Get started

IOT

IOTA/USD - 2/27/2018IOTA has been a highly anticipated coin that suffered a huge price drop similar to others. Following this drop in price, it has now been forming into an ascending wedge and is looking up once again. The price has been forming this pattern since February and has used the trend on a total of about 7 occasions. This leads me to believe that the price will continue to follow this trend for the time being, meaning, the next couple of weeks. Inside of this wedge, there are profits to be made. The price is currently near the bottom of the wedge and has recently closed above the Leading Span B of the Ichimoku cloud, this indicates that the price may soon experience a bullish run. If this is true, the target price is set at the 23.8% fib retracement level, on the fib tracking the current downtrend. In the shorter term uptrend, we see the 23.8% fib also being used as resistance but much earlier. In confluence with a resistance level at $2, there is a high possibility that this level will keep the bullish run short before returning back in that direction. Important Resistance Levels: $2.185, 2.059 Important Support Levels: $1.769, 1.572 DISCLAIMER WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK. CONFLICTS OF INTEREST GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN. Written by: Arham Bheda Senior Research Analyst
BINANCE:IOTAUSDShort
by EQBM
5
IOTA Behind the CurveIOTA has edged upwards from the $1.60's, and $1.70's to finally gain traction at $1.80 at the time of this writing. There is a notable consolidation of volatility which could lead to a breakout soon, confirming entry into Wave 3 of the impulse of the Elliott Wave. We have support from below at $1.78, then $1.60, and finally we have $1.45, a Fibonacci level. Levels from above include $1.84, the central moving average of the KRI, then $1.95 and $2 are reasonable, and we must break these before we hit $2.20, after which, there is a relative vacuum zone until $2.25. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
Modum - One of the most promising blockchain solutionsModum is a very anticipated blockchain project. With their pharma first strategy they have made a very wise decision: They help the pharma producers to record environmental conditions while the product is in transit to the distributor or consumer. Thus serving a very big sector in the economy. They do this using their own sensors (which already exist and work) which senses only temperature at the moment but they say that they could easily add functions such as humidity sensors or photo sensitive sensors. As the European Union came out with new regulations which say that all pharmaceuticals need to be supervised during transit concerning temperatures. Modum is currently running successful pilot tests with big pharma companies and last mile logistics provider in Switzerland. Reasons for massive success for them and investors: Very Early Stage: The ICO has been in 2017 Q4. Market Cap sits at approximately 50 Mio. USD and has multiple billion dollar potential. Look at competitors such as Vechain or Walton Located in Switzerland, Zurich in the middle of Zug and Basel. Zug is the so called Crypto Valley and Basel is the Europes main vessel for big Pharma corporations. Besides that I don't think that I have to mention the Swiss quality. (Oops just did) Their Pharma First Strategy. After the successful implementation in this sector their vision is to launch in multiple other sectors such as Healthcare, Chemical Industry, Heavy Machinery and even in the Food sector. The MOD token serves as a vote and a profit right in the company. What are your opinions on this project? Do you think it can be long lasting? Have a look for yourself modum.io
M
by UnknownUnicorn529572
2
IOTA weakensIOTA turned sharply, retracing to support in the $1.60's. What we thought was going to be a bullish breakout has unfortunately turned out to be bearish. We have extended the corrective phase of this impulse wave. Though this is still a reasonable pullback from a technical perspective, it is starting to become worrisome. We have support from below at the central moving average of the KRI at $1.50, then at $1.45, a Fibonacci level. Levels from above at $1.84, $1.78, and finally from $1.68, the lower bound of a congestion zone, will all provide resistance now. After that $2 and $1.95 are reasonable, and we must break these before we hit $2.20, after which, there is a relative vacuum zone until $2.25. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
IOTA Trending UpIOTA has broken out, but retraced from new relative highs at $2.20, finding support from the central moving average of the KRI at $1.95, which we've highlighted here many times. It is currently looking to test relative highs again. Like other coins, IOTA's retracement was normal and healthy. In the longer term, we still have somewhat of a bull wedge pattern, so some renewal of momentum can be expected. We definitely appear to have concluded the arduous corrective phase, and are entering the next impulse. Although we definitely have seen support from $2 and $1.95, we must conquer relative highs at $2.20, before we cross a relative vacuum zone until $2.25. Further levels from below $1.84, $1.78, and finally from $1.68, the lower bound of a congestion zone. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
IOTA Massive RangeIOTA formed a double top at $5.6 level and moved sharply down to $1.1, losing 80% to USD. Price went up and after 1.5 months returned back to the very same support area at $1.1. Therefore the strong support and resistance were formed between $1.1 and $5.6 areas, making it a $4.5 range trading. After producing a double bottom at $1.2, RSI oscillator formed a bullish divergence suggesting the reversal or a correctional move up. The following break above the downtrend trendline and the $2.1 resistance adding extra confirmation to the probability of reversal. The first upside target is seen at $3.8, that is confirmed by the 61.8% Fibonacci retracement level. Break above $3.8 should push price further up and could confirm the long-time uptrend.
