It's nice to have BTC moving up again, it seems to have woken everything up. So been looking for some trades and I think IOTA is setting up for one. It might take a day or two to get into position. Want to look for it to pull back a bit, while the RSI's reset. Look for them to get oversold then start to turn then it will be time to buy. Hopefully somewehere...
IOTA broke-out the descending triangle. Next wave will be bullish.
Hello everyone and welcome to this analysis on IOTA: . As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has just crossed the EMA 52 representing a start of a bullish short to mid term trend...
I think IOTA can sideway withsupport MACD and Triangle Pattern Buy a fews and hold it IOTA is good coin in crypto Buy order : 0.00013000 - 0.00013500 Profit target (1) 0.00015000 (2) 0.00017200 (3) 0.00019800 (4) 0.00023600 Stoploss : 0.00012700 Good luck Everyone Thanks
I am a firm believer in IOTA. The potential for this coin is tremoundous. Despite the recent news of new members to the foundation, the price isn't budging much. It came close to shooting past the cup and handle formed in December but did not sustain. It also started the long wedge we have now. With no volume support, it could not sustain the pressure and the...
Nice potential return for remainder of this run. Could lead 55 EMA to crossover 200 EMA later on. First charted here...
IOTA went dip on April 1st and we waited till it forms a support to open this trade. Currently we see a good trading opportunity, indicators are positive and the price is near to the right vertex of the triangle. Moreover double (triple) bottom was formed.
Looking at the IOTBTC chart, I noticed that the price is under 2 important points of resistance. - The previous support which acts now as resistance at 0.000159-0.000165 - The Death cross (50MA crossing the 200MA) is just above the resistance Also I have to mention that I do not trade the death cross sell signals blindly. This time I like very much the fact that...
If the triangle breaks downwards, the next stop support level is at 12600 sat.
All indicators show short term upside but then some downside to make up for the fast incline. Then to the moon. The final price should be around .00038 BTC.
INTERPRETATION BINANCE:IOTABTC was considered an ambitious but promising project upon its initial release but has since lost traction. Within the past few months, similar projects have emerged including the mainstream powerhouse NASDAQ:AMZN showing indications of a similar vision. Furthermore due to simply the nature of the project, apparent advancement will...
IOTA had a Death Cross formation on the daily chart. Death Cross is an important bearish signal generated when the 50-day moving average crosses below the 200-day moving average. Stoch RSI is over-bought on the daily chart which also confirms the possible bear run. I expect the price to drop till 1.2148 (fib. 0.618) Here is my trading idea: Short at: 1.31 Take...
Please note that this type of recommendation is not followed up. Set your target and stop your loss yourself. If the analysis agrees with your idea of view (make sure that the analysis agrees with your idea of view, the analysis is not followed)
Hello friends, IOTA in the very tight sideways mode. And it's moving inside the channel. but the bull will come very soon. Now I am looking one more downside, which will give me the better price for buy. I want to put buy entry on the bottom line. If the price will break bottom line I will ignore it. because the downside is limited.