IOTXUSDT.P trade ideas
Bullish Momentum Alert: Buy IOTX for Maximum Gains**Short Fondamental**
IOTX is the native token of the IoTeX blockchain, a platform for building and deploying decentralized applications (DApps) and the Internet of Things (IoT). IoTeX is designed to be a scalable, secure, and private blockchain for IoT devices.
The IoTeX blockchain uses a consensus mechanism called Roll-DPoS, which is a combination of delegated proof-of-stake (DPoS) and rollup technology. This consensus mechanism allows IoTeX to achieve high scalability and transaction throughput.
IoTeX also uses a number of security features to protect its users, including:
* A root chain that is secured by a network of validators
* A rollup chain that is used to process transactions quickly and cheaply
* A variety of cryptographic techniques to protect user data and privacy
**Recent News**
* **IoTeX Launches IoTeX Labs, a New Initiative to Support the Development of the IoTeX Ecosystem:** IoTeX Labs is a new initiative that will provide funding and support to developers who are building on the IoTeX blockchain.
* **IoTeX Partners with Binance to Launch IoTeX Staking on Binance Earn:** Binance Earn is a platform that allows users to earn interest on their cryptocurrency holdings. Through this partnership, IoTeX holders will be able to stake their IOTX tokens on Binance Earn and earn interest.
* **IoTeX Announces the Launch of the IoTeX Mainnet 2.0:** IoTeX Mainnet 2.0 is a major upgrade to the IoTeX blockchain that includes a number of new features and improvements, such as support for smart contracts, NFTs, and DeFi.
Unlocking IOTX Potential: Why It's Time to Buy Now!"**IoTeX** is a decentralized Internet of Things (IoT) platform that connects the real world with the blockchain. IoTeX provides a suite of tools and services that enable developers to build secure, scalable, and privacy-preserving IoT applications.
**Fundamental Analysis**
IoTeX has a number of advantages over other IoT platforms. First, it is based on a blockchain, which makes it secure and transparent. Second, it is scalable and can handle a large number of transactions. Third, it is flexible and can be used to develop a wide variety of IoT applications.
IoTeX has a number of partnerships with leading companies in the IoT industry. For example, IoTeX has partnered with Bosch to develop a new generation of smart home devices. IoTeX has also partnered with Samsung to develop a new IoT platform for smart cities.
**Recent News**
On September 27, 2023, IoTeX announced that it had launched its new mainnet, IoTeX 2.0. IoTeX 2.0 is a significant upgrade to the IoTeX platform and includes a number of new features, such as a new consensus algorithm, a new programming language, and a new smart contract platform.
On September 23, 2023, IoTeX announced that it had partnered with the city of Seoul to develop a new IoT platform for smart city applications. The new platform will be used to manage a variety of smart city services, such as traffic management, parking, and waste management.
**Disclaimer**
Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
IOTXUSDT ๐ Bullish reversal or double bottom We've got a green market overall as BTC is breaking highs but still we need to be wavy of bull traps!! Specially in alt coins so trade safe and go little by little by areas and taking profits as price goes up.
Here's my unbiased plan:
Bullish reversal scenerario
Confirmation would be when price breaks above 0.01950 then we can look for buy set ups
Target 0.20 to 0.22 area
Bearish correction
Confirmation would be a double top with price unable to break through and bouncing down from 0.0184
Target: 0.016 to 0.015
Let's see how this plays out and be patient for confirmations before pulling the trigger!
Happy trading,
Kina ๐
IOTX Buy Trade Here is My Study on IOTX.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
long iotxHow to Trade Using the SMC Trading Strategy:
We would learn Smart money entry patterns and methods such as:
SMC Reversal Entries
How to identify valid CHOCH.
Major and Minor change of character (CHOCH)
Aggressive Entry setup
Entry Methods:
Firstly let us examine the entry method we can use in the SMC trading strategy. Smc entry methods are divided into two major subcategories namely:
The reversal entry method
The continuation entry method
The reversal entry method can further be divided into two namely:
Change of character (CHOCH) or change of market structure.
Flip entry setup.
IOTX/USDT Ready for Next Upward ?? Iotex Today AnalysisHello Paradisers, turn your attention to a coin with potential!
๐IOTX has emerged from its descending channel pattern and is currently attempting to breach the supply zone. If it struggles to surpass this supply, IOTX might retreat to the demand zone between 0.01760 - 0.0173, before potentially resuming its bullish ascent.
๐For those considering an entry, you might either anticipate a clear break above the supply or patiently wait for a touch within the aforementioned demand range.
๐Stay vigilant, ParadiseSquad! ๐ด This analysis might need reconsideration if IOTX concludes the day below the 0.001650 mark.
IOTX/USDT looking for a rejection here! Hey traders ๐
Another coin for today is IOTX coin where we see a good chance for a rejection to happen from 200EMA on 1hr chart. BB indicator seems ready to us while it is rejection that upper zone so let's soo how this one will play out!
