IOTA showing signs of life! IOTA might be ready to make a run for it here with volume showing up past few days
We would need for it to closed above resistance and retest it as support before entering
Only then can we target local highs, which is a strong possibility if BTC starts to pullback and money flows into alts
Iotabtc
IOTA : Upto 75% Profits Opportunity RSI : 63
Volume : In good position
Accumulation Area : 4150 sats - 4350 sats
Distribution Area
Target 1 : 4550 sats
Target 2 : 4871 sats
Target 3 : 5181 sats
Target 4 : 5390 sats
Target 5 : 5769 sats
Target 6 : 6230 sats
Stop Loss : 4032 sats
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
Iota - Depressão finalUsando o fator gráfico psicologico, notei uma certa semelhança na iota, estando no ultimo passo de "depressão" o ativo se encontra numa cunha de alta acumulativa, no fundo histórico, ate Agosto deve acontecer um estouro da LTB, revertendo o ativo para o bullmarket
Entrada: 4.000 - 4.400
Stop: 3.800
Alvos Mid-Term:
6.160
8.000
10.000
All Alts Need Is Just A Liiiiiitle Push (IOTA)Here's an IOTA update for you. In my last two posts, I've been tracking IOTA's potential to be used as a bellwether for a potential upcoming alt season. In other altcoins, we're starting to see some strong buying action. HOWEVER, most (if not all) alts are still below previously broken major support levels. You can see this in VET (still below 100 sats), ADA (below long term trendline support against Bitcoin), and TRX (juuuust below its long term uptrend line). However, it's clear to me now that money is ENTERING the market. Why? The total market cap is going up considerably now, and altcoins are starting to move in tandem with Bitcoin. If Bitcoin decides to make another leg up, perhaps alts will briefly sell off again, but their USD values are starting to rise fairly quickly.
With all that in mind, I think it's fair to say that if IOTA gets back above its broken support level (pink downtrend line) and holds above say...4500, we could finally be in for some massive upside. I guess we'll see what happens. I've been very wrong in assuming some altcoin bounces would come earlier, and as such I turned slightly bearish on the market the last few days. Today things changed, as money seems to be flooding in from all angles.
Here is the setup:
BUY if pink trendline is broken again (or above 4600 maybe, to be safe)
STOP LOSS: below 4000
Targets (green X's)
Let's see how this plays out. This is NOT financial advice. Just a potential setup I'm seeing. These sorts of trend-reclaiming long setups have tended to be pretty profitable in the past, since these are essentially massive bear traps.
-Victor Cobra
IOTA - Bullish Divergence? More upside?Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Putting this here mostly for tracking purposes. There's some bullish divergence forming but most indicators are still saying it's bearish. I'm buying some IOTA here at the current prices (4380) and stopping at the LOD which is about 4275. If this rebounds, it's good for about 40% ROE.
If it reclaims the 21EMA on this 4H chart which happens to be around 4630, then I will consider this a good and active trade and might further increase my position.
Alt season is among us. Buy when everyone is afraid. Everyone is afraid of alts. Be careful buying a falling knife and have that strict stop loss.
Trade safely friends!
<3 -CE-
$IOTA Supports - Short ideaLooking from here, it seems that IOTA is losing the last important support for another big fall. Black horizontal lines indicate possible purchase points. Below one, the target will be as follows. I would not go into IOTA until a clear sign of reversal, this can last for months. I'm short
IOTA - Under The Empty VoidAfter the pump caused by the news of IOTA's partnership with Jaguar Land Rover, it had since then fully retraced and fallen back down. This is highly bearish as it shows a lack of follow through and continuation from the bulls. IOTA/BTC pairing is currently showing a very decent risk to reward for bears as a breach of the recent low, which is also the all time low, will cause intense fear and a bunch of stop-loss cascade. There is no support left for IOTA, it's just a matter of when the support breaks. I believe this is a great gamble given the high r/r ratio here for shorts.
