Hey guys, IOTA is at an important channel support right now, with the lower wick at 1.13. This channel support is upholding since 6/30, and a break here together with granpda BTC would be decisive. We're right now still holding 26 EMA both in IOTA/USD, as also in the direct correlation of IOTA/BTC. There we have established a support line around 0.000175 => Once...
Weekly Looking at our highest timeframe we see price has found major resistance at 24000 leaving us with a double top. Since then price has retraced towards our 15000 psychological support level, where we are now looking to form a wammie double bottom. Stochastic RSI showing momentum is starting to bottomed out. A weekly close above our 18000 resistance...
Iota is nearing a possible breakout with 54% possibility of upward breakout according to prior cryptocurrency pattern breakouts of symmetrical triangles. We also should not disregard possibility of downward breakout which stands at 46% possibility. That is why we have Safe SL outlined on chart. Most breakouts occur within 70% - 74% of pattern progress, however...
Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 23rd of June 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 17.72% PROFIT!!! The increase in price may also be explained by positive developments including: April 20: ...
New Stop Loss on 0.00017386
In the recent days, IOTA has moved higher, breaking out of the wedge that trapped the price action in the last week or so. After moving sideways, the price pushed below the previous low in early June and it did not stop since then. Only around 0.0001530 the coin created series of the same lows while having lower highs - which ultimately meant that one out of two...
BINANCE:IOTABTC 1D Chart, also works in 4H, at this time IOTA (IOTA) is moving up from the SUPPORT ZONE (0.00015000 BTC), gaining strength to increase its price. The 50, 100, 200 MA 100/200 days signals are moving into a convergence crossing descending stage, which is not quite good if keeps going down (YELLOW ARROW), but the MACD Indicator signals are about to...
IOTA has broken the resistance and bounced upwards, but could not follow up with more gains because of Bitcoin and its drop in price.
Hey guys, just like I've been posting yesterday, we have broken the equilibrium in the 4H bearish together with grandpa BTC & reached the previous lows at 0,88 with more than 5% profit potential . So: If you played this like I suggested: Good for you! Now it might be time to take profit (if you haven't so far) & wait for further price action on Bitcoin . We're...
Hey guys, IOTA, just like grandpa BTC is right now in a tightening range on the 4H with the 1,02 long wick as resistance & 0, 918 as support. A break here is coming rather sooner than later, and will see a big move. Of course, the direction will highly depend on BTC. A bear break is looking at 0,88 at least. Should those not hold, next supports in the Daily...
ALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC. THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION. See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to...
Much of this TA assumes BTC remains bearish into July. A sudden BTC swing up could invalidate this. I like IOTA for an EOY gain. I'm not convinced it is a project with a five year future. Most of my crypto strat is too acquire more BTC, and that's my intention here.
If we will see some good moves from btc , then this target is possible. Good luck to all
IOTA is on major support and is likely to go up 1)The first major long term support of IOTA is 0.00018849 BTC level at which it is trading now. 2)The second major support of IOTA is the long term uptrend line which is shown in sky blue. 3)The third support for IOTA is the 61.8 Fib. Retracement level. 4)Stochastic also indicates it is in oversold level. 5)The...
1D Timeframe Price playing right now at premium support/resistance level since Dec 2017. If price holds (which is showing some signs of doing so in lower timeframes) could send us to previous local highs at 26k/28k sats. If it doesn't hold we would be looking at price ranging between current support and our lower one at 13k sats, which would be a pretty...
Coin of the day is IOTA Coming back to IOTA, which did not manage to break resistance last time renewed January lows, and now showing hints of turnaround. 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 “Ledger of...