IOTA is showing bullish divergence on the RSI/CMF/MACD.IOTA/BTC is showing bullish divergence on the 4-hour RSI, CMF, and MACD as highlighted by the orange lines. We also got a bullish cross-over on the 4-hour MACD as well a short while ago. IOTA found support on a previous support zone that we saw it hold back in August around 7450-7500. On one of my fib charts, it is holding the .382 around 7660 pretty well so far. Risk/Reward is pretty good for this one so long as Bitcoin can remain steady.
Higher risk entry (at the .382 fib line on one of my charts): 7650-7710.
Safer entry: 7500-7600.
Target 1: 8200 (.786)
Target 2: 8900 (.618)
Target 3: 9350 (.5)
Targets were charted on fib retracement levels.
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
Iotabtc
Trade IotaIota forming a up channel , Had a bullish divergence on the 4h scale before this little rise. Bounced on the fib line neatly. IF it respects the support line in the next few hours, has good chances of reaching the next fib line within 2 days.
This is my very first idea and i'm pretty new to trading and cryptos (started about 2 months ago), so don't pay much attention to my analysis. It's just a test. Pls leave feedback below ;)
Trade IotaIota forming a up channel , Had a bullish divergence before this little rise. Bounced on the fib line neatly. IF it respects the support line in the next few hours, has good chances of reaching the next fib line within 2 days.
This is my very first idea and i'm pretty new to trading and cryptos (started about 2 months ago), so don't pay much attention to my analysis. It's just a test. Pls leave feedback below ;)
A trading opportunity to buy in IOTABTCTechnical analysis:
. MIOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000750 to 0.0000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000750)
Ending of entry zone (0.0000600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00009360
TP2= @ 0.00011400
TP3= @ 0.00013100
TP4= @ 0.00014310
TP5= @ 0.00016640
TP6= @ 0.00018980
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. MIOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000750 to 0.0000600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000750)
Ending of entry zone (0.0000600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00009360
TP2= @ 0.00011400
TP3= @ 0.00013100
TP4= @ 0.00014310
TP5= @ 0.00016640
TP6= @ 0.00018980
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
Analytics IOTA/BTCAn old project with its own fast blockchain, focused on processing a large number of microtransactions and ensuring the functioning of IoT. The team has agreements with many manufacturing giants.
The asset began to gain trading volumes in early August and saves them. The coin does not show any behavior anomalies on the chart and follows the market.
Now the rate is in a zone of consolidation. Comfortable asset entry point 0,0000822-0,0000798. If the current week closes above 0.0000927, then the entry point will have to be shifted up. In spite of the big trading volumes, they are speculative in nature, the coin does not deposit in the portfolios.
Intraday trading is quite difficult, because the average volatility is about 3%. But high liquidity allows you to manage risks by exposing stop-losses.
The potential in the medium term is within 200%.
The coin is promising for long-term investments.
IOTA may bounce or fallIOTA is at the bottom of the channel and worth watching for starting its up movement. Safer to buy after the price go above 8740. Even more safer above 9000. But if BTC start rising the movement may become a breakout and it will grow faster.
Stop loss below 8450. If falls you may catch it later at 8300 or 8150.
Is iota preparing lift off?The past months iota took blow after blow,
is the retracement over,and ready for a trend reversal.
My answers is yes,but it's need to prepare little more
look at this pattern
the resembling is uncanny,will this pattern play out,
I hope so .A good indicator I'm waiting for is ,breaching the upper blue line
and going back between the blue lines again to prepare for take off,
I will give my targets then
I will keep you updated.
Remember this never count on crypto to be your hail mary
because they will utterly dissappoint you.
Until next time !
Sir Durzo
IOTA seems to be readyThe great correction has been ongoing for 9 months. The period at the blue flag could be the capitulation zone. The main support was broken. After this the price has been consolidating and building a new bottom, or so it seems. The green arrows indicate points where the new support is tested over the last few weeks.
The biggest downtrend lines have been broken and IOTA has now corrected from the last pump after breaking these lines. ( Last 2 weeks ).
So it seems IOTA is ready for good news to have a lasting effect again. And good news is comming in Q4 with Qubic and partnerships starting with real life products in Q1 of 2019. ( With Volkswagen ( VW ). Also AUDI, Bosch, Fujitsu and big energy companies are now working with IOTA. In The Netherlands there is already a charging station for electric cars running on IOTA. And this is only the beginning..
Please let me know if you agree IOTA is on a breakout point and a good investment for the next decade or two. ( Or just a thumbs up if you appreciate this idea )
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000085 to 0.000067). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000085)
Ending of entry zone (0.000067)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00011040
TP2= @ 0.00013100
TP3= @ 0.00014310
TP4= @ 0.00016640
TP5= @ 0.00018980
TP6= @ 0.00023670
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000085 to 0.000067). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000085)
Ending of entry zone (0.000067)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00011040
TP2= @ 0.00013100
TP3= @ 0.00014310
TP4= @ 0.00016640
TP5= @ 0.00018980
TP6= @ 0.00023670
TP7= @ 0.00026570
TP8= @ 0.00031200
TP9= Free
$IOTA is a sleeping giant? Come on!One of so many coins that have billions of supply but still on top 20 of coinmarketcap like a boss. It's doesn't really surprise me because this coin basically has a great fundamental. Having an ambitious goals towards internet-of-things and sharing economy, IOTA showing that they do the work looks really professional.
Here is my analysis on IOTA:
1. As you can see right now, we're quite holding on support @ 9201 sats, but i don't really think it's good enough. So by any means I expect to drop more than 40% below from the current price. and then i will get a confidence entry to hold.
2. I think it's a good support around @ 8k-9k sats, ONLY IF, there is no turbulence happening towards Bitcoin price which causing it's price downward. Yes, it will drag majority coin's price and there is nothing special with IOTA.
3. IOTA is good for leverage trader, because it's quite predictable and less volatility.
4. There is no surprise if I and many others hoping 2019 is a good for crypto environment. So, I hope that will affect IOTA too.