IOTABTC on 4-hr Chart. Just sharing my thoughts on the possible next move.... Please do not use this as a recommendation to go into a trade. If you want please go into the details of the TA by yourself. Everything now depends a lot on BTC and Market Sentiment. We have seen so many impulse waves get shortened after the 3rd because there simply isn't enough volume...
I think Iota has been in a range for the last couple of weeks. Traders will want to watch closely this channel as it would indicate wether Iota is heading for a leg up or the opposite.
dayline is trying to break the resistance now
Descreasing selling volumes on the 4H chart... Stoch RSI oversold... MACD is confirming the bullish divegence trend. In the 2H chart IOTA looks good..same characteristics than the higher time frame, but here we are over the Ichimoku Cloud - Lagging Span (2H) out of the Cloud is a bullish signal. All indicators tells me that a wave 2 is starting in the next...
My series on IOTABTC continue here. As predicted in Part 2 (scrolling down the post) after the upside move driven up by Bitcoin yesterday, IOTA move downside aprroaching the Kijun-sen of the Ichimoku Cloud at around 0.00014880; If IOTA on the 4H chart found support on that yellow line, it can go sideways for a couple of days and then move to the next resistance...
In next post -> Buy area and Targets
Here's the link to the first chart I published on IOTA last week: In the 4H chart IOTA has shown good strengh going over the 0.00014000 levels (increasing volumes). The green horizontal ray now I think it's a support area for the coin. It needs to going flat for a while inside the Ichimoku Cloud and then break upside the descending trendline (in yellow). Only...
Hello friends Should have a price of 22% growth. After the failure of the channel But the price formed after the defeat of the ascending triangle After the triangle is broken, the overlay is created by upgrading the channel So, our first target is between the overlapping prices of 16.810 and 16955 Note: We have the probability of forming the third wave of the...
This is my first post here, so take this with a pinch of salt! I'm wondering whether i've got the levels right and also the use of fibonacci. Basically I'm trying to put into practice some of the stuff i've been picking up from Philakone and Cash is King. Any comments / thoughts welcome. If I was going to trade this I would: Look to confirm the uptrend, It...
Like all of the other alts IOTA is also suffering from BTC volatility. I am expecting some movement soon as BTC is getting stabilized a little. We still need volume to breakout.. maybe couple days or maybe weeks.. but it will pop soon as the product has a good potential. PS: Accumulation zone!! Take profit at Fibonacci levels. Please hit "LIKE" to support the...
Here you will see a coin that's been in a downward trend for quite sometime and has a while to go. Quick lesson as to what you should of done for next time. Included this for free. Scary for all the bag holders, so many people hold these things until the death of the coin. I suggest you stop right now with IOTA. It's in limbo no support for another 10% down in...
Support around .000122 Resistance at .000165 at .786 FIB, expect bounce if BTC stays stable, expect it to drop to support at .0000823 if BTC tanks or rockets MACD looking like it wants to play bullish here Pray for BTC to stay stable This is not financial advice. Strictly a hobby of mine to help learn TA.
IOTA had been sold for a while now. If you look at the daily chart, from february 25th 2018 we had the first attempt to break the the descending trendline (in yellow). It seems like IOTA had found support at around 0.00014000. In the short term, like shown in the chart, if it breaks above 0.00014400 it will go through the resistence line (white dot line) at...
This is a HIGH RISK trade for short term and medium term traders if you enter today. Indicators starting with MACD and ending with Moving Average are all bearish and we personally will be watching from sidelines until we see positive movement. Great alternative investments are available currently. Do not invest what you can't afford to lose. We are not your...