Was asked to take a look at IOTA, Iota is a very clean graph and it appears to have retraced and forming the typical consolidation after a completed cycle. I like this graph and appreciate someone bringing it to my attention. I do not know much about IOTA and to avoid being influenced by anything but TA I did not research the company only looked at the graph. ...
... is getting faster exponentially with each new contract ... and is fee free, once one of the major intergations hits ... the sky's the limit, till then it works mostly like any other altcoin in top 10
We have a bull flag pattern .. Also stoch is over sold ... IOTA has a great future Ahead...All Coins are Pumping ... and I think its a great idea to get ready for another Run on IOTA... Happy Trading
IOTA has some bad days in this bull run for ALTS. If it drop to 17-18K Level it can go back to +20K easily. But if you keep dropping after than 17K. For example if u see it at 165K. It is bad signal. You can still enter at 16K level but you should wait mid term to sell it on 20K. More last minute signals: twitter.com
The confluence of the 38fib and valley of the double-top provides strong structural support. If this level fails, expect a drop, probably to the 61.8.
IOTA might found its top for a while. There are increasingly bearish signs, like RSI divergence and broken support. Still, the uptrend is not broken, so I would not short it.
IOTA Expect to trend reversal and may fall back to 0.000163
IOTA is one of the next big thinks in Crypto. Indikators seems ready for UP.
IOTBTC looks to be consolodating before taking a move higher. Fib extension c. 0.00034 Measure move target is 0.0004
IOTA is re-establishing a new upward trendline vs. BTC. Have patience and wait for IOTA to be added to other US exchanges and then MOON! Announcements are imminent...
In coming days IOTA is going to be more then 35 - 65% UP ...
As IOTA reached its highest historical price there is high probability to see price reversal. SMMA 8 crossed SMMA 24 and want cross SMMA 48. I see two options: 1) If price will break strong support level and then break uptrend line it can fall down into 0.5 - 0.618 fib zone or even lower where it'll reach next strong support zone near 0.786 2) Another case can be...
IOTA / BITCOIN Pattern zone 38.20-50% fibonacci's lvls
IOTA formed a shortterm ascending triangle which is very likely to be broken upwards, turning the sideway movement into an upward trend. My guess is it will break it in +/- 4 hours. Indicators look pretty healthy, MACD is about to flip upwards, confirming the prediction. Thoughts are welcome! :)