IOTABTC is creating a bull flag below the weekly resistance. IF the price will have a breakout and retest the current resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure...
$IOTA #IOTA #MIOTA - Is at the last point of supply, before the inevitable happens, and new millionaires are made.
This is Wyckoff Theory. It's how large money moves a market to their will.
Don't fight large money, just ride their waves.
The next major wave from here is vertically up.
PS—preliminary support, where substantial buying begins to provide...
What a longer term call, but 1 target this time.
IOTA forms a beautiful Ascanding triangle above resistance after breaking and retesting it.
Monthly and weekly are looking good and the pattern has stayed nice during the BTC dump yesterday
Long and short IOTA/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
IOTA has been accumulating for a while. We're approaching to the end of the symmetric triangle, which tells that price will follow previous movement again.
Its better to confirm triangle breakout and then open long position, target price is around 0.000052.
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...
For those of you using my Bollinger Bands %b & RSI & Stochastic Indicator for daytrading altcoins, a small but nice setup today following the BTC crash for a bit of BTC buildup without spending fiat.
As always, don't rely blindly on signals and indicators. Think! What else is going on? Does it make sense?