IOTA: LongggIOTA has formed a symmetrical triangle that will most likely break out on the 5th touch (purple rectangle ). Based on that makes IOTA a great buy position.
Iotabtc
IOTA downtrend continues, rebound in sight?Looking at the daily we can see it is continually dropping. The past 2 days it has stabilized. We are testing low levels not seen since early December and March 17. It was at both of the times that IOTA went on a bull run. We are also approaching what happens to be 134 day cycles. It will be interesting to see what happens from here, I personally am Bull.
IOTA ApprochingIota near buying zone around 1-0.5 $
potential target around 6$
50 Likes to get updated
IOTAUSD to drop by ~30 pips based on Trend AnalysisFollowing the trend lines, we can observe that IOTA will follow a downward trend, remaining within the main funnel. Since the shorter downward trend suggests movement within the main funnel, we can expect more aggressive swings as it gets closer to the trend lines. I will update you as the price changes. What do you think about it? Would it go under parity and stay there or?
IOTAUSDT: Price Near Longterm SupportIOTA is hovering near its longterm support - we will use this opportunity to open a small position with a tight stop loss targeting a 50% fib. retracement from the previous high. This trade has an excellent risk reward ratio as long as you adhere to the stop loss (on candle close)
Buy: 0.98 - 1.00
Target 1: 1.16
Target 2: 1.34
Target 3: 1.59
Target 4: 1.89
Stoploss: 0.87
IOTA: AUDI COLLABORATION - PROFIT = 10.11% !!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 24th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 10.11% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 20: Fujitsu is set to introduce IOTA at the Hannover Messe trade fair in Germany this month. A Fujitsu Full Node that is connected to the first K5 Enterprise IOTA full node will be unveiled at the event.
April 20: The IOTA Foundation (IOTA) and InnoEnergy Scandinavia (InnoEnergy) signed a Memorandum of Understanding coming into effect this month. The two parties will collaborate on the development of smart community solutions and business model innovation
April 21: Fujitsu full node demonstrated at Hannover Messe trade fair in Germany. This allows for machine to machine payments and secure component tracking between robots.
April 30: IOTA Snapshot outline. This aims to reduce the size it takes for nodes to save the entire Tangle (to disk).
May 1: IOTA Ecosystem website is released. This includes an IOTA Development Fund that provides financial support to developers who make use of the IOTA platform.
May 2: IOTA Foundation (IOTA) joins Bosch, Groupe Renault, BMW 4.20% -0.36% , Ford, General Motors, ZF 0.30% 0.09% , and other mobility and Distributed Ledger Technology ( DLT -0.68% -2.82% ) leaders to form a new mobility industry consortium fostering joint development of DLT -0.68% -2.82% standards, pilot projects, and open source software tools.
May 2: Forbes publishes article on IOTA's price rise.
May 3: IOTA Foundation is excited and proud to start the official unveiling of Qubic
May 3: Huobi to list IOTA.
May 17: Kontakt. io , the leading IoT 50.00% 50.00% (Internet of Things) location platform provider, announces collaboration with the IOTA Foundationt.
May 23: IOTA announces collaboration with the UN.
May 30: IOTA announces the release of it's Trinity Wallet for IOS and Android.
June 7: BitPanda lists IOTA.
June 22: IOTA and SinoPac team up to collaborate on digital innovations in the financial sector. SinoPac is one of the largest Taiwan-based financial holding companies which operate through the Asia Pacific
June 23: TipSection algorithm operates at 20 CTPS after IRI v1.5.0 was released.
June 25: BitPanda partners up with the Austrian Post to allow IOTA to be purchase for cash at over 400 Austrian Post Office branches.
July 8: IOTA participates in the first European smart city consortium (called +CityxChange). The consortium project will receive 20 million Euros in funding by the European Research and Innovation programme Horizon 2020.
July 26: Audi Think Tank & IOTA Foundation collaborate to explore Tangle-based mobility use cases.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
IOTA breaks key supportAs we correctly predicted on July 2, the IOTA performed a perfect re-test pattern and continued its downside move. The coin first moved out of the wedge and pushed higher after the consolidation move. Then it raced to the key horizontal resistance line, previous support, peaked above the resistance line two times before rotating back lower as it was unable to close above the resistance line. Usually, when you test support/resistance two times and the result is a failure, a strong move accompanies the following price action. The price then pushed lower in the first wave, created a minor correction, and then went almost vertically down to the key support zone around 0.0001300, the line that provided support to the coin two times in the past. IOTA again reacted from this level and bounced but the bearish force is too strong at the moment and we saw brake of the support and a close well below it.
In the same manner, we expect the coin to consolidate below then return higher to re-test the previous support. Given how strong support acted before, it is to be expected that the coin will fail and rotate back lower.
IOTA Sort positionWe are moving in falling wedge. I showed all targets and stop loss. We still moving in down trend
The end of the patternThis wonderful asset is at the end of the second triangle. At this stage there are two options: to fall to the bottom of the first triangle or to reach the resistance line of the two triangles (the purple line).
If we had asked that question a month ago, we could probably guess it will drop down, but due to great Bitcoin uptrend, it's now hard to say the exact direction, we should wait another 2-3 days for the answer.
iota near breaking dollar pointiota has been lately dissapointing, but if btc continues to rise in volume, the next wave will come for sure.
