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...
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...
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...
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...
IOTA 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...
Hey 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...
We 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
BINANCE: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.
Made 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...
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 ''.
Hey 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...
Coin of the day is IOTA. During the falling market, as always, we revise the bottom coins, which looks like a good opportunity to buy-in on a case of future growth. To recap what is IOTA: David Sonstebo, co-founder of cryptocurrency, states that it was developed to enable the “paradigm shift” to the Internet of Things by establishing a “de facto standardized...
part 1. Overall everything seems/is bad. Ill post part 2 later. I have to run some errands. Let me know what you all think. -Bry