IOTA (IOT) – backing from tech giant Fujitsu!Hi Traders!
We hope you are doing well and you are optimistic about the future.
We are on the verge of trend reversal on all cryptocurrencies. How long does it take?
A week or two or till the end of September. It will come. It will start when nobody expects.
So we noticed decent bounce up on IOTA.
Why?
They released Trinity wallet on the desktop in beta version. Hmm, this is not enough, though?
Well, the best info comes from Fujitsu group.
In an official notice released on Friday, August 24th, Fujitsu explained the use of IOTA-focused blockchain as an immutable data storage medium for its audit trail process. The initiative, dubbed “industry 4.0 co-create with Fujitsu”, sees the Japanese tech giant utilizing the IOTA protocol as a data storage medium for use within production and supply chain management, thus enabling better transparency, data trust and data security.
This might be the case. We all remember what happens with a price of crypto when there is such big announcement (ex. Stellar partnership with IBM last year). This time we may earn a bit of money too.
Anyway although many cryptos gained in August IOTA was falling.
The price fell to the level which is the lowest since November 2017. We also broke last local peak at 0.000086825.
Further important resistance to break is at level 0.000129146
Here are other technical analysis details.
Ichimoku Cloud – on the daily chart we crossed TenkanSen for good. Second daily bar is over the TenkanSen. It is green and it is growing. VERY POSITIVE.
Weis Waves – supply has evaporated and demand is growing. We need more positive volume and increased demand.
MACD – bull’s crossed observed
Chaikin Money Flow – there is a great chance to break level of 0 which hasn’t happened since May 18.
Bollinger Bands – we crossed 50% of the zone for good heading even above the Bollinger zone.
So guys. This might be a safe and very beneficial trade.
Are you in?
Thank for being here.
Thank you for all the support you are giving us.
If you like our job give us a like and of course don’t forget to follow. :)
MASSIVE Hugs!
WBM Team.
Iotabtc
IOTABTC : Top 5 Bullish coinNo.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 2nd support at 6801
IOTA equilibrium -trying to hold!Hello my dear IOTA traders, hope you're fine guys! :)
In this video, I'm showing to you how I played the equilibrium break with IOTA, and why oversold conditions are crucial on breaks. Have fun watchgin! ;)
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 you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA in a bearish pennantIOTA is continuing its trip to the downside. The move that started around 0.0002850 has brought the coin all the way to 0.0000790. The coin also pushed through the 127.2% extension support and it has consolidated below that support since the initial break occurred. Moreover, the price action has created a bear pennant that has consolidated the price within a wedge. The wedge is now close to break and we are strongly favoring the continuation of the downside move. The bear pennant setup should bring the price action below the next key Fibbo support 161.8% around 0.000030.
IOTA equilibrium!Hello my dear IOTA traders, hope you're doing fine guys! ;)
IOTA is right now in an equilibrium between the ranges of 0.48 & 0.55 -a break here will be coming to the up or downside, highly depending on if grandpa Bitcoin can break its neckline at 6.5-6.600. => Awesome trading oppurtunity, if you can play in both directions. 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 you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA For obvious reasons with the crypto market i would wait for more of a signal until entering a trade but my prediction for iota.
would wait for a decent cross of the 50ema before making a trade unless you have just bought iota on the low then watch for some resistance at the 50 ema to see if you want to take profit at TP1, if we see a break though next targets i think are possible over the rest of the month.
will be keeping my Stop Loss close. could possibly see another heavy sudden cliff drop again in cryptos (Bitcoin) but staying optimistic is usually more fun. I will be more worried by a subtle decline.
targets
TP1 8389
TP2 9435
(these targets may take longer)
TP3 10260
TP4 11101
TP5 12296
TP6 13796
Stop Loss
SL1 6948
SL2 6735
IOTA reaches lows at 40 Cents - Bull reaction normalHello my dear IOTA traders & hodlers,
IOTA reached 40 Cents, almost the same lows before the December parabolic moves: A reaction from the bulls here is very normal & healthy. Depending on grandpa Bitcoin, we could still see some upward potential to 66 Cents.
If Bitcoin cannot break the neckline, obviously we have downward potential up to 35 Cents at least.
I whish you a wonderful weekend! ;) If you're gonna trade in this environment, please make sure to set your stop loss!
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!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Alt coins that you should shortHello traders,
Here are the list of alt coins that I will be looking to short if it goes below the support line.
XRP (Ripple)
Ripple is currently at 5300 Satoshi, and if it goes below this support, then next support will be 3500 Satoshi.
IOTA
IOTA just lost key support at 13000 Satoshi and looking for support at 8500 Satoshi. RSI is in oversold region in daily chart, so 8500 Satoshi will most likely be support for IOTA.
Zil
Zilliqa recently lost the support at 700 Satoshi level and looking to find support at 550 Satoshi.
I will keep updating this list as the time goes on.
Happy trading!
IOTA break -30% gains since 88 centsHello dear IOTA traders, hope you're doing fine guys! :)
Since the break out from the big descending triangle, we have made 30% to the downside -congratulations to everyone who played this!
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!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA forming nice EQ on 4HDear IOTA friends, hope you're doing fine! :)
As you know guys, we had the huge break out the descending triangle, before shooting up to the upside again: This gives a nice equilibrium for the market, which is now playing out. 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!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
A trading opportunity to buy in IOTABTCTechnical 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 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000117 to 0.000089). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000117)
Ending of entry zone (0.000089)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000155
TP2= @ 0.000186
TP3= @ 0.000204
TP4= @ 0.000247
TP5= @ 0.000290
TP6= @ 0.000334
TP7= @ 0.000474
TP8= Free
A trading opportunity to buy in IOTABTCTechnical 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 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000117 to 0.000089). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000117)
Ending of entry zone (0.000089)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000155
TP2= @ 0.000186
TP3= @ 0.000204
TP4= @ 0.000247
TP5= @ 0.000290
TP6= @ 0.000334
TP7= @ 0.000474
TP8= Free
IOTA break of descending triangle + 20% RSI bounce gainsHey guys, hope you're doing well! :)
IOTA broke this huge descending triangle with 10% gains to the downside + 20% to the upside! Watch to see, how you could've played this volatility.
If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.






















