Ideas about IOTA for my dear friend It looks like it stayed on its weekly bullish ob for some time but in weekly chart the last closed candle is a doji and BTC is not looking for so good at this time.
Broke the falling wedge but there is no momentum and it kept it line across the HVN of Volume Profile, so it looks dangerous to buy now, but I am neutral and if I were you, I would choose to stay flat for now on IOTA trade.
There is some other OB at 4500 5000 sat level downwards, if you want a killing spree with IOTA I would choose that area, because BTC is not that volatile now in its historic levels, so it would make big moves and each of alt coin will be affected by this so as IOTA. You can grab a bag at these levels not a problem, we are in the accumulation era, you can sell when it moves to higher and grab again.
Iotabtc
IOTA combination of Inverse H&S + BullflagHello my dear IOTA traders!
IOTA is right now seeing a few bullish patterns, similar to granda Bitcoin and the other alts. The break of the 60 cents neckline could see some nice upward potential. Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, (respectively on Binance, if you're holding Tether there), as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars as they state on their homepage.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA - Volume Increasing - Inverse Head & Shoulders - Short Term- IOTA has formed an inverse Head & Shoulders
- Volume has increased
- RSI looking Bullish
Targets:
- My Buy Zone: .00008825-.00008835
- My Sell Zone: .00009005-.00009190
As always take caution in Trading your money. Do your Due Diligence and in no way is this financial advice! This is my target zone for when I will buy if the targets are hit.
$IOTA, Otra Ves…
Weekly
Looking at our trend timeframe we see price has found support at 7000 satoshis, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for a reversal, a close above resistance and expect a radical push towards 15000.
Daily
Shifting over to our pattern timeframe we see price has broke out of its minor downtrend and formed a higher high. Stochastic RSI showing momentum is looking for support, price has formed a higher low at 9000. A daily close above 9500 and expect a higher high to form near 13000, however if rejected at this level expect a sell off towards 7000.
Important levels to watch for IOTA HodlersBITFINEX:IOTUSD
Iota has been on a longterm downtrend just as the rest of the altcoins and suffered severe losses in Value.
It managed to bounce a little after the current drop, to $0.57.
The maximum bounce on this current run we see about $0.64 where it will be hitting the 0.5 fib retracement.
That would be a good area to sell/short iota.
Targets are the two redline support levels at $0.39 and $0.26 which are the longterm buy areas for IOTA.
IOTA/BTC with 2 support lines.IOTA is in Falling Wedge formation, which should be a bullish one if price break that upper resistance line.
To catch another bullish move is to buy IOTA at Wedge lower support line. It may be between 5500 and 4750 sat. (depends where it will hit).
It can have an upward bounce at 6800 satoshi, but that second line at around 4750 is a better one in my opinion. As it's either a strong support line and it's close to Wedge lower line.
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Technical Analytic for #IOTA (06-09)This is a risky call. So if you can't pay attention all the time, Don't get entry
We can hope IOTA follow the H&S form
#IOTA (IOTA/BTC)
Buy : 8500-8700
Flash Sell : 8800-8900-9000-9100-9200
Short Sell : 9300-9400-9500-9600-9700
Stop : 8300
Follow me for more signals
Inbox me for more signals
Analytics IOTA/BTCThis pair does not observe any anomalies on the general background. Trading volumes are average, did not increase compared to summer. This may indicate a loss of interest in the asset.
Today, IOTA fell 5% against the backdrop of news on the BTC, and then returned to its channel. Wait until the day closes to clarify the bitcoin situation before making a decision to open a position, IOTA rates are completely correlated by BTC.
There is a possibility of the beginning an uptrend in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. 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 (0.000096 to 0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000096)
Ending of entry zone (0.000082)
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= @ 0.00011100
TP2= @ 0.00013100
TP3= @ 0.00014200
TP4= @ 0.00016400
TP5= @ 0.00018600
TP6= @ 0.00020400
TP7= @ 0.00023500
TP8= @ 0.00028200
TP9= @ 0.00034000
TP10= Free
There is a possibility of the beginning an uptrend in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. 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 (0.000096 to 0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000096)
Ending of entry zone (0.000082)
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= @ 0.00011100
TP2= @ 0.00013100
TP3= @ 0.00014200
TP4= @ 0.00016400
TP5= @ 0.00018600
TP6= @ 0.00020400
TP7= @ 0.00023500
TP8= @ 0.00028200
TP9= @ 0.00034000
TP10= Free
IOTABTC buy scenario! Hello my Crypto friends!
Today I'm going to look at BINANCE:IOTABTC at 1h timeframe. IOTA broke the downtrend with strong impulse. As you can see, IOTA is in the correction. I think this correction will be over soon. In this correction I can see two completed waves. I can see divergence between first and third waves what can be a god sign for a reversal. Be careful, it can go lower to -0.27 or -0.618 fib level and from there it can reverse. This is the reason why i will wait for the break and the flag before the buy. So keep an eye on it, be patient & trade with care!
REMEMBER: I'm only interesting in the buy!
So, please don't jump in buy to early, patience is the key!
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
IOTA's 100% move analysis!Hello dear IOTA traders & HODLers, hope you're doing well guys! ;)
On this video, we look at IOTA's 100% move, and the following top out with a H&S pattern. I'm showing you how you could've played it in both directions! ;) Have fun watching
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA (IOT) – backing from tech giant Fujitsu!Hi Traders!
We hope you are doing well and you are optimistic about the future.
We are on the verge of trend reversal on all cryptocurrencies. How long does it take?
A week or two or till the end of September. It will come. It will start when nobody expects.
So we noticed decent bounce up on IOTA.
Why?
They released Trinity wallet on the desktop in beta version. Hmm, this is not enough, though?
Well, the best info comes from Fujitsu group.
In an official notice released on Friday, August 24th, Fujitsu explained the use of IOTA-focused blockchain as an immutable data storage medium for its audit trail process. The initiative, dubbed “industry 4.0 co-create with Fujitsu”, sees the Japanese tech giant utilizing the IOTA protocol as a data storage medium for use within production and supply chain management, thus enabling better transparency, data trust and data security.
This might be the case. We all remember what happens with a price of crypto when there is such big announcement (ex. Stellar partnership with IBM last year). This time we may earn a bit of money too.
Anyway although many cryptos gained in August IOTA was falling.
The price fell to the level which is the lowest since November 2017. We also broke last local peak at 0.000086825.
Further important resistance to break is at level 0.000129146
Here are other technical analysis details.
Ichimoku Cloud – on the daily chart we crossed TenkanSen for good. Second daily bar is over the TenkanSen. It is green and it is growing. VERY POSITIVE.
Weis Waves – supply has evaporated and demand is growing. We need more positive volume and increased demand.
MACD – bull’s crossed observed
Chaikin Money Flow – there is a great chance to break level of 0 which hasn’t happened since May 18.
Bollinger Bands – we crossed 50% of the zone for good heading even above the Bollinger zone.
So guys. This might be a safe and very beneficial trade.
Are you in?
Thank for being here.
Thank you for all the support you are giving us.
If you like our job give us a like and of course don’t forget to follow. :)
MASSIVE Hugs!
WBM Team.
IOTABTC : Top 5 Bullish coinNo.1 : IOTABTC
IOTABTC are one of the best coin this week that perform bullish.
As u can see that IOTA perform ascending triangle pattern inside channel down, and almost break up bullish confirmation level at 10589.
If this level break up we can set target at 17735.
We can buy IOTA if it reach support at 8758.
Note :
if this pattern failed, IOTA will back to 2nd support at 6801