4 hour charts are great, especially when they align with the larger time scale, which is the case here & it all ends up the same at the end of Pythagoras road. Just a reminder to step back every now and then, take a breather and look at how lucky we are to be where we are and put it all into perspective. In this case it really doesn't matter if it's 4 hours...
Blue arrow shows bullish candle that beaks channel (Green Lines).. And later is confirmed by retouch then close as nice bullish candle (Orange Arrow)
IOTUSD IOTA Buy and Sell Points Next buy point comes on a break above the small dynamic resistance line which is currently holding back price or from the first support line at 4.363 with stop below the lower (rising) dynamic that underpins the rally today. Look for rally back to the upper dynamic that holds back price on chart around 5.148. Next Sell Point...
Chart speaks for itself. Stop-loss below the drawed channel.
Iota' is not a coin with attractive fundamentals, but that is not within the scope of this post. Do Your Own Research. Iota' had a massive surge in price recently, consolidating healthily above the kumo right under its all-time high. Due to the massive increase in hype and market participants lately, it does not seem likely that Iota is going to top here. The...
Hasn't broke the red trend line, and continued lazy upward trend despite jumping on BTC train in both rise and fall. Continues to fall back to it's own trend between BTC extremes. Looking promising if head and shoulders completes and continues to follow trend.
Yeah, there was a huge spike in price, but this chart looks very pretty. Bullish setup, MACD has yet to cross, not overbought, within volatility channel, perfect fib 50% retracement. What's not to like? I am long term long, and medium term long on this coin. NOTE: I am NOT a professional analyst of any kind.
The comments are in the chart. I started shorting, a small part.
TP1: 6 USD TP2: 9.5 USD TP3: 15.5 SL: 3.3 Good Luck :)
IOTUSD has already broke triangle pattern, and now it's moving upwards to maximum historical price. Volume increment supports bullish tendency. Recomendation: BUY. TakeProfit 1: 4.87977 (half the height of the triangle) TakeProfit 2: 5.53997 (height of the triangle) If you find this analysis helpful, don't forget to like and comment! :)
I would take profits and wait. If it breaks 5 and then ATH I may consider to re-enter. If it starts going down...
IOTA IOTUSD The last two trades this week on Iota longs have both used the break below the speed line under the day's rally to exit. It has worked quite well so far...the first from 3315 to 3712 and the second from 3315 again to an exit at 4100. The next entry point here was on the break of the minor downtrend at around the 3604 mark but missed it due to...
IOTA Update Dynamic Stops Another rally attempt cut in the bud. We went long here on break above 3311. Because we're using dynamic stops under the little trend line that supported the rally we exited the long at 3720 for a 12% win on a bad day again. Once again the majority of the gain was trapped in and left you free to buy again at the original price,...
We will wait this zone to enter with small risk due BTC mega rush today.... it hit 19999 ATH so lets play safe for today
IOTA IOTUSD Update Trying to base here - Buy points Within minutes of publication the little dynamic support line that had held upyesterday's rally was broken, flipping IOTA from positive back to negative on a dime. Stops for longs were running up under the parallel as price moved north. Well it was good whilst it lasted but once that little dynamic was lost...
IOTA IOTUSD Positive whilst tracking dynamic support Nice continuation pattern now completed on Iota ...buy off the support line and look for retest of highs. Only turns negative if the dynamic supporting the new rally gives way...so stops under here