We have successfully reached our target of $4.90 yesterday and BITFINEX:IOTUSD had immediately retraced back to $4.45 level. There's no need to fear, as we're still on a general uptrend. Notice the higher lows indicated by the green arrows on the chart above. I feel like this is a bear trap, so please, play smart and play safe. As of now we're testing the $4.45...
The amount of novice trader panic buying at the all time high indicates a very strong resistance point at $5.5 as everyone is trapped there. A second resistance point is at $5.15 when we failed to break it on 12/6 and 12/8. A third resistance point is at $4.45 where we have successful passed and broke out on 12/7, but failed to breakout on 12/10. As of now we're...
Stop-Loss : 3$ Take-Profit1: 4$ Take-Profit2: 5.50$ Take-Profit3: 10$ // Long term
Tom Demark count gave a green 2 on daily chart. This is a clear buy signal for IOTA. Stoch RSI is oversold, this also confirms the breakout. There was a huge resistance at 1.04 area. This resistance is broken which also confirms bull trend. On previous breakout we had 0.60 USD increase. I expect a new ATH within 7 days. Here is my trading advice: Long at:...
In light of TradingView locking all of my posts, I'll keep these more brief and you can check out my Yours, in my signature, for a full breakdown. In August, IOTA was one of the mightiest bulls. A highly manic run to $1.10 had limited pullbacks along the way. The ones that did happen were bought up so quickly that it was like the splash from throwing a rock into...
descending symmetrical triangle pattern If IOTA price break down side way channel price goes to Fib 0.786 line.
STOP-LOSS : 0.87$ Take-Profit1: 0.95$ Take - Profit 2 : 1.10$ Take-Profit 3: 1.50$ // long term Good luck folks
IOTA had a good run in the past week. Went up from $0.40 to $0.85. Charts signal lower volumes and more sell than buys, VFI is bearish and the peaks are lower than previous ones.
Looking at the shorter term we might see a reversal. I am looking to see if we break the key resistance. if we break it we may reverse at the next resistance level. Just look out for reversal signals at these key price points. This is not an investment advice but just use as a reference. Personally I think we are starting wave iii of 1 of (3) which would mean...
Trying to see if this is a beginning of wave 3 which could take iota to many $'s or if this is wave B of 2 Just trying different stuff out and using this as a practice.
Iota has great future for long run but strong btc makes this bearish, this is great buy opportunity. When we see $1 price in 6 months this level would be "remembered" as a bargain
Is a very healthy pull back... As long does not break the .40 we are all good. Iota went up to fast. Bitfinex is the only BIG exchange that has it, so is all about their users... If happens the best prices to star buying back in my humble O is between are .40 to .55 (618 and 78 Fibs) But the real deal is to wait till the price breaks the solid purple down...