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๐๐ผ "Rapid Intraday Profits: IOTXUSDT with a 1:14 R:R" ๐๐ฅ๐๐ฅ Maximize Intraday Gains: Embrace the Bullish Surge of IOTXUSDT with a 1:14 Risk-to-Reward Ratio! ๐๐ผ
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IOTX buy long only breakout Entry: 0.02111
Profit: 0.06470 (206%)
Stop: 0.01863 (11%)
Risk-To-Reward: 17
Expected duration: 10 - 50 days
Comment: Another trade that I want to prepare It could trigger at any time, so prepare your breakout order
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
IOTXUSDT ๐ถโ๐ซ๏ธ Double Bottom Reversal Hey guys!
We'll start monitoring the possible reversal for IOTX and I'm going to be straightforward: for this asset to start saying it's bullish we need to see a break above and close over 0.024 meanwhile we are trading in the range.
Bullish scenario would play like this:
First target: 0.019 then we'll TP
For this to happen I'd like to see some sort of pattern like a double bottom or IH&S.
Bearish scenario would go like this:
Target open because it would be creating new all time lower lows we'd be then moving stop loss to entry as soon as in profits. But the trigger would be a close below: 0.015
I'm rooting for the bullish scenario as I'm a very hopeful person but we take what the market gives and be open to both scenarios always! Manage risk accordingly and never be biased.
Happy trading!
Kina ๐ถโ๐ซ๏ธ
#IOTX - Long - Potential 8.88%ALT re-accumulation possible here, even if just DCA algo's buying the dip's. Be wary of the news cycle CPI data and likely more Binance FUD dropping later today.
If inflation comes in high we could see risk assets drop - so close early if in profit.
Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_IOTX
Exchange: BINANCE
Timeframe: 360
TP1: 0.01912
Entry: 0.01761
STOP: 0.0161
Entry Conditions:
| Trendbreak & RVI break
| Untouched pivot
| Coming n from oversold
IOTXUSDT is creating a pennant IOTXUSDT is testing the $0.022 area, which serves as a local support level within the market. This level holds significance as it has previously acted as a barrier for downward price movements.
There is a possibility that the market could experience a pullback from this support level, leading to a retracement towards the 0.5 Fibonacci level. The Fibonacci retracement is a commonly used technical analysis tool that measures potential levels of price retracement after a significant move. If the market follows this pattern, it suggests that a bearish impulse could develop, indicating a potential continuation of the downward trend.
Furthermore, the market currently has liquidity available around the $0.015 area. Liquidity refers to the volume of buy and sell orders available in the market. In this case, the $0.015 area contains a significant concentration of buy orders, indicating potential support if the price were to drop further.
If the market experiences a breakout from the support level and subsequently retests it as a new resistance, it aligns with the principles of Plancton's Rules. Plancton's Rules is a trading strategy that emphasizes short positions in the market when price breaks below a support level and retests it as resistance, suggesting a bearish trend continuation.
Considering these factors, traders and investors will closely monitor the price action of IOTXUSDT to assess whether the support level holds or breaks. A break and retest as resistance may lead to new short positions being initiated in line with Plancton's Rules.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <= 1h structure.
Follow the Shrimp ๐ฆ
IOTXUSDT - Triangle Pattern breakdown Beware at this point this coin is in ranging mode. So I've marked areas where the volume profile has shown potential areas where most participants were involved at that time. So there's a chance that over those areas, price is going to react somehow or not at all, so we need to see what happens once it gets there.
We can say we've got a hammer as soon as it entered the area so we can see a bit of a slow down motion after the drop. Now, 2 things can happen. Either it creates a double bottom and reverses right off this area or it continues to decline. However to confirm this, we need to see a breakdown of current zone in order to go short.
Target could be the next support zone: 0.01865 - 0.01954 as shown in the chart we are sitting in a buy area and in oversold conditions.
Also, this is a ranging market so what I see could be a mess to you lol
IOTEX short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
MACD Divergence and Support Reclamation on #IOTXUSDTThe recent price action in #IOTXUSDT has shown some interesting developments. After briefly entering a bearish zone, we are now witnessing a potential shift in momentum. Here's what we're observing:
๐Bullish Divergence: The MACD indicator is displaying a bullish divergence, indicating a potential reversal in the price trend.
๐Support Reclaimed: Price has managed to climb back above the support level, which is a positive sign for buyers.
๐Fibonacci Retracement: The 50% Fibonacci retracement level has proven to be a significant area of support, with a clean bounce occurring for the second time.
๐Higher Highs and Higher Lows: On the lower timeframes, we are starting to see the formation of higher highs (HH) and higher lows (HL), suggesting a short-term growth potential.
Considering these factors, as long as #IoTeX remains above the Fibonacci support, there is a high probability of a fast 10% rise. It's important to note that price spikes below the Fibonacci levels may occur, but only a new lower low would be a serious warning sign for the buyers.