IOTA is looking fantastic, support and resistance is perfect. It might be a good idea to set buy orders at the support, be careful it does not break, however, this is probably unlikely.
Watch out for IOTA, we have a strong curved support which may help it break the next resistance. Orange - Resistance. Purple - Support.
Looking at the daily chart we have different bullish signals: - market is consolidating above MA100. - daily MACD crossed bullish For further confirmation we need to break downtrend Strong Support at 0.46 Targets: 0.77 and 1.0
Lets see if $IOT.X can sustain this higher low seen on the hourly. Upward momentum seems to be settling in. If it can push through previous resistance shown by the trend line, I see good things for IOTA's price action.
IOTA trap inside symetrical triangle pattern. This pattern have 2 direction break : If it break up : Bullish confirmation at 0.65415, and 110% ProfitMax at 0.985 pay attention on support at 0.83, if you see heavy drop at this level, secure your profit. If it break down : bearish confirmation at 0.4339 and bearish target as symetrical triangle projection at...
IOTA is waking up, with nice volume building, and candlesticks rejecting lower prices. Potential for 100% Fibonacci return. Target as described. GL!
Moment of decision for IOTA, which entered these days at critical levels. Sustained in 0.618, we see that it lost a lot of volume. Of being the IOTA / USD pair in more than 20M to be at the time of publication of the chart with about 7M to pay attention and keep track of. In the daily chart also we see that it is a very operated crypto. From a bullish candle to an...
In the next two months we can reach the 4$, but after that, it will drop hard.
IOTA has seen resilant support at the 0.382 fib level. Over the past couple weeks I see a pennant ready for a breakout. A breakout through the upper trendline is poised to passs the 0.5 fib level and test the 0.618 and 0.786 levels. Set stop orders for the lower trendline as a breakout could reach the 0.236 level. I've been trading within the wedge using the just...
I am very bullish on IOTA and own it, but I hate having to face this long term chart in the face of all the short term bullish charts floating around right now. This Daily Long Term chart says we are still clearly in a down trend for now. Every upturn has everyone excited and euphoric thinking that IOTA is ready to take off for the stars. You start to dream of all...
The profits retracements feels like a interesting entry point. In for the long term, with little partial profit taking in the meantime. My opinion though, only invest what you can afford.
I am a big fan of IOTA. The expected Head & Should pattern played out perfectly in the end although the market did everything to mislead bulls and bears during the last couple of weeks. I guess we just witnessed the bear capitulation.. Couldn't find any news that justify this sell off but as IOTA had gone up so much a nasty correction was necessary. All my...
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...
Análise em Português BR (Analyze in English below) IOTA vem fazendo uma onda corretiva que ja dura 19 dias. Nesse período, ja devolveu mais de 60% da sua última alta, chegando a romper regiões importantes da retração de Fibo. A correção terminou após chegar na região entre 61 e 78% de Fibo, respeitando a LTA e fechando o último candle do diário acima da linha de...