IOTA Beckons At My Call! Other Alts To Follow?Since my first analysis, IOTA has found bottom at the previous long term support level between 4400 and 4800 and bounced with massive volume. In that post, I wrote when it was still in the 4800 area: "As you can see, we're clearly in the final buying zone for IOTA. We had a nice green doji candle that took us briefly back to 5200 on high volume. Looking at the chart, we can see that the volume on this bounce was greater than the recent sell volume. If IOTA is to make a bigger bounce, I'd like to see another big buying candle appear over the next day or two, to take us back above the triangle resistance." I posted this BEFORE the bounce. A lot of analysts will post about a trading opportunity after it's already happened. I try to do my best to ANTICIPATE a move, because it gives you much more control as a trader.
On top of that, I speculated that we could potentially use IOTA as a bellwether for the altcoin market, since it has such a defined market cycle against Bitcoin, with a very obvious bottom range and top. It also seemed to be accelerating its bottoming process, causing many investors to be concerned. I posted my chart right as it was heading towards the bottom of its range, and voila! It bounced nearly 50% from its bottom, with some very bullish news to boot! Since then, IOTA has retraced substantially, so those expecting it to continue rising may find current prices an attractive entry point. How about that timing though?
If IOTA is going to consolidate and move up, I'd expect the current 5400-5600 area to be a good zone to load up for these potential target zones:
8000-8200
9800-1100
12800-13200
Other potential buy in points:
4700-5000
A stop loss should probably be set below our 4400 low, just in case...though giant stop hunts often occur in this market. IOTA could experience an even bigger retrace before moving up (BNB did something similar before its unstoppable bull run).
So far today, I like what I'm seeing with the rest of the altcoin market. As per my most recent video, we've continued to hold the long term support. There is still a possibility for a breakdown though, and one should always be prepared for all possible outcomes.
Many people are still expecting a big drop here in Bitcoin. However, the market is very different from 2015. Instead of Bitcoin dropping back to the lows, it may be enough that altcoins have created second bottoms or ventured to new lows on their Bitcoin ratios. Some altcoins may even be experiencing pretty enormous bear traps (XLM and NEO, for example), if they bounce hard from current levels. This is based on the massive buying volume they experienced when they were at lower USD valuations (but higher BTC valuations). This divergence is confusing to many people, because it seems like many alts are bearish, when they are in fact looking quite healthy in terms of how they've recovered from their bottoms (so far). The recovery we're seeing in the cryptocurrency market right now, by the way, is perfectly in line with what happened to many stocks after the dotcom bubble popped and bottomed out.
Due to this comparison to the dotcom bubble, Bitcoin DOES NOT have to retest the lows before moving up further. Let's also look at BNB as an example. Binance Coin may very well never see the $4-6 area again. The people waiting for a pullback never got their opportunity. Markets don't have to offer many chances to get in, even for experienced traders. This is why my strategy since the $3K area for Bitcoin has been to simply hold, and occasionally take small short term trading opportunities.
A failure for the market at this sensitive point in time (on our long term trendline) would make a future recovery very difficult indeed. This is why I kind of see it as an "all or nothing " moment. Those with a bit too much money in the market may want to de-risk at this point, especially with the Tether situation. I'm sure many have done so already.
Ideally, I'd like to see more bullish momentum for altcoins in the coming days. The recent trend has been for just one or two alts to take center stage while everything else bleeds. This trend needs to stop if we're to remain bullish, as it indicates that the market is being controlled by day traders and bots, rather than people with capital they want to invest for the long term.
Anyway, this is for educational and speculative purposes only. Not financial advice.
Good luck everyone!
Below, you can find my ETH comparison to the dotcom bubble recovery, my terminal shakeout analyses on ONT, NEO, and XLM, as well as my first IOTA chart, speculating about a possible alt cycle.
-Victor Cobra
[IOTABTC](44%) MIOTA Trade Signal @alanmastersThis is a straight forward trade signal, no chit-chat, but you can still hit like if you want to.
Thanks a lot for the support.
----
Trade: MIOTA (IOTABTC)
BUY: 0.00005100 - 0.00005600
TARGET:
(1) 0.00005810
(2) 0.00006680
(3) 0.00007310
(4) 0.00008100
STOP: Close weekly below 0.00004400.
---
Namaste.
IOTA - Jaguar Land Rover cooperation will explode IOTA to heavenHi Guys!
We have great news.
Jaguar Land Rover will incentive their customers/drivers in IOTA token in exchange for gathering all driving data.
