IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal.
This rise happened because of Robert Bosch Venture Capital news:
First resistance: 4.9
Second resistance: 5.5
I expect the first resistance will be broken...
IOTA has always been one of my favorites and the recent struggle with their wallet has led to a cooldown in price action.
Now we see the price action moving once again and we see IOTA breaking out the Ichimoku cloud and see the beginning of a green cloud forming.
RSI also confirms bullish price action.
- Mind you all to look at the scale of the chart.
After finding support at 0.000185 IOTA bounces up and resumes uptrend move.
Currently fighting resistance at 0.000225 once its broken we can set profit target to 0.000325000 where is the major support.
Once its broken, we can set profit target to 0.0004 following the ABC pattern.
Any comments or suggestions? Let me know ! :)
Iota has had a hard time the last few days.
As mentioned in my previous analysis, IOTA has a strong potential because of their tech and multiple other reasons.
But did chrismass come early this year and will we see IOTA go to the moon.
I think we can reach a relative moon (our moon) (6.8-8.2$) today and then it will stabelize for a while.
But maybe IOTA will go...
Today's rally is another small indicator that the IOTA mission to the moon is once again underway.
The perennial symmetrical triangle seems to be forming, coupled with a continued decline in BB width. The 0.382 resistance has also been tested three times in the past four days. Promising signs.
This is not financial advice.
IOTA/BTC is showing a falling wedge in the 4-h chart.
Price just bounced on the 200-periods SMA (green line) and is now testing the resistance line.
The MACD looks like it is curving up and the RSI shows a divergence (in spite of a lower low in the price, the RSI shows an higher low).
This indicates a reversal of the current trend (which, in a small time frame,...
This was a TA that I've done a few days back. it seems that IOTA is following and bounced off the bottom trend line as expected, hence the massive growth in price at the moment. If the amount of volume stays consistent and this trend continues, we're very likely to really make it to "$10 before Christmas" as some people had once said. If we break through the...
Iota has recently seen a massive bull run in the market, however, it is currently stalling in comparison to some of the other cryptos today. Ever since the increase the coins movement has begun to slow down and we are now consolidating at the current price, this could be in preparation for another movement upwards so keep that in mind. It is unlikely that we will...
When IOTA first came out I read up on it. It was interesting but I thought it was way overvalued.
I ended up missing this big rise. Today I am looking to add it to my portfolio as it's looking bullish to me :)
So this is getting in late, but I see much room for IOTA to grow. It's a a nice addition to any crypto portfolio!
This blog post from IOTA...
IOTA is one of the altcoins I have the most trust in.
Right now lot's of people will not believe that it could go up again.
Quite normal, everybody was calling XRP a shitcoin last week untill it went up and we all were ripplelovers.
I've published another IOTA/BTC chart before.
Now I feel that there could be two possible futures for IOTA and I can't decide which...
Short analysis of IOTA (mid-long term)
Iota has been hyped recently and reached $5+.
The last time it has been in a down trend (bear market).
When we look at the chart we can see two strong trendlines.
A bullflag is being created and at the end of the flag, Iota could seriously moon.
Ofcourse, everyone could draw some lines and say, "guys look at this it's...