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IOTA in falling wedge.
Let's see if the wedge plays out.
IOTA we have seen here symmetrical triangle and if Btc price not crash more so we'll see soon IOTA price expected 11k
We have strong support 7400 sat
See you next analysis.
According to Btc support, IOTA/Bitcoin looks Long Position !
Target is about 16500.
Good Profit! and Good Luck!
find the unique pattern which gives quick 200% return place your buy orders
It looks like it stayed on its weekly bullish ob for some time but in weekly chart the last closed candle is a doji and BTC is not looking for so good at this time.
Broke the falling wedge but there is no momentum and it kept it line across the HVN of Volume Profile, so it looks dangerous to buy now, but I am neutral and if I were you, I would choose to stay ...
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
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 has formed an inverse Head & Shoulders
- Volume has increased
- RSI looking Bullish
- My Buy Zone: .00008825-.00008835
- My Sell Zone: .00009005-.00009190
As always take caution in Trading your money. Do your Due Diligence and in no way is this financial advice! This is my target zone for when I will buy if the targets are hit.
Hello my dear IOTA traders!
IOTA is right now seeing a few bullish patterns, similar to granda Bitcoin and the other alts. The break of the 60 cents neckline could see some nice upward potential. Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish ...
Looking at our trend timeframe we see price has found support at 7000 satoshis, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for a reversal, a close above resistance and expect a radical push towards 15000.
Iota has been on a longterm downtrend just as the rest of the altcoins and suffered severe losses in Value.
It managed to bounce a little after the current drop, to $0.57.
The maximum bounce on this current run we see about $0.64 where it will be hitting the 0.5 fib retracement.
That would be a good area to sell/short iota.
Targets are the two ...
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 ...
This is a risky call. So if you can't pay attention all the time, Don't get entry
We can hope IOTA follow the H&S form
Buy : 8500-8700
Flash Sell : 8800-8900-9000-9100-9200
Short Sell : 9300-9400-9500-9600-9700
Stop : 8300
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This pair does not observe any anomalies on the general background. Trading volumes are average, did not increase compared to summer. This may indicate a loss of interest in the asset.
Today, IOTA fell 5% against the backdrop of news on the BTC, and then returned to its channel. Wait until the day closes to clarify the bitcoin situation before making a decision ...
This is not a financial advice. Trade on your own risk.
This trading setup is based on Bull flag pattern, 5 corrective waves and RSI bullish divergence
. 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.
. There is a ...
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 ...