BINANCE:IOTABTC has held relatively well during the BTC bloodbath of the past days and is reaching the end of the triangle.
The pinbar candle could indicate a move upward is incoming, as seen last time this happened.
Internet of things - future of the next few years and IOTA is leader in this sphere
I believe in this project
Moving in the triangle with huge potential
Still in the zone of accumulation
Buy in deep - sell in high
IOTA on the Bottom Areas if You thinking to Take Position in IOTA then Given Below Some Levels,
Long - 7700 Target Will be First Target 8200 & second 11000.
if IOTA Cross The Resistance 8200 then You Can Long on the Support 8200 to Next Resistance Level 11000.
I hope that Price can fly From Buying zone.
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Hey! I am back with another Technical analysis, this time looking at longer timeframe on IOTA.
If you are only curious about forecast, go to "Technicals" or "Conclusion"
IOTA has tested known demand zone in august and saw relatively quick 70% gain. But this still wasnt enough as Bitcoin was going pretty much sideways, and IOTA and every other...
Ranked on CoinMarketCap as one of the cryptocurrency with the biggest market capitalization, MIOTA is sitting at #13 in the Top20.
Let's start with the overview of the project.
MIOTA (IOTA) Overview
What is IOTA?
A permissionless distributed ledger for a new economy
An Open-Source Distributed Ledger
The first open-source distributed ledger that is being built...
Almost a perfect bullish butterfly on Iota, which means this can be a perfect oppoutunity to buy.
However Bulkowski says "...this pattern has such a high failure rate (14% as measured from the low at D)"
A good idea could be to wait and get in when there is upward movement from D.
Three setups as the price around 0.00057 is fibonacci level at 1.27...
This is just a test.
1st : sell on top and re-enter after breakout confirmation
2nd: buy more if it breaks out and set stop-loss at first entry point
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Hi guys, this is my first IoT trade idea. I would be looking to make a long position as the price has broken above the descending triangle formed in early May 18' and looks as if it is currently re-testing this trend-line. The previous market high was $5.8 - the current price is 94% lower than that at $0.504. This presents a rather lucrative trade.