Iota has started an impulsive wave sequence Currently it is being supported by 20 & 100 DMA's at 1.68 & 1.61 repectively. Wave 1 made a swing high of 1.66 Wave 2 retraced till 61.8fib Currenly Iota has broken above the Wave 1 high at 1.66. Wave 3 expected as 1.618 ext of Wave 1 , T1 comes at 2-2.05 Wave 4 bullish 38.2fib retrace around...
TL:DR Bullish momentum developing on the eve of 'Q' announcement, if it lives up to its billing then I expect a break of $2 all the way up to $2.50+. Underwhelming news could see us back at $1.50 This is the Iota:USD chart with 1D candles. Here is what I said last update "HOWEVER, this chart doesn't show me strength and, unless there is some legitimate good...
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.
IOTA, IOTABTC a popular top 10 coin and has had a huge run-up last year so let's see how it's doing at the moment. Analyses - After a good consolidation and retracing all the way back to the .618 - .65 fib area. This is a good area for support and some buying action. - IOTABTC did manage to break out of the fallen wedge pattern rather forcefully. The spike...
Trinitywallet has been released. The wallet looks good ...the chart even more.
Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade. RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern. Favourable Risk to Reward here Entry: @ $1.68 - $1.61 Stop-Loss: @ -8% TP1: @ $1.96, TP2: @...
Hi guys, first publish on trading view. Just to let you know my idea on IOTA. very bullish. thanks, O
Rsi has bounced from our second support near the level of 40. Can we touch the 80 mark on rsi again soon? NOTE - 1.This is not an investment advice, its just for knowledge purpose. 2. Any suggestions or idea will be appreciated as I am learning TA.
Trinity Wallet out. June 3rd should be another pump if BTC is on uptrend as well.
My last chart for IOTA hasn´t been very kind to the token. It showed a harmful correction to a level at 0.37$ - what is still possible - who knows the future? In this chart I combined the chart patterns with the EW, even when some are telling me that EW is "rubbish". First we see a long negative trend channel, beginning at ATH and ending at the last low. It has...
IOTA finished major 1st cycle and I'm assuming that we're currently in the beggining of second one. Big wave 1 seems to be finished and we entered bearish wave 2. Now it's a tricky situation, because we're still in bearish market, and alts are moving very slow. Trading in a market like this one, is not for begginer traders as it's very difficult and tight...
Zooming out to view the big picture. While the majority are waiting for the bull run, it may be wise to get in before the crowd. Iota looking bullish to me, with a short term x1 (July?) and long term 400% gain likey Of course in my view. Further lows may be likely in the short term. ' On Sale now'.
I think that IOTA might have a spike in the price soon because of the Double Bottom Pattern that is shown in the chart. How the Double Bottom Pattern works, in the chart you can see where the price first hit the support line and when the price touches the Predicted second time it might touch then it might start going towards the Resistents/Ceiling.
IOTA one of our HODL COINS! Working in some huge channel formation leading up from the beginning.... we should still see a retracement down to 1-1.2$ - accumulating as much as you can in this price will make you very rich indeed come a couple of months down the line, when we make our way to ATH's expect up to 5x ROI. I also expect more downward action as i see...
I still beleive $iota could make a new ATH against btc in the next 4 weeks.