Well yeah. Today data is gold or crypto gold some would say.
This cooperation will make IOTA mainstream and in the limelight.
Anyway, this is great news and what is even more important the market has reacted very positively on this news.
The price jumped over 25% in less than 12h .
So what will happen next?
Here are the technical analysis details:
• Massive volume after the news of cooperation not seen over a year
• The price has started from the lowest price levels ever so when buying right now we buy cheap
• WBM BUY/SELL Indicator – bullish, positive divergence and the price is not yet saturated – we have very low levels on it
• Weis Waves – a strong decrease in the supply and much demand has shown up
• Two nearest levels to be achieved are:
• 1. 0.00007000
• 2. 0.00008000
So we have s 40% profit possibility soon even maybe within upcoming days.
Are you in?
What are your predictions?
Thank you for reading.
Hit a like if you enjoyed this analysis.
MASSIVE Hug!
WBM Team.
MIOTA is awake! Double bottom created. Rally incoming!?! IOTABTCMake sure to LIKE and FOLLOW
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
Does The IOTA Chart Tell Us We're Near An Alt Cycle?I made a recent post about my good calls and bad calls, but I want to highlight another one of my bad calls: That the alt market would boom and take more of Bitcoin's dominance. The majority of the market actually expected this, but it has not happened. In fact, Bitcoin dominance has been increasing since it broke out.
What's interesting is that even the alts that look very bearish against Bitcoin look pretty bullish on their USD charts. Take my recent XLM post for example, or even Ethereum. This analysis is not necessarily a trade setup (although IOTA could easily double up from here if it reverses). I'm just looking at the fact that IOTA, being one of the worst performers recently, is inching closer to its historical bottom. it also broke out of its logarithmic downtrend and retested it as support. WTC did the same thing before doubling up on its Bitcoin ratio. If you look at the first bottom (green circle 1), there was a massive capitulation wick before it went on its run. It's possible this will happen again with a number of altcoins very soon, so people likely have some very low buy orders set. Some coins will not have these sorts of wicks, so it's really a gamble, if you believe we will have another altcoin cycle.
As I've been mentioning in recent analyses, if big/mid-cap altcoins do not show signs of life soon, the market will not be playing out how I thought it would (or many thought it would). I think it would actually increase the likelihood that Bitcoin would drop, since people will start questioning the validity of the space. NANO continues to do relatively well, but that's also because people see it as a possible alternative to Bitcoin. However, there's no reason to panic yet, since the USD prices of most alts look healthy.
I'm VERY interested to see how this plays out. If it occurs like prior cycles, selling alts right now would be selling them close to potential bottoms of their cycles against Bitcoin. Traders will be traders, and indicators are showing that a lot of these coins are at strong buying levels. However, the lack of any bounces so far is concerning. In that case, there could be some downside for some, but I'm going to wait and see what happens. Fundamentally, there doesn't seem to be a reason for some well-supported altcoins to never recover. There is a possibility that Bitcoin will just completely take over, but I'd find that hard to believe, given the advancements many altcoins have over Bitcoin. Bitcoin will remain a somewhat decent payment method and a solid store of value either way. Regardless, I'm happy with my long term entries. If I'm wrong, I'm wrong.
This is NOT financial advice.
-Victor Cobra
IOTA-BTC* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
If you like catching knife IOTA is the coin for you :P
*Willy is stupidly over sold
* Bullish divergence in histogram
* OBV does not look healthy at all
* Low volume, would love to see bulls step in here
* Price eating that big tail with is the last line of support
* Price is below value on VPVR
If you're looking to take a stab at this ill be setting a very tight stop loss 5% below the purple line. Trade with caution.
IOTA BEST TIME TO BUY OR TO DIEIota is a very reactive coin. Lazy periods and sudden volatility.
There are particular formation in the ETH and BTC pair that suggest me a buy.
Against Ethereum we are reaching an extremely reactive support. The minumum increase against ethereum was 35% in september 2017.
Against BTC we are entering the level that supported the incredible run of end 2017. During the correction Iota had two simmetrical impulse (Yellow circles). Between the two impulse there were around 120 days. Now we are around 120 after the beginn of the second impulse.
If you believe in simmetry and support is now a good time to buy IOTA.
BIO