MIOTA (IOTABTC) just broke a falling wedge on increasing volume.
It is looking beautiful with strong bullish indicators and plenty of room available for growth.
You can aim easily at 50-150% of profits in a matter of weeks... If the market continues going green.
Daily chart with targets
All the details are shared on the...
Priceline of IOTA USD cryptocurrency has formed a bullish BAT and entered in potential reversal zone even giving a spike beyond the PRZ area and touching the lower band of bollinger bands 1st time since after April 2019.
Stochastic entered in oversold 1st time since after Feb 2019.
I am expecting the next candle stick will be closed sideways or within the PRZ area...
We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.)
Trading Range Entries/Exits:
Lowest Red Range = TP1
Highest Red Range = TP2
Lowest Green Range = Accumulate in/above.
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and...
Something I've seen and also btc pair backs it up. I've seen btc/iota and eth/iota and compared similiar runs and there is a reason to believe a move up is ahead. Then I went to check the dollar chart and saw how we turned resistance logline into a support and confirmed higher high and and the same time we are trading in a perfect cup bottom while holding...
Iota is following a similar pattern to what we saw before the 2017 bull run. See the grey boxes on the chart, the same pattern is also holding the support.
Possible targets are: 80 cents upwards.
I expect it too start a bull run along with the other major alt coins, following a similar pattern to bitcoin’s current bull run.
With Verge its good to be in play before a bull run because of the growth trajectory it tends to follow. Now ~80 on Coinmarketcap its worth remembering that it wasn't long ago that this was a top 15 coin trading at 30X 3000% to its current price point. Its traded on the big exchanges and is currently sitting on its Point of Control POC: price point with the...
Ball is in BTC's hands. IOTA starting to show a small sign of a trend direction north. It does need BTC to play correctly and not blast out of this area.
IF BTC dominance does come down, coins like IOTA will get some love.
As almost 90% of alts, IOTA looks pretty weak at the moment, main range broken down (blue line), with 2 clear bearish channels. Main objetive based in fibonacci projection is at 1160 sats, not gonna touch it until we reach there or we see some bullish price action
IOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a criptomoeda that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin. A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among...
As Bitcoin got another punch yesterday, Alts started to rally against Bitcoin.
In detail this is what I see on 4H:
- The market got caught in a descending triangle in July which eventually led the price to follow a descending channel.
- At this time we also got a MA50/MA100 cross down shortly after. Notable is also that we got a MA50/MA100 and a MA100/MA200...