Get started

IOTA

It's not game over yet.BTCUSD-LONG TERMOnly for a pure informational purpose, I would like to point your attention to a few timeframe related facts. In various colours I present here simple facts related to previous price action. Firstly the intense red/pink bars indicating amount of weeks it took $Bitcoin to go back to the 20 Weekly Moving Average - I consider in this presentation only those weeks where value drop 35% or more. It never took more than 16 weeks (extreme) for the price to recover back to those levels. That would indicate that if the price would keep dropping, we wouldn't have to wait long (max 8 weeks) for the price to go back to those levels. Second to note is the length of the previous bull market (according to previous data we still have about 6 months to go). Third, notice the dropping transaction volume and steep, explosive price action. Considering the rising BTC awareness, dropping volume, timeframes, and the slowly building hidden bullish divergence, we did not see the final leg of this bull run yet.
BITSTAMP:BTCUSDLong
by crypto_poet
1
IOTA: Guess who’s back 🎤„Guess who’s back, Back again, IOTA’s back, Tell a friend.” After its short trip above the support at $0.9810, IOTA is back in the green zone between $0.8968 and $0.7442, imitating Eminem in his song “Without Me” by proclaiming: “Now this looks like a job for me, So everybody, just follow me, ‘Cause we need a little controversy, ‘Cause the green zone feels so empty without me.” We expect IOTA to continue its way though the green zone until its lower end at $0.7442. Just below this edge, IOTA should complete wave c in orange as well as the subordinate wave (ii) in blue and shoot up afterwards. However, there remains a 45% chance that IOTA will not manage to turn around shortly below the green zone. In this case, it should fall deeper still below $0.5736.
BINANCE:IOTAUSDLong
by MarketIntel
1
IOTA - Trending the boxHello trading friends, This is a small view of IOTA. IOTA is into the interesting zone - possibly coming time a price change into Long if BTC stays stable and increasing trend. Further shows the out-of-box trend possibility for new scalp trading. It's important that IOTA should hold the 0,69 with a time frame and confirmation to stay in the positive zone. Further a breakout above the 1 USD + means a new price action, and out of the box. Have a great day. This is not a trading call and manages at all-time risk. If you did like this content, leave a like and follow - thank you
Long
by watchtrend
IOTA - Potential Bullish Reversal!IOTA is approaching a strong support so we will be looking for buy setups. on DAILY: IOTA is forming a symmetrical triangle in brown but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, IOTA would be overall bearish can still trade lower till the green support zone where we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
20
IOTA: Under Water 🤿IOTA has jumped off the cliff at $0.9810 and dived into the green thicket of sea weed between $0.8968 and $0.7442. Here, it has been swimming along for a while now, watching the wildlife of the underwater world. We expect IOTA to go a bit deeper still and to finish wave c in orange just below the green thicket. Then, the dive should be over and IOTA should resurface above $0.9810. From there, long-term rise is possible again. As they are still uncharted, though, IOTA could find something interesting in the depths below the green sea weed thicket and dive below $0.5736 to examine it. The results could then even lead to a continuation of the dive further down. This alternative scenario is rated with a probability of 45%, after all.
BINANCE:IOTAUSD
by MarketIntel
1
IOTA - the market remains ruthlessThe entire crypto-asset market is bleeding. We were looking for a bullish break-out to the upside with one condition to be met. The crypto market would have to remain bullish. Unfortunately, we have seen the opposite due to interest rate hikes, the banning of crypto in Russia and a potential new pandemic escalation leading to a strong sell-off. Not only in the crypto market, but across different asset types we are experiencing strong declines while tech is one of the hardest hit sectors. From a technical perspective, we were rejected from the 200D MA. MACD is diverging again and facing the downside which is a bad sign. RSI shows us a hidden bullish divergence which is on the first sight good, but we have a lot more room to go down as oversold regions are much lower than at level 40. I assume a strong support at the 0.6 - 0.8 level and we could bounce quite nicely here. Also depends on how much longer the general market will remain bearish. Time to BUIDL and forget about returns for a while. Good luck with your trades! Do not consider this as financial advice.
by UnknownUnicorn3707027
IOTA: Don’t Get Too Comfy!☝️After its steep descent from the orange-colored zone, IOTA has been relaxing a bit and puttering around between $1.1 and $1.2. However, it shouldn’t get too comfy because we expect the price to fall below $0.9810 soon. There, it should get caught by the green area between $0.8968 and $0.7442, finish wave c in orange and bounce off again. Still, there is also a 30% chance that IOTA could shy away from touching the $0.9810 mark and rather decides to take off earlier. If it manages to reach the resistance at $2.0842, further rise will become more likely.
BINANCE:IOTAUSDShort
by MarketIntel
1
7 Year old Bullish triangleWe just bounced off serious support, both within the LTCUSD and LTCBTC trading pairs. LTCBTC marked recently a historical low in relation to Bitcoin, hence we are witnessing increased volatility and significant growth in relation to USD. Considering the size of this triangular formation where support is clear targets in the area of previous top (c.413 USD) seem to be merely the beginning of the explosive growth which we will possibly witness within the coming weeks. T1 for this long term chart would be the psychological 1k, following further Fibo resistance levels. Never forget money management, risk/reward ratios, or stop-losses!
BITFINEX:LTCUSDLong
by crypto_poet
6