Iotabtc
[MIOTABTC] IOTA Hits Bottom Time 4 Up [510% PP]Ranked on CoinMarketCap as one of the cryptocurrency with the biggest market capitalization, MIOTA is sitting at #13 in the Top20.
Let's start with the overview of the project.
MIOTA (IOTA) Overview
What is IOTA?
A permissionless distributed ledger for a new economy
An Open-Source Distributed Ledger
The first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.
MIOTA Trade Analysis
Let's start today with the daily chart, this is the chart that we will use for this analysis:
Our 2017 support has been touched, marked with yellow square... And trading volume had a massive increase after this support was touched, signaling interest for this altcoin at this price. MOITA starts to move.
MACD is now trending on the bullish side and RSI is coming out of oversold.
We are now trading above EMA10. With MIOTA consolidating for over 80 days, I believe it will move up next.
Let's trade.
MIOTA Trade Instructions
Buy in: 0.0000738 - 0.0000791
Targets for IOTABTC by Alan Masters:
(1) 0.0000921
(2) 0.0001061
(3) 0.0001191
(4) 0.0001291
Longer term
(1) 0.0000141
(2) 0.0000161
(3) 0.0000181
(4) 0.0000201
(5) 0.0000221
(6) 0.0000261
(7) 0.0000281
(8) 0.0000321
(9) 0.0000411
(10)0.0000471
Stop loss: Close daily candle below 0.0000672
Capital allocation: <10%.
WISHING BLESSINGS
Wishing you many blessings for today...
Namaste.
IOTA/BTC Opening two positions if everything goes well.This is just a test.
1st : sell on top and re-enter after breakout confirmation
2nd: buy more if it breaks out and set stop-loss at first entry point
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
IOTA - Large scale potential Hi guys, this is my first IoT trade idea. I would be looking to make a long position as the price has broken above the descending triangle formed in early May 18' and looks as if it is currently re-testing this trend-line. The previous market high was $5.8 - the current price is 94% lower than that at $0.504. This presents a rather lucrative trade.
The Internet of Things market is predicted to consist of 26 billion units by 2020 - up from 0.9 billion units in 2009. According to researchers, this would generate 14.4 trillion in value; combination of increased revenues and decreased costs dispersed among companies by 2022.
I have not done enough research into this project to have confidence to invest myself or to advise any others to invest, but the sheer numbers of the potential IoT market should be incentive enough to encourage you to have a look into the prospects of this platform.
Losses can exceed initial deposits when trading in the various asset classes. You can manage your losses by using smart risk management. Identify your Entry, Take Profit and Stop Loss levels before you enter a trade.
If you stick by a smart trading plan you can substantially reduce your exposure to losses.
IOTA/BTC - Posible break-out soonJust a simple idea on how to win 3%-4%. Tight stop-loss ON!
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
IOTA falling wedgeIOTA's falling wedge trend pattern shows IOTA is set for some trouble and will not show signs of recovery until late quarter 1 or early to mid quarter 2 in 2019
$IOTA / $BTC 4H: Head & Shoulders PatternIOTA - confirmed Inverse Head and Shoulders pattern:
Breakpoint rate: 0.00007619
Take-profit rate: 0.00008300
Profit percentage (%): 8.9%
Stop-loss - 0.00007421
Breakpoint date : 2018-11-04 12:00:00
Timelimit date : 2018-11-12 08:00:00
Entry risk: -2.6%
Risk/Reward: 0.29
Possible pullback to KijunSen ~7592sat.
A bit risky trade - IOTA still under downtrend resisance line, and market not safe now.
IOTA / BTC Bull conformation?Looks like a good entry. C&H you simply have to trade. Can fail but statistically you have to.
IOTABTC LONG. WATCH FOR RETRACE TO THIS LEVELFollow for Daily ideas in Crypto and Forex.
Original idea by Ribz
LONG IOTAWeekly IOTA shows accumulation. Preferred weekly for a clear direction. As seen its oversold and been around the support zone 0.00007100. Breakout from the weekly wedge is imminent. Hodlers can accumulate for a good swing to resistance area 0.00013000
IOTABTC BUYHi there. Price is on a continuation pattern to the upside. Watch strong price action at the current price for buy.
Don’t take a trade if you don’t see clearly when big guys are in.
IOTAIOTBTC
Forming the accumulative triangle under the all time low price where we can go before the next cycle moving. Stoch RSI almost overbought, Aroon trend indicator still bearish and now IOTBTC near the resistance line.
Our loss limited 0, profit unlimited. Remember about capital and risk managment!
IOTA MIOTA MOON RIDE SOON! Personally, I love the IOTA, and this project is the strong with the charts & fundamentals as well!
I would love to buy around 0.00007400-7650!
using a stop loss is always necessary.
Selling targets choose for yourself.
Iota price analysis moving forwardAs seen we are at the bottom of the downtrend hovering at strong support zones of 7300 satoshi levels and bouncing back. I sense this is accumulation happening around here and price should breakout regardless and minor + - scenario in case BTC goes haywire. T1, T2 and T3 are mentioned with a strong resistance area around 0.38 fibb levels. Please contribute if you feel what I see is a possible trend moving forward.
Thanks
