you can see how perfectly IOTA acts along those fibonacci levels. I'm just saying. not a financial advice
Iota is holding strong above EMA 50. In the first hit, have seen +55%. In the second hit, have seen +110%. Now, in the third hit, +55% = U$1,85 and +110% = U$2,50. RSI is holding VERY STRONG above 50 level. Totally bullish scenario. I believe in U$2+ on the next week.
IOTA broked the downtrend line (green line, 900 days). Weekly candle closing above U$0.44 confirm the breakout. TARGET: U$0,80
The resurrection until Easter Sunday is now already stretching to Christmas. But there is still more to go. Next target is 0,60 USD or 100% again. Greetings Stefan Bode
On D1, the RSI reached the oversold level, after which the price formed an initial upward impulse. On H1, the RSI also reached the oversold level, indicating the end of the local correction for the first upside impulse. Also, the price found support at the Fibonacci level of 38.2% (mirror level of 61.8%). We recommend buying IOTA in order to hold the position...
Idea for IOTA Price may push through too the next Gann area if the bull flag follows through
It's moving in the channel. Now we're standing in the middle of the channel. We're also standing at $0.20. I'm gonna try the log to the upper edge of the channel. Cancel long position: breakout of the zone 0.20$. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! --- This is an update from my previous idea, plz here you can find attached. It is an important event in nature as it is the intersection with the MA200. We don't know for sure the outcome of this action, although at least we expect some interesting...
Another educational chart. Just an image, an instant of time captured in a chart.. Could be beautiful, isn't it? What are your thoughts? Is it going to break it or not? You know the rules. Thanks!
Some speculative theory regarding the decaying nature of major altcoins, It can be seen that in the outer 1.618 fib ring in the ealy days of IOTA decay was present before lift off. Is this happening on a larger scale? Two pumps to .5 fibonacci retracement level support this theory that the next fib transition will produce a bullish outcome.
IOTA Looking to trend down along the Gann line of 2/1 Looks bearish on this small time frame but on a larger time frame this can be observed from both angles as very bullish I was long once on IOTA, F Can someone let me know if im doing this fibonacci thing right? I've been doing it for a little now
Gaussian channel donger has formed, this is present across a wide range of crypto currencies, intentional? I hope not. A falling wedge can be seen to have also formed which has led to a climb back into the channel, this may lead to more upsides for the coin. Quite funny actually..
IOTA is currently testing the top of its bearish channel, this may lead to a retest of the top of the channel as it looks more like a breakout rather than a retest. Alts are pumping, bitcoin dom is dumping!
IOTA has seen a drop out of the wedge, this can happen with falling wedges and the outcome may still be bullish. Since the drop, IOTA has climbed back into the wedge which has primed it for further gains.
Priceline of World's 23th ranked cryptocurrency out of more than 2300 cryptocurrencies IOTA (MIOTA) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern...