IOTAUSDT.P trade ideas
IOTA/USDT Long PositionLaddering some buys downwards towards the bottom of this rising triangle that we have forming.
We've been trying to force our way through that pretty solid resistance.
If we get a breakout it should be a pretty massive breakout.
Iota still has very far to go in terms of a bullish run, so potentially could be a big trade.
There is an AMA with the IOTA devs today so hopefully some more good news will be coming.
Trade safe friends.
IOTAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we cross the resistance line, we will enter into a deal for the above purposes
But if green support is lost, which is unlikely, we can predict a decline
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Very strong possibility for a bullrunLooks like a potential break above what seems like a consolidation phase. Would not be surprised to see this challenge the 3$ mark. This is still tied heavily to the price of BTC so managing risk to the downside is a must if ever it reverses. That being said I believe the odds are good for a continuation upward.
This isnt a recommendation to buy, simply an observation of a trading pattern
IOTAUSDT us ready for the breakout 🦐IOTAUSDT had a nice breakout from descenidng channel and now the price wants to test the daily resistance. IF the price will have a breakout and retest the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.