Grab some IOTA whilst it is completing a retracement at around $2 price level, I have no reason to doubt that this coin has the potential to reach the $3 mark in the next few weeks!
This is just beginning, if you did not start to enter the previous calls (previous ideas) I think now the best opportunity to enter is to wait for the setback that you should have after getting the 0.618
I think that IOTAETH found a good support at 50% Fibonacci level, also 50EMA is going to cross 200EMA, which is strong bullish signal. We can make some purchases at this levels (0.0028-0.0030). Profit targets can be placed at 0.005 (70% of position) and 0.0067 levels (20-30% of position).
The idea speaks for itself. You have a pretty clear trend of IOTA breaking out from descending triangles. We know the payout can be huge. For this next run I'm putting a target at 31000 satoshi's. My timeframe is based on IOTA never making it to the corner of the right triangle.
Hello, crypto maniacs!
On the 4H chart, IOTA is currently sitting on a strong support (dark blue line), which is perfectly matching with 0.23 Fib Retracement level.
Above the current price, at 0.00024572 level (red line), IOTA faced hard resistance.
Note the white box, where this exact same level was serving as resistance, there IOTA pulled back before it's rise...
tomorrow is FUJITSU conference, I am really confused if we are looking for ending 5th wave as bigger wave 1, or this conference invalidates my actual count
if you have better idea by elliot wave rules, share it
I am awaiting higher high on daily RSI for confirmation - around 85
Hello, crypto maniacs!
As we can see on the 4H chart, IOTA reached hard resistance at 23187 level and pulled back, possibly going to form an ascending triangle.
This is my 1st chart on Tradingview and I will be happy and thankful to hear your thoughts about it!
If you like my idea, please give it a thumb UP:))
Thank you!
Hi guys,
i think we are looking on abcde correction for impulse wave up
look on histogram at 1h timeframe and RSI also, making triangles for big breakout
its best time to make your DYOR for IOTA background at the moment
i see 5 waves up -> possible wave 1 of 5 have done.
retrace below neon blue marked line invalidates count - closing below wave 1
we should retrace after 5 wave up, I see possible strong bullish scenario because we breakout with higher high, also breakout of yesterdays purple RSI line (tested as support, bounced higher with price action) - posted as abcde...
IOTA setting up for a major breakout. How far away? Only one way to find out, watch and observe the VOLUME. Volume drives price and right now it is staying consistent.. RSI is starting to curl upward with momentum. We have MACD crossing the signal line and Aroon is bullish. We broke through resistance at 18000 and key support at 17000 with the next support at...
