Iotabtc
Massive Triangle on IOTA/BTC - Break-Out Within 2 Days IOTA has been consolidating since the recent run-up. During this period the price has moved within a very solid triangle on the IOTA/BTC chart. The triangle is pointing towards the very end of 2017 (the next one or two days). Considering that IOTA has fallen behind to 1.7% market cap share of all cryptos combined (currently IOTA has fallen behind Cardano), an upwards correction seems quite likely.
IOTA/BTCAchat si cassure de la downtrend (bleu)
TP 1 : 30K Sat
TP 2 : 40K Sat
Le BTC bearish donc possible retournement
Prudence en ce moment
(C'est juste une idée les guys)
IOTAVery simple,
1 first target : 4.97
2 target : 7.50
Take 100% profite like my previous analyse about LSK
Iota, Which Way Will It Go?Is Iota about to drop closer to the EMA 50? Or will it rise? It's always hard to tell which way an expansion is going to grow. Ichi moku cloud (not shown here) recently had a TK cross predicting a bearish trend (depending on input selection)
IOTABTCIota presents /get us such impression/ of evolving implusive upward structure. As for now we should be observing /next couple of days/ some significant rally that could confirm my designed potential movement outcome. Any price cross below is treated as decline of scenario.
IOTA - Short Price Decline - Subsequent PumpIOT should be comfortable testing the $5.00 price line (IOTUSD) until a confirmation in either direction confirms. Currently, RSI, MACD, MAs support price decrease, and this is even further supported if the resistance at $5.00 holds up for 1-3 days longer. If we land at ~$5.25, there should be a price increase, and given the On Book Volume there would be a massive price increase if the volume begins to take off. If we stay above $5.00 but under $5.10, we should see some more flirting with the $5.00 price line and need more confirmation.
Should IOT stay below the $5.00 resistance while increasing in volume, I wouldn't wait for a drop much larger than $0.25 before buying into a mid-term pump.
Bollingers are showing that the current price is overvalued by almost 2 standard deviations, thus supporting at least a small price decline (1 current standard deviation = ~$1.00). Ergo, if downward movement begins, it's not unreasonable to expect a ~$1.00 price decline for a buy opportunity of ~$4.00 (depending on what the "new" Current Standard Deviation is equal to).
Overall, IOT should see another massive growth pump within 10 days, but it depends on how the next couple days shake out.
I'm cautiously buying IOT at it's current price, only if it drops to ~0.000282 BTC/IOT, but I'm hopefully awaiting a price adjustment(s) to ~$3.50-4.25 in order to buy more before the next takeoff (approximately 0.000262 and 0.000235 are future targets if decline is triggered).
Words to the wise: BTC is in a downtrend, but it is starting to show signs of breaking back upward--and we know how quickly it goes up. Take ANY Altcoin advice you are reading with TWO grains of salt. I do not advise risking more than 5% of your BTC on IOT at the current price (because the downside risk is larger than upside), and I certainly don't advise trying to buy into Alts while BTC is low. Yes, you may come out on top of very few coins that essentially "magically" move up alongside BTC pumps, but the reality is that you are almost guaranteed to lose BTC if you buy Alts just before a BTC pump.
My stop losses would be reflective of BTC price movements upward to over $17.5k if risking 5% of my BTC.
Cheers, and good luck on your trades,
-Jordan
P.S. Please like or share if you found this analysis useful, and don't hesitate to leave me a direct message or comment on this Idea if you found it interesting, have more questions, or think this is entirely too wordy for what people are looking for--sometimes I enjoy hearing myself type more than a regular human being...
IOTA Buy Set UpIOTA is one of the top cryptos around not only in volume also in what the coin is itself and what is behind it,in the near future i see it reaching a price of $7 to $13 but right now price has been growing very fast,today as one of the top ones it followed the correction of bitcoin breaking below the previous daily structure but leaving a big and long wick and retesting the daily TL and MP with the daily and weekly 38% fib (yellow and white one) ,indicating manipulation since that long correction candle just closed above the bottom of the structure,now we have an invertedf H&S in formation so now i expect price boost to the upside
IOTA is ready to bullish runIOTA now is the biggest sleeping monster, you can't image how big it will be in the future.
We have big stron support at 5$, price is floating for a few days. Strong buy what its means? Whales did shopping and hold IOTA for future.
Also you can find on bittrex code IOTA, soo in the future we will see IOTA on Bittrex.
