Dear 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...
Technical 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...
Technical 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...
IOTBTC and IOTUSD had today a very large volume spike, I expect IOTA to grow further in value here. Just a raw drawing.
Hey 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...
IOTA trying to turn back ascending triangle right now. It is possible to say she will succeed if she close up the candle over Ma50. But she is still in descending trend.
Technical analysis suggests that market conditions are favorable for this coin to bring profit. On a large timeframe scales indicators are bullish. At the short term timeframe the price break out of descending channel. Moreover it enters Ichimoku clouds zone resistance level breaking it too. Fundamentals of the coin are also great. IOTA is suitable for swing...
IOTA 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.
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 near buying zone around 1-0.5 $ potential target around 6$ 50 Likes to get updated
Following 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...
IOTA 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:...
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: ...
As 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...
We are moving in falling wedge. I showed all targets and stop loss. We still moving in down trend
This 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...
iota has been lately dissapointing, but if btc continues to rise in volume, the next wave will come for sure.