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Iotexusd

Potential Bullish Breakout for #IOTXUSDT – Don’t Miss This Yello Paradisers! Have you been tracking #IOTXSDT lately? If not, now's the time to focus. It is currently approaching a critical key support zone at $0.04634 and also showing strong momentum above the EMA, suggesting a potential bullish breakout. 💎In our previous observations, #IOTXUSDT faced continuous rejection from descending resistance. Now, it’s breaking above and probably retesting the channel resistance. We are expecting a probable bullish move from the key support at $0.04634. 💎If #IOTXUSD continues to sustain its momentum above this EMA and support, there's a high probability it will challenge the supply area at $0.06608 again, potentially breaking above the resistance. 💎However, if #IOTeX fails to maintain its momentum above the EMA and drops below the lower demand zone, we could see a significant price drop and bullish invalidation. Remember to employ prudent trading strategies and use proper stop-loss measures. Stay alert to market movements for timely updates. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
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 3D Attention! Ideal point to drain your depositToday we'll talk about the sensational IoTeX project in recent days. IOTXUSDT price made in less than 4 days +600%. Such a rapid rise in price was caused by a combination of two news: 1) launch of uTrade v2, a decentralized trading platform with automated market marketing (AMM) 2) listing IOTXUSD on Coinbase PRO If we missed some important news about IoTeX, or do not know what we are talking about at all, then please correct us in the comments . But if you look at the graph of the IOTXUSDT pair globally (on coinmarketcap, for example), we will see that the coin for 3 years from 2018 to 2021 was lying around, no one needed, without the slightest signs of life. Of course, we can assume that the team was actively working, and investors were accumulating it all this time, and only from 2021 the implementation of 3 annual plans began. But it can also be assumed that now there is a banal manipulation and pump. We are not hinting at anything, we are not trading the coin, but looking at the IOTXUSD chart, we see that the price hit the upper border of the channel and a rollback began. Be careful, because the rollback may take longer, and the price of IOTX itself can fall at best to $0.50, and at worst to $0.35 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
57
IOTX (IoTeX) , 280% gain ahead , finally did the breakout !hey yall , IOTX was making a descending channel for two months , now today we witnessed the breakout , time to RISE ! as you see in the chart , it's the time for the second top , in every cycle it does that ... you can see the similarities between the cycles . there is a MACD cross as well which is a good sign. also here is the 4H chart , the breakout is obvious here : targets are shown in this pic . if you liked the idea , give it a like . and if you wanna see more of these , follow , heck of analysis are on the way ! also tell me your opinions on this idea in the comments . GoOOoOd LuUuUUuck
Long
by ArminChiani
12
IoTeX, Pump-and-dump Scheme or Sustained Rally?IoTeX’s (IOTX) cryptocurrency price reached a new all-time high above $0.12, becoming one of the hottest digital coins this week. Currently ranking as the 99th most valuable cryptocurrency, based on data from CoinMarketCap, IoTeX has a market cap of more than $800 million and a total supply of 9.6 billion. Pump and Dump Price Structure Is IOTX’s trend a pump and dump or a sustained rally? Well, the anatomy of a pump and dump price structure is fairly simple. The first element is a strong initial rally followed by a quick sell-off. In May 2018 and April 2021, IOTX's price somewhat exhibited this pump and dump pattern. However, in both instances, the volume was light, and the stochastic oscillator revealed overbought conditions. This time around, the price is not showing overbought readings on the stochastic oscillator, and secondly, the volume is slightly higher. These two conditions might support the bullish case scenario. However, the price must not retrace more than 50% from the current rally. Looking forward: The bulls need to defend the considerable round number $0.10 to keep the bullish momentum going. Additionally, the weekly candlesticks need to not have a big upside wick because this is a sign of weakness. In May 2018 and April 2021, the price action presented weekly candles with long upside wicks, leading to a sell-off.
BINANCE:IOTXUSD
by cryptohopper