Investors are unsure about IOTA right now. If the immediate support line at ,000302020 breaks, the price will further drop. Next stop is the uptrend line which forms to a certain degree a big flag including the big surge. ADX shows a bearish sign at 1h t chart as red has just crossed green and is about to cross the signal line. As long as the signal line does not...
Elliot wave seems to fit very well given current IOTA pattern. If it keeps following the Elliot wave impulse A good first target would be around $7 .
In IOTA, 3 important resistances seem to come together in one area highlighted with the circle. I believe, that if it breaks that resistance, it can go bullish again. Be careful though.. it has already seen explosive movement upwards.
Assuming BTC don't crash IOTA can push above past ATH . The ABC correction is finish, we may only need sometime for a consolidation.
Stop-Loss : 3$ Take-Profit1: 4$ Take-Profit2: 5.50$ Take-Profit3: 10$ // Long term
With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being...
IOTA had an incredible run over the last weeks. I have been aggressively buying into weakness in September and October below 0.45$. Now it is about to reach the 3.618% Fib extension at 3.78$ and is getting overbought in the short-term. I´d recommend to take some profits off the table and put some limit buy orders between 1,50$ and 1,90$. As far as I can see the...
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet...
It is incredible, right? Yes it is. I will write something more incredible. My safe target is : 5.44$. Dont be suprized :)) It is the safe one. My crazy expectation of IOATA is 7$. Therefore, LONG LONG LONG
IOTA has experienced a very powerful bull run in the past few days, we have formed a major resistance and support line you want to watch out for as the price is likely to fluctuate between these two levels. Currently, IOTA looks to be forming a double-top pattern which is a bearish signal, it is likely that we could see a drop back down to the support where if...
IOTA needs a correction. Strong support at $1.31
I see descending trade channel. We now on top of it.
The first publically accessible marketplace for IoT (Internet of Things) has been launched this week. Berlin-based crypto startup IOTA has partnered with Microsoft, Fujitsu and twenty other companies including Bosch and Accenture to develop a blockchain solution to data monetization via internet-connected devices. Analysts predict that business-to-business...
There are a lot of good news on the coin, therefore the trend in long should justify itself even with the purchase and hold mode. The best price to buy back is 1.90$. But actually as we noticed the correction on the 2.3 mark did not happen serious, for this we expect a fall to about 1.9 $ Those who hold the currency in LONG can already buy at the rate of 2.15 and...
Reffering to the Elliott wave theory, we asume that now IOTA's crypto currency is in the phase of the ( C ) - wave of growth (it's time to sell at 1.90$ and buyback on rollback) at 1.45$ dollas USD
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:...