A group of altcoins has reached rock-bottom twice now and they seem ready for a bull run. Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Always use a stop loss, and good luck in your trading.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Im a big fan of Ripple (XRP) Over the months iv'e started to speculate a wider range of crypto currencies and there behaviours
and this chart is one of the Few that Really stand out to me.
One not to miss...
------ Side note for those following-------
This is an investment type of strategy and not something i am TRADING !
the price levels and buy entires ...
IOTA Has finished wave 1 according to my elliot wave count.
A falling wedge has formed which is a bullish fractal and can confirm the trend reversal once a breakout happends.
We can expect an impulsive wave 3 these coming months.
IOTA fluctuated within a narrow range on Wednesday and remains neutral and Thursday. The situation is unclear as the currency pair is close to June’s lows. Neither bears nor bulls control the market.
The currency pair has broken through the ascending trend line on Tuesday and has successfully tested the support area at $1.0145 on Wednesday. There is no clear ...
I've followed IOTA for the past 5 or 6 months.
What I've noticed for most of those months is IOTA struggles to go much higher than $2.
But I have noticed that IOTA does bounce nicely if BTC is in recovery mode for 3 to 5 days.
We are currently just below $1. Based on what I see here ... I'd say anything down to around $0.7 is a reasonable
buy ... but, you'll ...
Fibonacci is one of the best technical analysis tools available for trading. It is well respected among technical traders, it good gives signal when drawn properly and i think this one of the well drawn FIBO on IOTAUSD.
Enjoy.
IOTA made significant progress last week but lost its positions. The currency pair looks negative currently as it losses more than five percent in the past 24 hours. However, we think that bulls still have power to resume the uptrend.
The currency pair reached the resistance area at $1.1321 during the weekend but failed to hold those positions and went downwards ...
IOTA BUY TARGETS. LOOKS LIKE A DEEP RETRACEMENT COMPARED TO THE OTHER TOP 20 COINS. COULD POTENTIALLY SEE IT GO ALL THE WAY TO THE BOTTOM OF THE PURPLE LINES, BUT GETTING LOTS OF CONFLUENCE NEAR THE TOP AND MIDDLE OF THE PURPLE LINES. TAKE A CHANCE AND PUT SOME BUY ORDERS NEAR THE BOTTOM OF THE PURPLE LINES, MAY GET LUCK AND GET PICKED UP BY A WICK. ALSO THE ...
Hey, short update.
Depending on the following Indicators the Bearish trend might be leading:
IOTAUSD Broke the resident Line.
THE MACD indicates a bearish behavior
Although the major parts of IOTA are traded in USD (according to coin marketcap) the courses correlates strongly with the current BTC behaviour. Here might be a small correction the next days ...
IOTA/USD increased a little after retesting the 1505% line. A valid breakdown below it will send the rate towards the first warning line (wl1). The perspective remains bearish on the short term as long as the rate stays below the minor downtrend line. It should drop if will close below the 1.22466111 yesterday's low
Hey,
this is just an idea how IOTA might develop in the upcoming 30-45 days.
We have seen similar Patterns in the past and a break out is possible. To be able to break out, IOTA Needs to proof the residentline of the past months. If this one breaks a fall back to 94 Cent or deeper is possible.
If the residentline holds a break out of the triangle is possible. ...
IOTA has lost -1.54% in the last 24 Hours where it found support at $ 1.32 after dropping more than $ 0.42 cents over the weekend as well as all cryptocurrencies, sellers still do not want to exit the market and they are pushing the price very much below today's center pivot point. The RSI and the Stochastic already appear saturated in the oversold zone so the ...
Potential retracement possible towards the 1.60 level, then aiming down for 1.30 where price currently is.
From that point, we can expect price continuation down towards 1.00 or price reversal towards 2.00
