With BTC being still very bearish we might see IOTA going for another bottom via double top reversal. What do you guys think?
Higher low on daily Renko Chart
Targets 1- 0.00020415 2- 0.00018926 3- 0.00017225 Bearish big trend. Positional trade, which takes time.
The market is giving us mixed signals. For example. IOTA has formed a head and shoulders pattern which for many is reason enough to sell off IOTA. Although the expanding diagonal pattern within, indicates that sellers are not so sure and buyers are not yet ready. A break of resistance may give us a very nice short term rally. While looking at BTC. We see a...
IOTA SEE GOOD AT ZONE SUPPORT 0.00024-0.000245sat . BUY new here : 0.0002450sat sell 1st : 0.000330sat sell 2st : 0.000360sat sell 3st : 0.000460sat
This is just beginning, if you did not start to enter the previous calls (previous ideas) I think now the best opportunity to enter is to wait for the setback that you should have after getting the 0.618
stop loss 5% take profit 25% risk-reward ratio 5 just if it breaks out!
Finally we have something to cheer about. Notice I am not using any MA/EMA on this chart for now. I am only able to use 4 indicators. What I see is a bullish reversal. One of the best trend reversal indicators is the Aroon. We are at the limit on the 4H. Aroon up finally crossed Aroon down on the daily chart. MACD on the daily is crossing into bullish territory as...
See how this week closes, maybe a bounce from trend line. Look for some bullish price action on the daily come Monday and buy buy buy!
The downtrend line in IOTA that started from price high of $5.80 made on Dec. 19, 2017 to a price low of $1.20 (Feb. 6 2018) is shown on the chart. Currently, price action has successfully broken the downtrend line and managed to stay above it. This argues for a bullish bias in IOTA. Besides, I have also used a curve on the chart to show the bottom action of...
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)
IOTA did it again and bounced bullishly from my TL YEY! What do you think, will it keep going up? My personal opinion, IOTA being an IOT based invention is a powerful technology and Tangle which people consider as next-gen blockchain is a powerful on its own, I personally think IOTA will continue up... its my only opinion, I am not an financial advisor. How to...