Hi dear friends, hope you are well and welcome to the new update on IOTA (MIOTA) coin.
On a monthly time frame, IOTA has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IOTA Potential make a EVE ADAM pattern , But RSI showing overbought need some correction to continue upward movement
Entry : 0,928 , 0.915 , 0.9
Target : 1.03 , 1.1 , 1.85 , 1.27
Stoploss : $0.87
Risk : 5%
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider...
Technical Analysis Summary
We have 2 Downtrend in red color (LONG TERM AND ONE INTERNAL )
We have 1 uptrend in green color
Be careful trends need to be modified when broken to the new peaks.
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels...
IOTA / TetherUS Trending Up under High Volume - IOTA is a cryptocurrency with its own blockchain. IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle. The Tangle ledger is able to settle transactions, with zero fees.
IOTAUSDT Scalp Trade | +8% Profit Ahead
NOTE: Do your own analysis. Do proper risk and money management. Spot Trading only.
Take Very Low Risk in this trade. I will not be responsible for any loss. Do not overtrade.
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