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.
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Everything on the chart.
open pos: market
target: 2 - 2.4 - 2.9
after first target reached move ur stop to breakeven
stop: ~0.95(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
Good luck everyone!
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A cup and handle idea for IOTAUSD
Also threw in a nice little Adam and Eve pattern which has led to the formation of the handle
This structure is common among many altcoins I will be looking into more of these cup and handles on altcoins
This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
graph four-hour te viewed our bats Formation Boge ( Bullish Bat ) formation present
Volume momentum is coming from Processing Input too risky .risk manage my money is very important in this key process.
There are technical levels on the chart.
entry level :0.00002584 At the close of the 4-hour...
#iOTA USDT 1D Chart SIGNAL
⚠️ Risky Call. Because Of BTC Sentiment. Invest Small Ammount ⚠️
✅ Entry Here At Current Price 30%.
✅ Entry 2 Near At $1.35 With Another 80%
❌ Stop-Loss 1D Candle Closing Below $1.18
Let's take a look at IOTA! Recently we just saw IOTA Facing a new resistance Level between around 1.3275 and 1.3475. After a quick bounce away from that resistance, we are now looking forward to rechallenging this level.
So, therefore, you might ask if you should go and buy a potential breakout or maybe short at the resistance? These are good...
I'm now looking for the 4th wave to complete on HTF support, which will then lead us into a very violent and explosive 5th wave. Look at Oct 2017 > December 2017 as an example.
The times/dates of price forecast are only for illustration purposes.
I believe this will be the 'minimum' target to chase within this Bull Market Cycle.
I'm long. Average re-entry of 0.65c.
There is a good buy opportunity on IOTAUSDT based on the chart. So let’s see the reasons and what’s happening on the chart right now:
1. Price is in an uptrend ( Bullish )
2. Breaking the previous bearish trendline ( Bullish )
3. Hidden divergence on RSI(14) ( Bullish )
4. Reaching to the support line ( Bullish )...
Will IOTA vs TetherUS pair find support at the nearest support zone 0.9600 area or drop further to 0.6200 area before reversal?
drop your comments let me know what you thinks
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your...
IOTA has a strong resistance on daily timeframe from APRIL and a new resistance formed from SEP, however, smaller tfs on IOTA are turning bullish, looks like IOTA is getting ready to breakout of this month old resistance. The recent crash helped IOTA forming up the right shoulder.
- Inv H&S on 4hr timeframe.
- 200 EMA support is there just below the price candles...