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sell your Ether for IOTA now, a huge S/R-flippening happened, RSI is grinding down, getting ready for a leg up, new support at 0,001 possible LONG IOTA SHORT ETH
LONG TERM DOWN TREND. WAITING FOR MORE SIGNIFICANT REVERSAL SIGNALS.
MENTAL NOTE - RSI OVERSOLD, FALLING WEDGE FORMATION.
Chart shows the possibility of the falling wedge pattern and it's target.
1D chart looks Good Successfully breakout Buying range 0.00100 to 0.00105 Sell when you Satisfy Good luck comment below what you think and share your ideas Thanks
Let's see if it continues... Entry in green.
Im not bullish on ETH but this doesnt look good at all, if you hold eth and anitcipate a dump it might be an option to take some profits and go into iota for the long term because i am long term bullish iota. No financial advice.
This pair has been repressed for so long that is going to be mooning hard ready to fly 100% like a fighter jet. Iota has been going up like 135% but his rise is not done yet, infact people have been too busy pumping eth and been progressively leaving iota boat in favour of ETH but now that eth seems to be slowing down and iota can solve his wallet issues and...
I always say that - but people often look at too short time frames - and that needs repeating over and over again. What many see on 4H charts has nothing to do with long term 1W setups which to be honest are my favorite. Double bottom here on ETH will make this trade my ETH harvester... since I simply am not going to sell at first green box target... Good luck...
Iota and Enigma are 2 of my favourite projects in the crypto space, although the 2 were often attacking each other i still like both and actually traded them against each other with a funny strategy i came up with. This strat may be invalidated when iota reaches a breakthrough in their coordicide research and then i will split my stack into 80 / 20...iota /...
Technical analysis: . MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price...
IOTAETH, Buy on D1. D1: - Structure: Uptrend - Tendency: Upward - Break and above support => BUY
IOTAETH, Sell on H4. D1: Downtrend H4: - Structure: Downtrend - Below support - Candle: Bearish candle => Sell
nice pullback to its triangle pattern ... ready to start it can go up around 0.0014 - 0.00147 (for short term trade)