IOTBTC pair showing strong signs of trend reversal, leaving downtrend channel. MACD confirms uptrend and RSI is over 50. Current price is a good Entry Level long-term, if you want further confirmation, enter the market as shown in the graph if uptrend continues. WNZ Get live updates and analysis of the cryptocurrency market: t.me
Do you think it's possible to catch every high and low in a trend? I know I never did, until I started toying with this idea. The idea is simple in theory, it is rooted in moving averages and moving average ribbons. Each fiber of a ribbon contains some different information about the pressure field acting on the ribbon. What if you could selectively choose which...
After completing a big double top formation, IOTA got caught in a downward channel. It was saved for some time by horizontal support which broke today. Also RSI is pushed down by a negative slopeline. If this RSI-line breaks a retest of horizontal support around 0.000193 seems likely, if the RSI-line doesn't break and goes deeper into oversold area IOTA might...
Análise em Português BR (Analyze in English below) IOTA vem fazendo uma onda corretiva que ja dura 19 dias. Nesse período, ja devolveu mais de 60% da sua última alta, chegando a romper regiões importantes da retração de Fibo. A correção terminou após chegar na região entre 61 e 78% de Fibo, respeitando a LTA e fechando o último candle do diário acima da linha de...
I think iota has find his bottom an move up from this point
just for study, not a financial advice !
For information purpose only, Not a financial advice !
IOTA is forming really quickly its first Gartner's hype cycle. Let's see if we can catch good buy-in and take IOTA for long term. I'm positive, that IOTA will make another cycle and will reach easily 4-8 dollars.
IOTA / BTC Part 2 We have the same symmetric channels. Expecting breakout.
Internet of Things will play a big role in the upcoming decade, the amount of mobile devices like smartphones/laptops/smart devices/sensors is increasing at rapid pace. Development countries are starting to connect to the internet as well and this huge network of devices is called the 'IoT'. IOTA, a powerful network to support upcoming new developments in this...
Just the feeling, Not an analysis...., and also not a financial advice.
IOTA has seen a lot of activity in the last week priming it for a bull run. This bull run will also coincide with the likely news of additions to multiple exchanges(Binance all but confirmed, Bittrex/Shapeshift hopeful). If this news isn't released near bull call, it could take a couple more days and in that time period I expect more consolidation. Dumps result in...
IOTA had a good pennant running for a while, but BTC's massive rally caused quite the dump in IOTA. This provided an awesome opportunity for low entries with a likely bounce. With BTC being super volatile, i'd scale in/out appropriately.
Iota looks like it's struggling. Los Angeles 12:02 AM. Iota is currently Neutral. It has potential to break to 1.618 or drop if the price action falls below the cloud.