another potential up move on iota (there's a possibility to make a new low if the last up move was a complete C wave )
IOTA After Jaguar partnership, we experienced a typical sell-off (exasperated also by $BTC's violent upwards movement). It was rejected at the yearly low's, currently near ATL. I'd like to see it reclaim white box before considering a long.
IOTA's falling wedge trend pattern shows IOTA is set for some trouble and will not show signs of recovery until late quarter 1 or early to mid quarter 2 in 2019
IOTA we have seen here symmetrical triangle and if Btc price not crash more so we'll see soon IOTA price expected 11k We have strong support 7400 sat See you next analysis.
As you can see on the 4h, after breaking down a channel several days ago IOTA started forming a symmetrical triangle which is about to end. This gives amazing return opportunities with minimal stop loss potential. My money is on a short, but it could go either way. If there is even a wiff of a dump on btc, I am pretty sure we can go to at least the mid .40s You...
Following the trend lines, we can observe that IOTA will follow a downward trend, remaining within the main funnel. Since the shorter downward trend suggests movement within the main funnel, we can expect more aggressive swings as it gets closer to the trend lines. I will update you as the price changes. What do you think about it? Would it go under parity and...
the trend line was break by buyers, after sellers returned the price under the trend line after 2 months. After breaking the trend line down, its test is now under way. If he is successful - then I see the following: 1) The price falls to the price zone 0.74-0.81 - from where it again tests the trend and goes 0.51-0.56 2) The price falls to the price zone...
Targets 1- 0.00020415 2- 0.00018926 3- 0.00017225 Bearish big trend. Positional trade, which takes time.
IOTA seems to be bullish and is riding on Elliot wave 1. It will break $2 and reach target of 2.1 soon in next few hours.
What do you think of it? Please leave a comment (english - french - german - spanish). Thank you. Merci. Danke. Gracias.
IOTA had a Death Cross formation on the daily chart. Death Cross is an important bearish signal generated when the 50-day moving average crosses below the 200-day moving average. Stoch RSI is over-bought on the daily chart which also confirms the possible bear run. I expect the price to drop till 1.2148 (fib. 0.618) Here is my trading idea: Short at: 1.31 Take...
There is limited data as Iota was primarily traded over the counter before being added to the first major exchange Bitfinex. Fundamentally everything seems to be on track but it won't be discussed in depth as is mostly about technicals and psychology. I will say that BOSCH opening saying they invested into the IOTA tokens itself is huge. A correction has taken...
IOT should be comfortable testing the $5.00 price line (IOTUSD) until a confirmation in either direction confirms. Currently, RSI, MACD, MAs support price decrease, and this is even further supported if the resistance at $5.00 holds up for 1-3 days longer. If we land at ~$5.25, there should be a price increase, and given the On Book Volume there would be a...