IOT
IOTA Lags After Prolific BreakoutIOTA has consolidated around the psychological $4 level, as it clarified news about a partnership with Microsoft yesterday. While some retracement was likely, we will see how much investors weigh the relationship with Microsoft as IOTA either breaks out from this dragon head pattern or retraces further. The next level of support is a Fibonacci level of $3.25.
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Upcoming IOTA breakout!One of the clearest triangles I've seen in the past couple of days (XRP was also very clear). In my opinion this is the best moment to buy, you'll regret it if you didn't.
Bullish Trend / H4 / IOTA - Your thoughts?1. We may go to test the H4 TL.
2. Then we will probably hit the Fib 382 from whch we can continue our bullish ride.Just my personal analysis.
Latest announcement from IOTA:
“We are building #IOTA research and development wechat group in China. There are 30 ppl from
#Alibaba #Amazon #xiaomi #ChinaTelecom #okex #USTC #CAS #BNU #SJTU
and other companies and universities. Welcome to join in the IOTAChina development community. @iotatoken”-
twitter.com
Thoughts?
SEE THE BIGGER PICTURE :)My idea at 1,40 was 97% accurate. I still trust this coin, and don't think that storm is over as it's still keeping 0.382 fib support. After SBTC fork, I expect a big move from BTC to IOTA market, Watch for the breakout of the uppoer resistance line to make sure this is a strong uptrend.
Not a financial advice, an idea only.
Cheers :)
Parabolic Support line IOTAAfter a big decrease in value of IOTA, it looks like it's growing again. If it continues like this, I think IOTA will reach a new peak.
For daytraders, scalping with $IOTA $IOTBTC $BTCIOTA in good time to scalping, high volatility
if you wannt buy and HODL, this is time
IOTUSD downtrend parallel corridorThe last some days we saw 8x IOT to USD pump, so probably it's time to have a downtrend pricing... This situation does not fit to traditional Fib retracement, but who knows.. If price will move within the corridor we can enter at 2.9 USD approx.
So good luck all of us)
IOTA - Simple Support & Resistance, Fibonacci. In the past days iota has seen a very large run-up in price, now this tremendous growth often has to come with a bit of sustained correction comma it is unlikely that we will see I hope I drop to previous loads such as under the $2 Mark as the market is currently way ahead of that. We can expect to see the price fluctuate way between $5.50 resistance and the $4 support comma this is a $1.50 range that you can use to play short-term trades comma support lines or supply lines is where you look want to look to be accumulating.
Orange - Resistance.
Pink - Support.
As always tried the lines accordingly.
IOT to BTC Newb AnalysisIt looks like we're possibly in the middle of wave 3 on the 4 hour chart for IOTA. FIB Retracement is there for my own education. I'm long on this until it breaks the trend, I expect a brief correction in the next 24 hours before it continues its move up.
This is not financial advice, I'm new. Trade at your own risk.
IOTA - Double Top Pattern Forming. / Time for reversal?IOTA has experienced a very powerful bull run in the past few days, we have formed a major resistance and support line you want to watch out for as the price is likely to fluctuate between these two levels. Currently, IOTA looks to be forming a double-top pattern which is a bearish signal, it is likely that we could see a drop back down to the support where if broken, the price will continue decreasing.
Orange - Resistance.
Pink - Support.
IOTA Trading strategyIOTA performed great over the last weeks, and buy interest is increasing. Atm forming a tight consolidation near the .768 of the retracement. break of this lvl is difficult because it will mean bullish continuation. However the breakout of this inside bar formation can give enough volatility to do so. Buy if it breaks the red pattern. If it breaks below place buy order near the trendline. A lot of buy support will be there.
Target for the first move is the 1 extension (1.62$), we will likely pull back and probably continue with the bull run. In case shit hits the fan, stop orders can be placed below the upwards trending line at around 1.25$.
GL
IOTA, long opportunitySTOP-LOSS : 0.87$
Take-Profit1: 0.95$
Take - Profit 2 : 1.10$
Take-Profit 3: 1.50$ // long term
Good luck folks
IOT\USD aggressive IOTA runThere are going to published some great news on IOTA project in future days on 16 nov and on 20 nov.
So keep an eye on it. Any way project is great by itself.
What do you think will it break the resistance line over there on the top ?
