Iotabtc
IOTA in a bearish pennantIOTA is continuing its trip to the downside. The move that started around 0.0002850 has brought the coin all the way to 0.0000790. The coin also pushed through the 127.2% extension support and it has consolidated below that support since the initial break occurred. Moreover, the price action has created a bear pennant that has consolidated the price within a wedge. The wedge is now close to break and we are strongly favoring the continuation of the downside move. The bear pennant setup should bring the price action below the next key Fibbo support 161.8% around 0.000030.
IOTA equilibrium!Hello my dear IOTA traders, hope you're doing fine guys! ;)
IOTA is right now in an equilibrium between the ranges of 0.48 & 0.55 -a break here will be coming to the up or downside, highly depending on if grandpa Bitcoin can break its neckline at 6.5-6.600. => Awesome trading oppurtunity, if you can play in both directions. Have fun watching! :)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA For obvious reasons with the crypto market i would wait for more of a signal until entering a trade but my prediction for iota.
would wait for a decent cross of the 50ema before making a trade unless you have just bought iota on the low then watch for some resistance at the 50 ema to see if you want to take profit at TP1, if we see a break though next targets i think are possible over the rest of the month.
will be keeping my Stop Loss close. could possibly see another heavy sudden cliff drop again in cryptos (Bitcoin) but staying optimistic is usually more fun. I will be more worried by a subtle decline.
targets
TP1 8389
TP2 9435
(these targets may take longer)
TP3 10260
TP4 11101
TP5 12296
TP6 13796
Stop Loss
SL1 6948
SL2 6735
IOTA reaches lows at 40 Cents - Bull reaction normalHello my dear IOTA traders & hodlers,
IOTA reached 40 Cents, almost the same lows before the December parabolic moves: A reaction from the bulls here is very normal & healthy. Depending on grandpa Bitcoin, we could still see some upward potential to 66 Cents.
If Bitcoin cannot break the neckline, obviously we have downward potential up to 35 Cents at least.
I whish you a wonderful weekend! ;) If you're gonna trade in this environment, please make sure to set your stop loss!
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Alt coins that you should shortHello traders,
Here are the list of alt coins that I will be looking to short if it goes below the support line.
XRP (Ripple)
Ripple is currently at 5300 Satoshi, and if it goes below this support, then next support will be 3500 Satoshi.
IOTA
IOTA just lost key support at 13000 Satoshi and looking for support at 8500 Satoshi. RSI is in oversold region in daily chart, so 8500 Satoshi will most likely be support for IOTA.
Zil
Zilliqa recently lost the support at 700 Satoshi level and looking to find support at 550 Satoshi.
I will keep updating this list as the time goes on.
Happy trading!
IOTA/BTC TRADE - DOWNWARD WEDGE - CryptoManiac101This is self explanatory chart as always.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
IOTA break -30% gains since 88 centsHello dear IOTA traders, hope you're doing fine guys! :)
Since the break out from the big descending triangle, we have made 30% to the downside -congratulations to everyone who played this!
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTABTC - Simple WedgeBuongiorno, here's another fucking wedge...
Similar pattern to Dec/January wedge.
Huge impending % gain potential
Bottom target around 10000 sats..
Peace,
DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
IOTA- Entry point!IOTA dropped to a great entry point for both long & short term trades.
Keep you eyes on it!
IOTA forming nice EQ on 4HDear IOTA friends, hope you're doing fine! :)
As you know guys, we had the huge break out the descending triangle, before shooting up to the upside again: This gives a nice equilibrium for the market, which is now playing out. Have fun watching! :)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000117 to 0.000089). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000117)
Ending of entry zone (0.000089)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000155
TP2= @ 0.000186
TP3= @ 0.000204
TP4= @ 0.000247
TP5= @ 0.000290
TP6= @ 0.000334
TP7= @ 0.000474
TP8= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000117 to 0.000089). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000117)
Ending of entry zone (0.000089)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000155
TP2= @ 0.000186
TP3= @ 0.000204
TP4= @ 0.000247
TP5= @ 0.000290
TP6= @ 0.000334
TP7= @ 0.000474
TP8= Free
IOTA - bullish falling wedge, bounce on very high volumeIOTBTC and IOTUSD had today a very large volume spike, I expect IOTA to grow further in value here. Just a raw drawing.
IOTA break of descending triangle + 20% RSI bounce gainsHey guys, hope you're doing well! :)
IOTA broke this huge descending triangle with 10% gains to the downside + 20% to the upside! Watch to see, how you could've played this volatility.
If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA - Turning Back to Ascending TriangleIOTA trying to turn back ascending triangle right now. It is possible to say she will succeed if she close up the candle over Ma50. But she is still in descending trend.
IOTABTC Breakout from the descending channelTechnical analysis suggests that market conditions are favorable for this coin to bring profit. On a large timeframe scales indicators are bullish.
At the short term timeframe the price break out of descending channel. Moreover it enters Ichimoku clouds zone resistance level breaking it too.
Fundamentals of the coin are also great. IOTA is suitable for swing trade, short term trade and long term hold trade.
Signal was posted in the Premium channel 3 hours ago
IOTA: LongggIOTA has formed a symmetrical triangle that will most likely break out on the 5th touch (purple rectangle ). Based on that makes IOTA a great buy position.
IOTA downtrend continues, rebound in sight?Looking at the daily we can see it is continually dropping. The past 2 days it has stabilized. We are testing low levels not seen since early December and March 17. It was at both of the times that IOTA went on a bull run. We are also approaching what happens to be 134 day cycles. It will be interesting to see what happens from here, I personally am Bull.
IOTA ApprochingIota near buying zone around 1-0.5 $
potential target around 6$
50 Likes to get updated
IOTAUSD to drop by ~30 pips based on Trend AnalysisFollowing the trend lines, we can observe that IOTA will follow a downward trend, remaining within the main funnel. Since the shorter downward trend suggests movement within the main funnel, we can expect more aggressive swings as it gets closer to the trend lines. I will update you as the price changes. What do you think about it? Would it go under parity and stay there or?
IOTAUSDT: Price Near Longterm SupportIOTA is hovering near its longterm support - we will use this opportunity to open a small position with a tight stop loss targeting a 50% fib. retracement from the previous high. This trade has an excellent risk reward ratio as long as you adhere to the stop loss (on candle close)
Buy: 0.98 - 1.00
Target 1: 1.16
Target 2: 1.34
Target 3: 1.59
Target 4: 1.89
Stoploss: 0.87
