IOTA (IOTA/USDT) Trading StrategyChart Overview:

The daily chart for IOTA/USDT on Binance highlights a bullish Gartley pattern, which indicates a potential upward price movement.

Key Levels

Entry Zone:

Primary Entry: $0.1334 - $0.1670Optimal Trade Entry (OTE): $0.1502

Target Levels:

Target 1: $0.1690

Target 2: $0.1705

Target 3: $0.1720

Target 4: $0.1740

Target 5: $0.1780 

Target 6: $0.1820 

Target 7: $0.1860 

Target 8:$0.1900

Target 9: $0.2000

Target 10: $0.2200

Stop-Loss:

Set at $0.1234 to manage potential downside risk.

Position Size: 2% - 4% of your trading portfolioLeverage: 3x - 5x leverage for this tradeTrade Type: Swing Trade

Risk Management

Risk Level: Medium/HighEnsure that the leverage and position size align with your risk tolerance.Monitor the market conditions and adjust the stop-loss and take profit levels as necessary.

The IOTA/USDT chart shows a potential bullish reversal with the Gartley pattern. Using the entry and target levels provided, traders can set up a long position while managing their risk with the specified stop-loss. Ensure to monitor market sentiment and adjust your strategy as needed.