IOTA seems to be readyThe great correction has been ongoing for 9 months. The period at the blue flag could be the capitulation zone. The main support was broken. After this the price has been consolidating and building a new bottom, or so it seems. The green arrows indicate points where the new support is tested over the last few weeks.
The biggest downtrend lines have been broken and IOTA has now corrected from the last pump after breaking these lines. ( Last 2 weeks ).
So it seems IOTA is ready for good news to have a lasting effect again. And good news is comming in Q4 with Qubic and partnerships starting with real life products in Q1 of 2019. ( With Volkswagen ( VW ). Also AUDI, Bosch, Fujitsu and big energy companies are now working with IOTA. In The Netherlands there is already a charging station for electric cars running on IOTA. And this is only the beginning..
Please let me know if you agree IOTA is on a breakout point and a good investment for the next decade or two. ( Or just a thumbs up if you appreciate this idea )
Miota
IOTA/USDT (Binance) 2h Chart- Long Trend At the moment, the price has nothing to do, and this is a strong sign of the bullish trend. Difficulties come with reaching the strong resistance (1.00USDT)
The currency is stable for now, and the developers have nothing to fear. I bet in this currency, and I expect a positive profit. :)
And do not forget to trade at your own risk. The market is in part quite unpredictable for pity.
IOTA lose your ETH !IOTA/USD falling wedge, broke important support line S1, going to the S2. CCI-Indicator is broken. Sell position.
IOTA/BTC possible great setupIOTA in pair with BTC shows a falling wedge pattern and huge support just here. It looks like a really good setup for a trade.
Of course there is a lot of fundametlals changing the game, like ETF supporting "only BTC" and leaving alts behind. If IOTA braks the support zone, the pattern is crashed of course. But our tasks is to find really good trades. This is one of them.
IOTA [MIOTA] log chart for further gains [BTFD]Using a quick log scale on IOTA price we can see a H&S formed and price came down and now has seemed to have bounced from the $0.8 area with a double bottom formation indicating a reversal
The price action supports a bullish rally at this point...
IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.
lookin for entry when it bounces off the trend line again or aggressively around $1 area
TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25
good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!
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IOTABTC - A Chance To Find Support Before A RallyPosting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are:
1. Above the 50 day MA (RED).
2. Above the 9 day EMA (Orange).
3. Above 50 RSI - Even better if Above 60 RSI .
4. Positive trend in MacD .
Coins already meet the parameters include VEN ONT BNB and EOS. ZIL will join them soon, as will WTC.
IOTA has an opportunity to be a perfect example of why I am confident when coins meet these parameters.
The problem: Will IOTA continue to retrace down?
My prediction - No.
Why? There is a reason why my parameters are what they are. I like multiple day/week long swing trades and I am relatively risk adverse. I like to buy a coin after its passed known resistance, when its bullish on the MacD and when its bullish or about to be bullish on RSI . I like to know that I have support close below my purchase price in the form of the 9 Day EMA and the 50 Day MA. Here, the price is currently finding support on the Fib Retracement level and is just below the 50 day MA. The 9 day EMA recently provided support on 5/30. Until a a candle closes below both the 9 Day EMA and the 50 Day MA, I see no reason to think it will continue to fall.
How to play it: If not already holding, then wait to confirm the RSI bounce off the 50 and wait for the price to climb back above the 50 Day MA and possibly 9 Day EMA . I was holding and took profit above 25000 so I too am trying to find the right time to buy back in as well. The initial target will be top of the triangle pattern at around 25000, and then focus will be on the potential breakout which would create a new target of 28000 and require reevaluation.
If the current candle does not climb back above the 50 day MA and above the 9 day EMA, then the RSI is unlikely to bounce on the 50 RSI and we will likely see a further drop in price which I do not want to be a part of.
IOTA going down with BTC?Now we can see that IOTA just fighting on 200EMA... If the price will go below the 200 EMA we can see support right under the EMA on 1.5$ region.
I personally believe, that BTC will go lower and take Alts with him. So We can see IOTA around 1.3 - 1.1 where are strong supports.
IOTA/BTC UPDATE 3 (MACRO!)So I was just hanging around , looking at our sacred crypto charts and suddenly got tired of seeing those super long candles shades , which are reeeally annoying if you are trying to make some tech analysis . I turned on to weekly and here is what I found. I determined IOTA parabolic cycle for 133 days. These are 2 main options I suppose we have. Surely , there are many of them ( It might even go down! LOL), but I'm pretty confident it is either a fundamental breakthrough or a completion of a triangle.Not having any IOTA right now, cause my previous entry worked out the best way. Let's wait for a new entry point together. IOTA is one of the best coins around.
My advise for you guys : DO NOT TRADE CRYPTO , IF YOU DO NOT BELIEVE IN THE IDEA.
#rocketscience
IOTA/USD - LongHey, So we've being hovering around $2.00 mark in the last couple of weeks. Seems to be bouncing off the $2 resistance line. with a bit of news from Mobi, it finally broke the $2.20 and bounced straight off the $2.34. Hopefully with a bit more news, it'll break my $2.55.
Alternatively, if we don't surpass the $2.34. We'll bounce off the $2.20 and try the $2.34 resistance again. and again.
thirdly.. if $2.20 Fails to Resist. A magic $2.07 which was created last week, will help.
IOTUSD (Volume Analysis Prediction 4/24/2018)Ticker: IOTUSD
Exchange: BITFINEX
Signal: long - term @Long
Price in the upward movement, we expect a pullback and are looking for an input
Trading idea:
The market last week moves very quickly and without a price rollback,
It worries me, too fast growth - a strong pullback, this is a big risk.
Therefore, I propose an input from the mirror level that all bidders see,
Opening a long position at current prices does not give us the opportunity to competently control risk,
For this I want to wait for the best point, as I suggest to you
Entry point: 1.994
Stop: 1.958
Target1: 2.073
Target2: 2.188
Hunt this long-term Buy opportunity for IOTA / BTC..Technical analysis:
.IOTA is in Range bound but Beginning of uptrend is expected.
.In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index ( RSI ) is 42.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.00018 to 0.00013), if so, we would set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.00018)
.Ending of entry zone (0.00013)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000237
TP2= @ 0.000292
TP3= @ 0.000321
TP4= @ 0.000473
TP5= @ Free