$IOTA/BTC ~ Bouncing off long term support.After $IOTA released their marketing video today, I wanted to see the cross reference between the fundamentals and technical analysis for a coin thats usually so quiet. And, as you can see they've timed this video nicely to support the technical analysis crucial point of bouncing off a long term support. I've personally taken a position in this trade from 0.00013000 with multiple entries all the way up to 0.00013500.
I believe we'll see a nice uptrend follow from here. My stop loss is in place under the support just in-case Bitcoin's actions cause a sell off.
Trade safe. Average in/out. Use stop losses.
IOTABTC opportunity for buy!Hello my Crypto friends!
Previous BTCUSD analysis work perfect. Take a look, and hit the like/follow button!
Today we are taking a look on IOTABTC, but at 1h timeframe BINANCE:IOTABTC . IOTA broke 1h downtrend and making flag for confirmation. At this timeframe we can see 1h divergence what could be a good sign. So, take that breakout with your own tested strategy and take some profit by moving your stop, because we are still in 4h downtrend. If i see corrective move similar to previous one (in ellipse) then i will expect one more move down, but i will update the charts!
REMEMBER: We are only interested in the buy!
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
IOTA - Potential Reversal or Trap?1. Using Gann Fan to identify major support/resistance area, IOTA bounced at an intersecting point indicating a strong support area
2. Bullish RSI divergence is being formed on the daily chart. Price is forming a lower high while RSI is forming a higher high
3. Symmetrical triangle is being formed indicating a breakout soon
4. Using Tom DeMark Sequential on the weekly chart, last week's candle gave us a TD Red 9, forming a TDST support at $0.93
I believe right now would be a great time to open a long position due to the reasons listed above. Stop loss would be at $0.93 where the TDST support and the Gann Fan intersecting point is also located at. Please note that the TDST support is not considered broken until the weekly candle closes below it, so beware of fake outs.
IOTA equilibrium, break coming!Hey guys, after the nice follow through of the Head & Shoulders reversal on the Hourly & 4H since my last idea, IOTA just barely established a 4H Higher Low, in this nice equilibrium we're building: We had $0,93 as previous Higher Low, $1.18 as Lower High, now we have $0,94 as new Higher Low.
=> A definitive break of this range will be coming, depending on what grandpa Bitcoin does, so keep the big picture in mind if you're trading IOTA, this will be an awesome trading opportunity.
I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA/BTC possible great setupIOTA in pair with BTC shows a falling wedge pattern and huge support just here. It looks like a really good setup for a trade.
Of course there is a lot of fundametlals changing the game, like ETF supporting "only BTC" and leaving alts behind. If IOTA braks the support zone, the pattern is crashed of course. But our tasks is to find really good trades. This is one of them.
IOTA Head & Shoulders reversalHey guys, IOTA, just like brothers ETH and NEO, built a Head & Shoulders reversal, confirming with the break of the neckline at $1.06
It's looking pretty 'old' compared to grandpa Bitcoin, who is surging due to fundamentals of a potential ETF coming up in August. We've broken both 4H EMAs 12 & 26 to the downside, while BTC hasn't even touched 12 EMA yet.
But nevertheless we're in a beautiful equilibrium on the Daily, with our Highs at $1.25, Lows at $0.93, and now Lower Highs at $1.20 => We're now looking to form yet another Higher Low: A break here will be definitive.
If you had some value from my analysis, please like & subscribe so you don't miss it next time, I'm doing it daily! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA - Adam and Eve Double BottomWe can see a repeating pattern of a falling wedge followed by an adam and eve double bottom, looks to be completing the eve bottom now and looks to be a good buy.
IOTA
BUY: 0.000154 - 0.00016
SELL:
0.00017
0.00019
0.00020
0.00023
0.00026
0.000275
0.00033
STOP LOSS:
0.00013
IOTA BTC falling wedge thoughtBINANCE:IOTABTC
Just an idea I see as of now. price can go down until it can go up again.
I am no professional, I am just a random person here learning as a go.
IOTABTC Waveform SpeculationsMade this for a friend so thought I'd share (not financial advise). IOTA / IOT has formed a pretty convincing bottom which would indicate the beginning of the next wave cycle, though this should be confirmed by trading volume... which at this point hasn't really been confirmed. I'd keep a tight stop loss just below the previous low point as inidicated on the fibbonaci level also. There is clear resistance ahead but if the price can break through this level we could see a bull reversal formation, which would also need to be confirmed by trading volume. If the price does break above this level and hole, then I would consider adjusting the stop loss to the current resistance level in future.
Undecided market in iota
this is a pattern that I have found and I will test it .. I will probably wait for the confirmation iota of at least 2% after point of entry in the arrow ...
Do not take this as an investment tip, I just '' study and train ''.
IOTA AT $1 NECKLINEHey guys, IOTA, similar to brothers BCH & EOS, is trying for a trend reversal on the Hourly & 4H, while big brother BTC is going for the Bull Flag right now. The neckline is at the important 1 Dollar. We have 4H 12 EMA as support, while 26 acts as resistance. => A bullish break could signal some uptrend potential.
=> But: Any break of that neckline has to see simultaneous break of big brother Bitcoin, otherwise it'll be a fake out!
In the direct correlation of IOTA/BTC, we're still holding important support at .15.
If we cannot break to the upside, we're looking at the lows at 0.93 & 0.88, which is a huge support & former resistance area. So, if you wanna play bullish , never forget: We're still in highly bearish terrain, any possible plays have to be highly secured & conservative in order to protect your money.
If you had some value from my analysis, please like & subscribe so you don't miss it next time, and watch my daily videos ! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
