Technical analysis:
. IOTA/BITCOIN 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 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a ...
One of so many coins that have billions of supply but still on top 20 of coinmarketcap like a boss. It's doesn't really surprise me because this coin basically has a great fundamental. Having an ambitious goals towards internet-of-things and sharing economy, IOTA showing that they do the work looks really professional.
Here is my analysis on IOTA:
1. As you can ...
IOTBTC : good local accumulation to pump-up moving. MAs have crossed the price and look nice to growth. Also see some bullish divergence between indicators and the real price.
IOTA reach support zone at triangle support and fibonacci 618 support.
We can buy this coin and aim for :
A. 53% profit target at classic support and resistance at 0.00013148
B. 93% profit projection at triangle projection at 0.00016470
Technical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a ...
No.1 : IOTABTC
IOTABTC are one of the best coin this week that perform bullish.
As u can see that IOTA perform ascending triangle pattern inside channel down, and almost break up bullish confirmation level at 10589.
If this level break up we can set target at 17735.
We can buy IOTA if it reach support at 8758.
Note :
if this pattern failed, IOTA will back to ...
The past months iota took blow after blow,
is the retracement over,and ready for a trend reversal.
My answers is yes,but it's need to prepare little more
look at this pattern
https://www.tradingview.com/x/jO9LKuhr/
the resembling is uncanny,will this pattern play out,
I hope so .A good indicator I'm waiting for is ,breaching the upper blue line
and going back ...
IOTA is in Falling Wedge formation, which should be a bullish one if price break that upper resistance line.
To catch another bullish move is to buy IOTA at Wedge lower support line. It may be between 5500 and 4750 sat. (depends where it will hit).
It can have an upward bounce at 6800 satoshi, but that second line at around 4750 is a better one in my opinion. As ...
Hello my Crypto friends!
Today I'm going to look at BINANCE:IOTABTC at 1h timeframe. IOTA broke the downtrend with strong impulse. As you can see, IOTA is in the correction. I think this correction will be over soon. In this correction I can see two completed waves. I can see divergence between first and third waves what can be a god sign for a reversal. Be ...
