4 hour charts are great, especially when they align with the larger time scale, which is the case here & it all ends up the same at the end of Pythagoras road. Just a reminder to step back every now and then, take a breather and look at how lucky we are to be where we are and put it all into perspective.
In this case it ...
I had to reopload the idea since it somehow still showed the older version. I adjusted the fibonacci fan to a lower point in history.
Here I try to test the growth with the Fibonacci retracment and fan lines.
As you can see there are various point in this graph that match the Fibonacci rules, I want to see wether it will break through these resistance points. ...
We have successfully reached our target of $4.90 yesterday and BITFINEX:IOTUSD had immediately retraced back to $4.45 level. There's no need to fear, as we're still on a general uptrend. Notice the higher lows indicated by the green arrows on the chart above. I feel like this is a bear trap, so please, play smart and play safe. As of now we're testing the $4.45 ...
So here I'm trying the fibonacci sequences onto the graph of IOTA. I havn't done that much with the fib tools but after some reading I would like to test this Idea of mine.
The red points should be the points to buy. The retracementpoints will be the test whether it will bounce up as a upwards, or a downward trendline.
The elliot inpulse wave hopefully will be ...
Look at the chart and see if you like this setup.
This is IOTA vs BTC on the 4h Chart.
- Already confirmed a breakout, another close above the "green dotted line" and IOTA can enter some very bullish momentum.
- The MACD is about to crossover.
- Strong 4h green candle according to TD and Candle stick analysis.
- The globalists (Microsoft included) behind MIOTA ...
The high-flying rocket IOTA, which broke the cryptomarket's charts in recent weeks with a whopping 260% monthly gain, is taking off again. This time we are setting up a short-term long setup, based on Triangle pattern, with 20-25% growth potential. It could make more - that's the nearest target.
If price drops below 4.10, the idea is no longer viable ...
IOTA is possible in a Triangle. It has found massive support on the 3.50$, 3.80$ and 4$ levels. It seems it is consolidating for the moment being. It has reached the 5.15 - 5.35$ level and will get back there soon. If This happens a good chance that it will pump further to the 6$ level. With FOMO taking over it will even rise further. At the moment it is fighting ...
Friends, The pattern I look at here is symmetrical_triangle
The Breakout can be either side of the triangle, but as the coin has good fundamental and had the decent correction, I am looking for an upside breakout.
MACD's trend ...
The amount of novice trader panic buying at the all time high indicates a very strong resistance point at $5.5 as everyone is trapped there. A second resistance point is at $5.15 when we failed to break it on 12/6 and 12/8. A third resistance point is at $4.45 where we have successful passed and broke out on 12/7, but failed to breakout on 12/10. As of now we're ...
With a little adjustment I still think its best to wait a little longer. Correction should be done around 0.000261841.
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.