Accumulation: Wyckoff Events PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by...
This looks like a good buy level on IOTA. The yellow highlighted Fractal.
Buy - 0,0000157 S/L - 0,0000139 TP1 - 0,0000167 TP2 - 0,0000189 TP3 - 0,0000200 TP4 - 0,0000210
Time for a change in a trend direction. RSI on daily seriously oversold - first signs of bullish divergence already in place. LONG
IOTABTC Hopefully We Hold Critical Support...
IOTA/BTC is looking reaaly juicy at these levels against btc. Expecting upward surge in the coming weeks/months.
Although IOTA does not have miners or stakers to raise the price, the project has excellent developers and community. In addition, the project counts a lot of enthusiasm in the academic, industrial and technological environment. The Coordicide event should push prices to higher levels in 2021. Until then it is time to accumulate. The weekly chart suggests that...
HEAD AND SHOULDER IF BREAK SUPPORT LEVEL THEN FALL BACK TO ITS POSITION
The similarity of the 3 waves is very interesting
IOTA has finally come down to my zone of interest which i've been waiting a couple of weeks for price to retest support. The reaction looks great and its confluence with the 0.618 FIB. Set up is on the chart...... You can enter 50% of your position now and set bids for the lower 2 although we may not get there if buyers become agressive Hope your like :-)
IOTA-BTC is back to it's "value area" as indicated by light blue. It is what I refer to as "bullish cloud". There is a bull div on the VZO indicator as well, which tells us that bullish move is around the corner. First target is very obvious, a 70-80% price boost. I believe this will happen before Christmas. As for the second offered target, which is anywhere...
💎Technical Analysis Summary💎 BINANCE: IOTABTC -IOTA is trading on a downtrend channel -It is approaching the key support area at the 2100s sat -If we see a reversal or channel breakout -That's a good entry point with proper stop loss location -The upside potential is up to 2900s sat or higher `````````````````````````````````````````````` Trading Involves...