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IOTA

A sign!--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! --- This is an update from my previous idea, plz here you can find attached. It is an important event in nature as it is the intersection with the MA200. We don't know for sure the outcome of this action, although at least we expect some interesting movement here. Nice, isn't it? From a 4h view we've been above the moving average for few hours already, but jut starting. How far do you see Iota performing this summer? Please feel free to leave any comment. Thanks again!
Long
by harribatu
1
IOTA Bullish SignsHey Guys: BINANCE:IOTAUSD is our next coin of discussion. I'm a big fan of their work. Not only am I a big fan of their work, but I'm also a big fan of their W and 1D charts. Most of my ideas will be with a long-term mindset. Please remember that these are just my opinions. I'm always open to discussion on the ideas and what I'm talking about. Entry Point: I'm slowly accumulating more and I'll be keeping that strategy. Just looking for good opportunities. I think we're safe to buy until the ~$.80 b/c it'll face some resistance at $1. I make this statement with two assumptions: that the resistance faced September of 2018, which is marked with the red arrow, will not be an issue for us, and The breakthrough of the 1 Fib level on the 1D chart will give us some challenges but we'll eventually overtake it. If it can cleanly pass the $1 - $1.10, we're safe until around $1.35 - $1.40. It'll face some resistance at the 0.236 Fib level. Then we can just rinse and repeat those steps for each Fib ( How to use the Trend-Based Fib Extension ). I'll be updating the comments as this unfolds. It should be fun. Target Points: (1) 1.7 (2) 2.67 (3) 3.44 (4) 4.20 (nice) (5) 5.28 Stop-Loss: We'll have to wait to see if $0.20 can hold. If not, we'll turn this into a selling game. Indicators: Weekly FIbonacci The Trend-Based Fib Extension is used to guage potential support/resistance levels after we've gone through a correction of the previous trend. This is where the Price Points are taken from. Moving Averages Our 50-MA (blue) has had enough data to take its trend into consideration when making a purchase order. It's starting to smooth out its downtrend which could indicate a change of direction. We'll have to watch as this develops. If the 20-EMA (orange) can hold above the 50-MA for a bit, we'd be in a good spot. Sniper T3-CCI Waiting for this to move above the line could be the conservative play here. Volume The sell volume seems to be getting smaller. Let's look for a spike one of these weeks to indicate some direction. Candlesticks I like using the Heikin Ashi candle to gauge trends. Summary There's a bunch of information here. But the most important thing is that we're thinking long-term. Well into and past next year. We'll update price points as this unfolds but for now, we're looking to lock in some profits between now and the ~$1.4 mark. Good Luck! -Matt
BINANCE:IOTAUSDLong
by TroutHouse
2
IOTA / BITCOIN (IOTABTC) WeeklyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin