Iota is slowly grinding to touch the daily 200 ema.It has been consolidating for a long time and is ready to burst.Once it breakes 0.42 it is free to move upwards. But the rsi is also in shallow waters so be carefull- It might drop further. Resistance 0.4~0.42$ Buy now with a SL at 0.28$
IOTAUSD should take us lower (minimum 40%) going to complete a Symmetrical Triangle. We broke our longterm RSI support which coincides with the breakout of the triangle. Weekly 21 EMA was already rejected IOTABTC should also take us lower, but here we could soon have good RSI wedge support at 0.00004517 where I will look at possibly longing IOTA depending on the...
Is it just me or is IOTA a good buy? Perfected TD Sequential 9, plus some count downs, on the weekly. Three moving averages converging on the daily, and an ascending triangle. Seems good.
EW - Primary : in wave 3 - Intermediate : wave 3 ending (if not one more wave up) Buy at retracement to 0.382-0.618 fib level - $0.295 - $0.320 Target 1.618 fib extension, previous resistance and support - $0.407
Reason to Long IOTA - Breakout of symmetric triangle - 4hr EMA fanning out - Daily EMA expected to have golden crossover - BTC bullish sentiments Entry Point : $0.327 - $0.349 - 0.382-0.618 fib level Exit Point : 4hr chart to have golden crossover - Combined with RSI, MACD analysis
IOTA broke out of a large corrective structure, currently correcting that move and making the final C wave in this correction. Look for buys on the retest for upside.
It's looks like the cryptocurrency market is finally breaking out of the bear market and IOTA is one of the cryptocurrencies that is looking green for quite some time. It has been bouncing and gaining between resistance and supportlines for a couple of months now. I hope to see it gain while continuing doing the same.
IOTA/USDT- Miota forecast 4H/ 1D - up and minor uptrend Price move above support level --> positive situation BUY around: 0.335 - 0.351 SELL target: 0.401 0.453 0.523 0.650 0.720 Stop loss: Under 0.325 #TrungVuz News: ~ The crypto market warm, minor upward. IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed...