Idea completely from support and resistance study. Easy to trade and soft stop loss strategy.
Very simple setup. Price broke through down trendline and made a retest of it + its R turned S. Entry on a break of inside Bars
Hello guys, Please respect the resistance from the blue line. So long it has been respected support, so after breaking it you are not just going to go above. It will beat your ass down more than once. And we really haven't been beaten down even once yet. But before that, we are looking at potentially 100% BTC Gains. Roughly 300% gains from bottom points. It's...
Channels to follow in iota btc, keep aslong remains the channel!
It have just retest January All-time-low, for a very short time. New coin with high potential short, medium and long term. Recent Chainlink partnership anounncenment (see twitter.com) Very good risk/reward potential.
Good R:R Hidden bullish divergence Price at the lowest since 2017. Good luck
IOTA shows its weakness at IOTA/BTC chart. We can see: Bad cross of EMA indicator Failed growth on 19th of May Bear divergence at day RSI chart ATH of LONGS at IOTBTCLONGS chart Bitfinex (!) IOTA/BTC is going to at least double bottom, which means we will see 0.000040 soon or even lower! Stop loss at 0.000039.
IOTBTC looks like a perfect buy soon. It has formed a falling wedge (red). It can still go lower to the all time lows @ ~0.000043 BTC and form a double bottom. If that happens, especially within the falling wedge it is a no-brainer for me. Watch for incresing volume in the next weeks. The target might be lowered if the upper line of the orange triangle acts as a...
Looking from here, it seems that IOTA is losing the last important support for another big fall. Black horizontal lines indicate possible purchase points. Below one, the target will be as follows. I would not go into IOTA until a clear sign of reversal, this can last for months. I'm short
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...
Hello crypto friends! IOTA has seen some positive news today with the integration of Jaguar/Land Rover, which lead to a nice 15% move already. We're currently inside an Hourly equilibrium in both USD & BTC and could still see some follow-through. In USD we have a resistance zone of 32-33, which we'd have to clear to be able to move higher. TP would be 34 &...
have been watching since news released, looks like IOTBTC is about to move out of its consolidation / descening wedge, could be some big gains to be had
I actually drew this WW several days before it hit the low point, but didn't publish it. Oh well. In any case, if it plays out, we're looking at around 3x gain, and can use pretty tight stops at this level. Great RR trade! The recent low is also a double bottom with the all-time-low price vs BTC since listing on Bitfinex, which just so happened to coincide with...