IOTA chart update. The $IOTA/USDT pair has officially smashed through a long-standing descending wedge pattern! After months of consolidation the price has surged by an impressive 83.79% in just one week!
Key Highlights:
Multi-Year Pattern Breakout: A descending wedge typically signals a bullish reversal, and this breakout confirms it
Massive Momentum is on the bulls' side as resistance levels crumble.
Next Target Levels: Are we headed to $0.80 or beyond? Let’s discuss.
What does this mean for the future of FWB:IOTA ? Could this be the beginning of a new macro uptrend? Share your thoughts below.
#Crypto #IOTA #Trading #CryptoNews #Altcoins #Breakout #TechnicalAnalysis #CryptocurrencyInvesting
IOTUST.P trade ideas
This will send this coin to 1.20Was fallowing XRP in same chanel, after braking uppside it went another 300 procent. This with such a low market cap and circulation this bull market will pas 10 dollars. Double in next few days. Thank You for keep donating in to MEMEFLATE, each dollar will go to charity.
#IOTA/USDT#IOTA
The price is moving within a descending channel pattern on the 12-hour frame, which is a retracement pattern
We have a bounce from a green support area at 0.2000
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.2100
The first target is 0.2471
The second target is 0.2700
The third goal is 0.2990
#IOTA/USDT /Ready to go up#IOTA
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1011
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1182
First target 0.1274
Second target 0.1360
Third target 0.1496
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT
CRYPTO:IOTAUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2189 (Close it if you don't want to lose any)
0.2282
🔴SL:
0.2030
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
IOTAUSDT Elliott Waves (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Entry zone: market and lower
Targets: 0.15 and 0.18
after first target reached move ur stop to breakeven
Stop: 0.0046 (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
IOTA is bullishFrom where we put the red arrow on the chart, it seems that the correction of IOTA has started.
This correction seems to be a double (zigzag + triangle) that is now over and the trigger line is broken.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Good time to buy IOTAIOTA (IOTA) is one of the first coins which I started to follow and invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3 and 4. Small portion will be sold on Target 1 and 2.
Entry Zone: 0.2599 – 0.3174
Buy Zone 1: 0.1057 – 0.1624
Target 1: 0.8783 – 0.9707 (177%)
Target 2: 1.3817 – 1.4556 (335%)
Target 3: 1.77 – 1.81 (468%)
Target 4: 2.29 – 2.39 (631%)
Long position on IOTAUSDT 30Min/ Volume PredictionBINANCE:IOTAUSDT
BITFINEX:IOTUSD
Mid-risk status: 3xLeverage
Low-risk status: 2x Leverage
⚡️TP:
0.1658
0.1665
0.1680
0.1690
0.1700
0.1710
0.1745
0.1757(In Optimistic Scenario)
➡️SL:
0.16
0.1565
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.