You only need to HOLD.
My latest buy sell strategy a daySo- I've been playing bit around with the macd on 1h/15minutes.
In, graph you can see when I bought ( green arrow) and when I sold IOTA and then bought again some more+ ones I sold the first time.
Anyway, If I combine the two indicators macd and cm_william.. between those two I can clearly see picture when to buy and sell as long as the overall lines are well above the middle point and well below the middle point. At this time I am keep holding the IOTA as it seems like it will go UP.
I first started using MACD week ago and it did help few times to get good differential buys and sells.. (see RED / GREEN dots).
Thoughts ?
What is your favorite indicator?
FYI: Make sure you are on reddit under /r/iota -- its a goldmine to find out news before hand.
IOTA Buy OpportunityIOTA has always been one of my favorites and the recent struggle with their wallet has led to a cooldown in price action.
Now we see the price action moving once again and we see IOTA breaking out the Ichimoku cloud and see the beginning of a green cloud forming.
RSI also confirms bullish price action.
- Mind you all to look at the scale of the chart.
Follow the IOTA team at their Slack Channel: slack.iota.org
Some very interesting updates has been announced
Look at the update and then take a look at the chart again.
Good luck on this trade!
Cheers ;)
IOTA Breakout is confirmed according to Tom Demark count. IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal.
This rise happened because of Robert Bosch Venture Capital news:
www.huffingtonpost.com
First resistance: 4.9
Second resistance: 5.5
I expect the first resistance will be broken easily.
If we reach 5.5 area we will get a new all time high because double tops near all time highs are unicorns.
My advice for IOTA: Buy and hold.
My forecast for IOTA: >100 at the end of 2019.
IOTA/BTC - Falling wedge - INCOMING RUN-UP?IOTA/BTC is showing a falling wedge in the 4-h chart.
Price just bounced on the 200-periods SMA (green line) and is now testing the resistance line.
The MACD looks like it is curving up and the RSI shows a divergence (in spite of a lower low in the price, the RSI shows an higher low).
This indicates a reversal of the current trend (which, in a small time frame, is bearish).
If price manages to break past the resistance line of the wedge (in yellow) and closes above the point where the 50 and 100 periods moving averages are converging (about 0.00024 BTC), I believe price will shoot up again (my conservative target is at the 78.6% Fib. retracement of the previous run, at 0.00037 BTC, but price might revisit the previous high at 0.00045 if not go higher, I will not sell all my position).
An entry point, if you want to buy the dip, could be if the price was to double bottom on the 23.6% Fib. retracement at 0.000169-0.000170 BTC, where also there would be support coming from the wedge and the 200 periods SMA.
If you like entering trades when price breaks above a resistance, I'd say a good entry point is just above the 0.00024 level.
I am not going to put stop-losses on this trade.
I like IOTA in a fundamental way, and if price was to go lower, I'll just buy more of it once it hits previous support at 0.000083 BTC.
This is not financial advice, this is just my opinion. Any comment is appreciated.
Iota 27k satoshi ?My first idea. Iota seems to have broken Fib retracement line. I would expect 27k satoshi until tomorrow
No fee you say? That sounds like technology with some potential!When IOTA first came out I read up on it. It was interesting but I thought it was way overvalued.
I ended up missing this big rise. Today I am looking to add it to my portfolio as it's looking bullish to me :)
So this is getting in late, but I see much room for IOTA to grow. It's a a nice addition to any crypto portfolio!
Fundamental
This blog post from IOTA should be read. Setting the record straight.
I liked how they handled this situation. It shows good managment :)
IOTA is solid technology and putting some faith into the project could potentially pay of with a fairly good return.
No fees is a real good selling point with BTCs current condition.
They are working on some exciting things. Check their website (also really cool website! :P)
I have limited understanding with the technolgy just to state that, but I have heard good things from people I trust.
Technical
I like the IOTA chart :)
Overall I think we might be in the third wave and with much room to grow on.
So right now we are consolidating a little bit here. Testing some fibs. I have outlined a good buy area. Let's see if it can go down there before it starts climbing again.
The target I am looking at for this third wave is between the 3.618 (19.3 UD) & 4.618 (24.6 USD).
If this goes terribly wrong then the biggest support area is back at 1 USD. I dont see that happening, but I could always be wrong.
If the waves is correct then there could be a major fifth one later in 2018 with IOTA.
