After breaking the strong down trending resistance line, which started in late 2017, i expected IOTA to start climbing higher again.
That wasn't the case and an ascending triangle was formed.
On the weekly it looks like it is breaking out. It could go up again into the triangle and no dump occurs,
but if it stays / closes below the resistance line, a fall to the...
IOTBTC looks like a perfect buy soon. It has formed a falling wedge (red). It can still go lower to the all time lows @ ~0.000043 BTC and form a double bottom. If that happens, especially within the falling wedge it is a no-brainer for me. Watch for incresing volume in the next weeks. The target might be lowered if the upper line of the orange triangle acts as a...
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If you like catching knife IOTA is the coin for you :P
*Willy is stupidly over sold
* Bullish divergence in histogram
* OBV does not look healthy at all
* Low volume, would love to see bulls step in here
* Price eating that big tail with is the last line...
Now that BTC went bullish, a lot of alts will also see some strong upside potential.
IOTA looks kind of interesting, because it made a giant bullflag since the bearmarket started.
Also, it is now resting shortly below the daily MA200 and the logarithmic downtrend resistance.
It now depends on BTC. If BTC continues to rise to 6500, IOTA will break through the...
IOTUSD / IOTAUSD
Price is narrowing, the volatility subsides before the storm. The question of which way the blow would be would not have taken a decision in the medium term. There is a chance to pass at least 38-50% Fibo on the chart upwards. You also need to consider that we are in a falling trend and the opportunity to go down below 20 cents is very large....
I haven't posted any entries for a while so i figured I would give it another shot.
IOTA is setting up for a simple buy set up with a projected gains of 75%.
Will update as trade progresses
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
While the price is above the support 0.2045, beginning of uptrend is expected.
We make sure when the resistance at 0.4015 breaks.
If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The RSI bounced from the downtrend #1 and it prevented price from more gains.
A trough is formed...
Iota is a very reactive coin. Lazy periods and sudden volatility.
There are particular formation in the ETH and BTC pair that suggest me a buy.
Against Ethereum we are reaching an extremely reactive support. The minumum increase against ethereum was 35% in september 2017.
Against BTC we are entering the level that supported the incredible run of end 2017....
I have a small analyis of MIOTA because it looks like she is hitting my buy box.
Watch this coin! I think there is a possibility of 50% gains!
-RSI and stoch are ready
My entry: 0.00006480
My Stoploss : Underneath the box.
I will update this post many times till closing.
Please do your own research!
Now IOTA moving in accumulation zone this is good zone for buy before IOTA fly. According to my observations, I noticed that the iota team has market makers who know and have experience how to make a rocket for the price of iota. that's why my recommendation is to add this coin to portfolio for the medium term. Swing trading
FOR 16 MONTHS, IOTA IS IN A DOWN TREND IN TRIANGLE PATTERN.
THIS RESISTANCE TREND IS VERY STRONG AND IMPORTANT.
LOOK AT THE MA200 , THIS INDICATOR BULLISH TREND .
IF THE PRICE CROSS UP THE MA200 AND THE TRIANGLE PATTERN WITH VOLUME,
THEN IOTA WILL BE IN HUGE BULLUSH RUN.
6X PROFIT MIGHT COME WITH IOTA.
It was front ran the first time, lets see how it reacts
Top line of the box is a monthly level
Bottom line of the box is a resistance level on the daily from a long time ago
Not taking this trade yet, just keeping an eye out!