BITFINEX:IOTUSDLong
by CryptoPAMM
1
IOTA RetracingIOTA has retraced back to the psychologically and technically significant $2 mark as it has pulled back from relative highs at $2.17 or so. Like other coins, IOTA has had a respective burst of momentum so some retracement should be anticipated, and is normal. In the longer term, we still have somewhat of a bull wedge pattern, so some renewal of momentum can be expected. We are perhaps finally entering the next impulse wave, a welcome sign as the corrective phase has lasted since December. Although we definitely have seen support from $2, we must conquer relative highs at $2.17, before we cross a relative vacuum zone until $2.25. However, if we break down further, we'll have support from $1.95, $1.84, $1.78, and finally from $1.68, the lower bound of a congestion zone. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
IOTA Trending UpwardsIOTA has finally broken the $2 mark, where it currently sits at the time of this writing. This is a fairly substantial milestone for this coin as it has been facing troubles regaining footing in this handle for some time. Although we've seen a bit of a breakout, volatility does appear to be consolidating into a bull wedge pattern in the longer term, so we can finally expect to see more bullish momentum from IOTA. We are perhaps finally forming wave 1 of the next impulse wave, a welcome sign as the corrective phase has lasted since December. We definitely have support at $2, which is a psychological and technical level. If we break down from this level, we'll have support from $1.95, $1.84, $1.78, and finally from $1.68, the lower bound of a congestion zone. From above, we have a relative vacuum zone until the psychologically and technically significant $2.25, so watch for a breakout. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
IOTA Bull Wedge PatternIOTA continues to disappoint, still struggling with the central moving average of the KRI at $1.96. It currently sits at $1.88, however, which is forming the upper bound of a bull wedge pattern. Volatility in this coin has consolidated substantially, as evidenced by the width of the upper and lower bound of the KRI, suggesting that we might expect a breakout soon. The corrective phase of the Elliott Wave has lasted since December, supporting the case for renewed momentum. If we continue to face resistance from above, we'll see support from levels at $1.84, $1.78, and finally from $1.68, the lower bound of a congestion zone. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSDLong
by quantguy
Iota VS Bitcoin Expected Upside TargetFollowing the previous idea on Iota VS Bitcoin , it went higher as expected breaking above the descending channel. But the question is how far more it'll go? After breaking above the channel IOT/BTC corrected down to 71k satoshi and almost immediately went up to 448k satoshi. Fibonacci applied to the corrective wave after the breakout shows that price broke the 727.2% resistance level and corrected down sharply. The correctional wave stopped at 4/1 Gann Fan trendline, that is 17.5k satoshi support. The consolidation period followed and this weekend price rejected the 200 Moving Average, suggesting that Iota is ready to go higher. The next Fibonacci resistance is at 827.2% retracement level that is 476k satoshi and this is where the expected upside target is. The support remains at 17.5k satoshi, and there is a possibility that it will return back to this support, perhaps spiking lower. But in any case, price is expected to grow and high the upside target in the short to medium term.
