving a spike beyond the PRZ area and touching the lower band of bollinger bands 1st time since after April 2019.
Stochastic entered in oversold 1st time since after Feb 2019.
I am expecting the next candle stick will be closed sideways or within the PRZ area...
The IOTUSD was moving within a descending triangle and left the triangle without breakout or breakdown.
Since july 2017 the price action has found a strong support of $0.2051 and this support is not broken sofar.
The bollinger bands is extreme squeeze which is an indication of a massive move up or down soon.
MACD gave weak bull signals since sep 2018 and now it...
Are you ready to make money guys ? ;-)
Don't forget the position sizing !
NB : I share informations in a neutral way, I don't offer any investment advice on specific currencies, or initial offers, and does not encourage anyone to enter what may appear to be investment advice, and then completely disclaims any liability for any investment...
I hope you all are watching IOSTUSDT
my previous chart Click Me
It's in green zone you can Buy IOSTUSDT here
BTC is sideways for now so ALTS will Pump.
buy zone is in the chart
target is 0.50$
#ATLS #BITCOIN #ALTSEASON #BITCOIN
many large cap coin pumped with btc stable and after binance maintainance
first buy zone : 0.36$ -0.37$ with stop loss $ 0.35% must
second buy zone : 0.33$ -0.34$ with stop loss $ 0.31% must in very worst scenario (manipulation).
Target Both : $.50 usd
Time : 15 - 25 days
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IOTA might be ready to make a run for it here with volume showing up past few days
We would need for it to closed above resistance and retest it as support before entering
Only then can we target local highs, which is a strong possibility if BTC starts to pullback and money flows into alts
After the pump caused by the news of IOTA's partnership with Jaguar Land Rover, it had since then fully retraced and fallen back down. This is highly bearish as it shows a lack of follow through and continuation from the bulls. IOTA/BTC pairing is currently showing a very decent risk to reward for bears as a breach of the recent low, which is also the all time...
Iota is slowly grinding to touch the daily 200 ema.It has been consolidating for a long time and is ready to burst.Once it breakes 0.42 it is free to move upwards.
But the rsi is also in shallow waters so be carefull- It might drop further.
Buy now with a SL at 0.28$