IOTBTC Looking to break through the 61.8 Fib levels and hold above the 50 EMA. A move bellow up trending will end in a consolidation or at the support level. Volume and MACD momentum build up.
IOTA is an excellent coin to hold long term!!! Has big multiplying value potential with its amazing technology. It's fairly new and hasn't had any major announcements yet, they just had a conference which means at any random point they might drop some news on partnerships, upgrades and projects. Still announcements to be made about being added to exchanges. I...
IOTA is really hangin in there. The First loop I made on all that volume is a total of 200 million shares that exchanged at those prices. The difference in volume between the Buyers and Sellers is almost equal, sometimes the sellers were winning by only 2 to 5 million shares. This is an all out war, Bulls against the Bears, which is normal around the point of...
In the next two months we can reach the 4$, but after that, it will drop hard.
IOTA has seen resilant support at the 0.382 fib level. Over the past couple weeks I see a pennant ready for a breakout. A breakout through the upper trendline is poised to passs the 0.5 fib level and test the 0.618 and 0.786 levels. Set stop orders for the lower trendline as a breakout could reach the 0.236 level. I've been trading within the wedge using the just...
The market passed through the cloud and reached the strong downtrend line. Pennant chart pattern gives us a signal that the market can break the downtrend line and start a new uptrend. We should be ready to catch this movement. Pending orders for buy must be placed at 0.65000 level with stop orders at 0.57000 level. Profit target is 0.75000 resistance level. The...
They told me to zoom out. I zoomed in .
Buying the breakout around 0.00013. First TP: 0.00016 Second TP: 0.00020
IOTA Price Dives 15% Following Revelation of Past Cryptographic Vulnerabilities medium.com we might see another dive to the next support level... Disclaimer The information is not intended as and does not constitute investment advice to any person. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or...
We had a 9 on the TD indicator at the bottom of the current support indicating a reversal. I will be looking for this triangle to play out ove the rest of the month before expecting a break out in either direction.
The profits retracements feels like a interesting entry point. In for the long term, with little partial profit taking in the meantime. My opinion though, only invest what you can afford.
I am a big fan of IOTA. The expected Head & Should pattern played out perfectly in the end although the market did everything to mislead bulls and bears during the last couple of weeks. I guess we just witnessed the bear capitulation.. Couldn't find any news that justify this sell off but as IOTA had gone up so much a nasty correction was necessary. All my...
IOTA Price action facing top side resistance. RSI continues to flirt with trendline as we continue to pullback from fresh highs of ~$1.10 in mid-August. Watch for above average volume especially if MACD crosses zero and price action violates trendline. Watch this in the upcoming period for a potential breakout buy.