Long
by CryptoPAMM
3
IOTA VS Bitcoin Uptrend ContinuesAfter reaching the btc 0.00044 high, Iota almost immediately has corrected down to btc 0.00017, losing 60% to the Bitcoin. Following consolidation between btc 0.00030 and 0.00017 is going on now for nearly two months.  IOT/BTC has rejected the 61.8% Fibonacci support level multiple times and with the last bounce of that support level, occurred last week, the 8/1 Gann Fan trendline has been rejected cleanly as well.   This could be first signals of the end of consolidation period and continuation of the long-term uptrend. The price is certainly attractive for buyers and least for the short term investment. The first resistance is at 23.6% Fibs that is btc 0.00035 level and should play the key role in further price development. Break above it should confirm the long-term uptrend, while the rejection could prolong the consolidation period.
Long
by CryptoPAMM
2
IOTA still getting clawed at by the BEARS!IOTAUSD has been a bearish trend alongside most of the other majors like BTC and ETH. We saw support kicking in at $1.94 and pushed us back into the $2 zone, however the bulls were met by the bears and we have been in battle since the 16th of Jan. This triangle can be seen as a continue sign of the current bear trend and the bulls will have to bring a lot of buying pressure to get us to break to the topside. This is crypto and anything can happen so it pays to be prepared. We will wait to see what the market does before going long or short on the IOTAUSD markets. Immediate support is at $2 - $2.2 and should that support level fail, I would expect the bearish trend to continue and consolidate into the $1 zone. Resistance is at $2.4 - $2.6 and the bulls need to get above that to test the $3 resistance zone. Should we break through $3 it will be smooth sailing to the $4 zone. Follow and share if you like my trading advice, feel free to discuss this trade with our crypto trading crew.
BITFINEX:IOTUSD
by saintbitcoin
IOTA RangesIOTA also has been stagnating, though the price action has dropped more so than other cryptos, confirmed by both Kovach Momentum Indicators. We have remained below the lower bound of the KRI for the duration of the week. A sequence of higher lows on the day candles provides a glimmer of hope for investors eager for a breakout, though trading the mean reversion between $2.35 and $2.60 has proved profitable as of this writing. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSD
by quantguy
IOTA Crashes Through SupportIOTA has been hit particularly hard by the bear run in cryptos. Currently, it is finding support at a Fibonacci level at $2.14, bouncing back to $2.24 or so at the time of this writing. It has careened through the lower bound of the KRI, now well above current prices at $2.70. From above, we will have to test $3.25 before testing the central moving average of the KRI at $3.67. If we break past support at $2.14, the next level of support is a Fibonacci level at $1.45. Although we appear to be in wave 2 along with most of the other cryptos, we are wrong if we break lows around $1.25. Both long and short term Kovach Momentum Indicators confirm we are in a bear phase. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSD
by quantguy
IOTA - correction not done yetIOT/USD 4H Being in an expanding wedge, we're currently in the making of the subwave 4 of c. I expect price to rise till the marked sell zone ($3.50-3.75). If price proves me right, we should see from there on the start and the final bearish impulse of the overall corrective structure. This could either result in a double bottom or ideally in a lower low till $1.35-1.10 levels. Monitoring the BTCUSD price, as shown in my previous analysis - would be a good idea - as we still have a strong positive correlation showing up on almost all alts. The max. upside levels for BTCUSD are marked on the chart. In the case of a violation, I do not expect price to break $13.700ish (Bitfinex). From there on, a corrective continuation till 8k levels would seem possible. Safe trades!
BITFINEX:IOTUSD
by BudBronson
3
IOTA WhackedIOTA has definitely broken its ranging streak, unfortunately to the downside. We have smashed through levels in the $3 handle, to find support in the lower $2 handle, a Fibonacci level at $2.12 to be specific. It still appears that we are in wave 2, a minor corrective segment of the Elliott Wave. We must reconsider our rendition of the corrective phase if IOTA can manage to blast through to the $1 handle and make new relative lows. Fibonacci levels at $3.25 ad $4.36 seem light years away at this point. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITFINEX:IOTUSD
by quantguy
1