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Iotx

IOTX/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- IOTX/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets IOTX suffered about negative global market situation - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical element Market configuration - Graphical Elements : Graphical Resistance = 0,081 & 0,2610 Graphical Support = 0,025 & 0,01280 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is bouncing off key support = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target (c) (B) has been already reached = 0,2830 Fibonacci resistance of the wave in progress = 0, 052 Fibonacci support of the wave (c) (B) (max extension) = 0,01280 Fibonacci Bullish Target = 0,081 (auto-similar move) Conclusion Preferred case => Regarding the mid-term element, IOTX is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 0,052 and 0,081 as long as 0,025 remains support - In extension a larger rise towards the previous top at 0,2610 can't be ignored
Long
by JeanJean1983
1
🆓IoTex (IOTX) Jun-01 #IOTX $IOTX IOTX has a support zone at $0.038, if it doesn't lose this zone, it will continue to move towards $0.045, $0.55 or even $0.065 this June. The selling force in these areas is not too strong, so the important thing is that the buying force needs to be pushed in. If it loses the $0.038 zone, it will temporarily correct to the $0.032 and $0.026 zone to retest these areas, the future of IOTX is still very bright. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.038$ zone 🔴Buy : 0.038 🔴Sell : 0.045 - 0.055 - 0.065 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.038$ zone 🔵Sell : 0.038 🔵Buy : 0.032 - 0.026 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
IoTeX (IOTX) Buy ZoneIoTeX (IOTX) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Our short-term market structure has once again become bullish, IoTeX after the violent drop towards $0.0735 zone we saw less than 3 days ago and the even faster buy back immediately after it. -------------------- $IOTX/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 0.0755 - 0.072 TP 1 : 0.078 TP 2 : 0.08 TP 3 : 0.083 TP 4 : 0.08575 TP 5 : 0.088 TP 6 : 0.0915 TP 7 : 0.09355 TP 8 : 0.0978 Stop Loss : 0.0698 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
IOTX LOOKS PRIMED TO GO PARABOLIC! I missed out on the last IOTX vertical breakout to ATH and have been watching it to try to ride the next wave. The chart looks real purdy right now from both macro and micro lens. MACD weekly lookin positive for now. Market is wild right now and im not sure how BTC movements will affect some of these alts. However, looks like a low risk set up to me. IOTX can have wild price swings so lines have some forgiveness and ive been setting my stop loss below the higher low trendline so that I dont get neutered by the big guys. Relatively new to TA. Let me know if you agree/disagree. Also, looks like macro adam and eve w/ newly forming adam and eve that will lead to previous ATH. What do you think?
COINBASE:IOTXUSDLong
by manzanita1a