IOTA could be potentially ready for a REVERSAL (Part 3)
My series on IOTABTC continue here. As predicted in Part 2 (scrolling down the post) after the upside move driven up by Bitcoin yesterday, IOTA move downside aprroaching the Kijun-sen of the Ichimoku Cloud at around 0.00014880;
If IOTA on the 4H chart found support on that yellow line, it can go sideways for a couple of days and then move to the next resistance level at 0.00017000.
All depend on Bitcoin in the next days; If BTC wiil crash, all the other alt coins will follow. Simple.
P.S.: Sorry guys, I have forgot to tell you in previous charts that I'm using the Log scale.
For the Ichimoku Cloud:
set the periods on 20-60-120-30 and you will have a smooth and less confused cloud on chart (follow @crypto_rand on Twitter & @CarpeNoctom on both Twitter and Youtube - the last on his YouTube Channel shows very well how to use the Ichimoku Cloud and other indicators - He has been very useful at least for me).
LINKS:
twitter.com/crypto_rand
twitter.com/CarpeNoctom
www.youtube.com/carpenoctom
If IOTA on the 4H chart found support on that yellow line, it can go sideways for a couple of days and then move to the next resistance level at 0.00017000.
All depend on Bitcoin in the next days; If BTC wiil crash, all the other alt coins will follow. Simple.
P.S.: Sorry guys, I have forgot to tell you in previous charts that I'm using the Log scale.
For the Ichimoku Cloud:
set the periods on 20-60-120-30 and you will have a smooth and less confused cloud on chart (follow @crypto_rand on Twitter & @CarpeNoctom on both Twitter and Youtube - the last on his YouTube Channel shows very well how to use the Ichimoku Cloud and other indicators - He has been very useful at least for me).
LINKS:
twitter.com/crypto_rand
twitter.com/CarpeNoctom
www.youtube.com/carpenoctom