ANALYSIS 🔎 - IOTAUSDT is printing an ascending triangle (AT) pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's (AT) horizontal resistance. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's (AT) inclined support.
Not much to say honestly. Iota is looking healthy. Coming towards the tail end of an ascending triangle. $2.00 appears as target.
Miota is trending inside an ascending channel and has broken out of that falling wedge. Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone! Current Price= 0.00002450 Buy Entry= 0.00002385 - 0.00002323 Take Profit= 0.00002659 | 0.00002898 | 0.00003316 Stop Loss= 0.00002150 Risk/Reward= 1:1.5 | 1:2.67 |...
Like you're witnessing, we see a nice left right shoulders on daily basis with a blue shaved bar which means there is instutional buying pressure. The next target would be 2.82$ Like, share and follow my page to see more.
#IOTA possible targets for 2021 TARGET1: 2.4$ TARGET2: 5.6$ TARGET3: 11.5$ TARGET4: 21$ STOP LOSS:
IOTA setup looking quite promising. things are a bit shaky at the moment with BTC doing a slight correction, but we've seen IOTA hold up pretty well despite this over the last few days. Anyway TP just on the FIB at 1.67. SL at the last low from several days ago at 1.2763 Entered at the bottom of this ascending triangle.
Almost at the measured objective. I'd say it's practically completed though. I do think it's set to go higher. IMO. Not trading advice.
IOTABTC (MIOTA) has been green for the past 7 days and recently broke up above EMA50. This type of bullish action can result in a strong impulse move. Slow and steady growth is a signal of strength. On top of this signal, we also have bullish indicators... EMA200 (brown line) can easily be hit next. Namaste.
In my last analyse, I said that IOTA will target 5 dollars. Like you see the left right shoulders is on point and if 1.05 dollars is sustainable then the next resistance is 1.80 dollar. If it breaks the U-form (6 dollars), i expect 12 dollars on the long term, because they will make their own smart contracts soon. Like and share if you agree with me.
The Wyckoff Accumulation theory can be seen in action for IOTA, with the price range having just entered into phase C marking the point of maximum opportunity. Here I break down both the key phases and price levels, and how IOTABTC is so far following this to a tee. Should this play out according to Mr Wyckoff, a potential 400-500% increase should be about to...
IOTA is having a very strong bull run and is heading towards the most important resistance zone at $0.9 because IOTA lost this zone in August 2018. There will be a very strong selling force and could make IOTA's uptrend ends and It will take more time to break through that zone to rise to $1.7-1.8 zone 📅NEWS 👉Mar 31 : Chrysalis 2.0 👉Mar 31 : Firefly...
After the Pandemic, it is the rise of the world with 5G technology, which facilitates the internet of things and makes it practical. IOTA is the coin for the internet of things and if you know how it works, then you will realize how 5G can boost its price. IOTA will be among the top 10 coins by July 2021.
$IOTA has formed a lovely bottoming pattern - Inverse Head and Shoulders We also produced a nice close above $0.49 This chart is bullish. Next target is around $0.937 I'd be happy to buy spot on this breakout, some may decide to wait for a retest of $0.49. Either way we ae making our way to $0.937 and once that level is broken, $2.32 is next.
I've been harping about this setup for a while now and kept getting stalled. Patience is a virtue they say. :) We really just need to take out that 0.49 level and there should be better probabilities we'll see that big move up.
Been watching this setup unfold for a bit now. Seeing some follow through after breaking that tough 0.43 level on a daily closing basis (would love to see the weekly close too). Flip 0.49 and odds increase of a run to a measured move from this huge inverted H&S pattern.