IOTA/BTC UPDATE 3 (MACRO!)So I was just hanging around , looking at our sacred crypto charts and suddenly got tired of seeing those super long candles shades , which are reeeally annoying if you are trying to make some tech analysis . I turned on to weekly and here is what I found. I determined IOTA parabolic cycle for 133 days. These are 2 main options I suppose we have. Surely , there are many of them ( It might even go down! LOL), but I'm pretty confident it is either a fundamental breakthrough or a completion of a triangle.Not having any IOTA right now, cause my previous entry worked out the best way. Let's wait for a new entry point together. IOTA is one of the best coins around.
My advise for you guys : DO NOT TRADE CRYPTO , IF YOU DO NOT BELIEVE IN THE IDEA.
#rocketscience
Iotabtc
Double topBy forming the double top in daily chart time, a reversal movement occurred, which brought the price back to the region of 21,000 sat.
Apparently, according to the daily chart, the movement should resume the upward trend, being able to seek the regions of 28,000 and 32,000 sat, according to the Fibo extension.
This analysis is for educational purposes.
IOTA BTC - Volume rising , price following.Hello folks! Easy setup for IOTA , in Daily timeframe there is a clear uptrend , in shorter timeframe as 4h , just broke a resistance that was pushing the price lower , volumes are rising so it could be a nice buy opportunity , with a stop loss around 19k and take profit in 30k zone. Don't take that as financial advice ! Have a nice day
IOTA / BTC, Key Level HitHello, and thanks for visiting!
We`ve hit the 0.618 Fibonacci Level and 200 EMA (30min chart)
I think we`ll see a new wave coming soon.
1 Target: 0.00028226 (1.000 Fibonacci Level)
2 Target: 0.00029756 (1.272 Fibonacci level)
3 Target: 0.00030555 (1.414 Fibonacci Level)
4 Target: 0.00031703 (1.618 Fibonacci Level)
Hope to see you again!
Leave a comment below, love to answer any questions!
IOTA/BTC Mid-Term - Cup and Handle IOTA had a very good time in the last few weeks, but is this bullish trend going to continue?
In this chart I just showed the trend movement, channels, and the possibility of having a Cup and handle in the next few weeks.
The Coin is OVERBOUGHT, yet that does not mean it won't go up again. It is more likely to have a correction in the next couple of weeks, which is the best time to go long!
Watch the trend, and do your research before any investment.
IOTA FACING RESISTANCEIOTA is faced to important resistances against dollar, Bitcoin and Ethereum. A breakout could be strong.
Against bitcoin broke another time the psychological resistance of 0.00024 (first ATH against BTC). It attempted to break it during the strong bull run of end 2017 but it was not supportive.
It is good possible that IOTA found yet more strenght to transform this resistance on support.
Actually is in a channel and is trying strongly to break a resistance inside this channel.
Against dollars it's also facing an historical resitance. Same for EHT.
If it break all this resistances. It would be a clear buy. Otherwise return to the trend.
BIO
Iotabtc Part 2 1st Wave setup going for completionPrevious setup falling wedges breakout trade work well but we still in 1st wave completion
TA:
- Forming 5th subwave of 1st wave
- Falling wedges breakout (previous)
- Strong support structure
FA:
-nil
TP:
- 50% retracement of 1st main wave
- 423.6% of extension
- Wedges previous high
-Conclusion:
- Potential Trade
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
Update idea
IOTA.. When BTC moves ALTS see red!So before BTC when on its run from 9,000 to almost 10,000 A lot of Alts where picking up steam. IOTA being one of them. We all see it clear as day that when BTC begins to run traders pull funds from their alts and place into BTC to more than likely keep the BTC value in their portfolios. Thats just my opinion. So when we get some sideways movement most of those Alts that were currently trending up and took a dip tend to make the way back to where they dropped from. I have seen it time and time again.
With that being said a close above that 15 EMA on the 4hr chart for IOTA would indicate a bullish scenario. I will have stop losses set tight with the hopes that BTC and trade with in that channel I previously posted. For now and until BTC makes a bigger move I am bullish on IOTA for a small % of gains.
IOTA TRADING OPENS ON MAY 4TH ON ROBINHOOD THE NEWS IS OUT SINCE EARLY THIS WEEK. A lot of folks start buying IOTA since this Monday, and they are looking for a decent profit. Once the Robinhood opens the market for this coin, customers are able to purchase IOTA with BTC, ETH, and USD! But, it is believe that those folks who already bought this coin during the last few days, will sell. This might cause a significant price drop, but it will most likely be recovered. Robinhood (Cobinhood) is a decent mobile application to buy stocks and Cryptos. There are a lot of cash $ sitting in there and it's a very minimal of chance that IOTA could not recover.
IOTA: CRYPTO BOTTOM SIGNAL = 38.93% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 38.93% PROFIT!!!
The increase in price may also be explained by positive developments including:
20 April: Fujitsu is set to introduce IOTA at the Hannover Messe trade fair in Germany this month. A Fujitsu Full Node that is connected to the first K5 Enterprise IOTA full node will be unveiled at the event.
20 April: The IOTA Foundation (IOTA) and InnoEnergy Scandinavia (InnoEnergy) signed a Memorandum of Understanding coming into effect this month. The two parties will collaborate on the development of smart community solutions and business model innovation
21 April: Fujitsu full node demonstrated at Hannover Messe trade fair in Germany. This allows for machine to machine payments and secure component tracking between robots.
30 April: IOTA Snapshot outline. This aims to reduce the size it takes for nodes to save the entire Tangle (to disk).
1 May: IOTA Ecosystem website is released. This includes an IOTA Development Fund that provides financial support to developers who make use of the IOTA platform.
(NEW) 2 May: IOTA Foundation (IOTA) joins Bosch, Groupe Renault, BMW, Ford, General Motors, ZF, and other mobility and Distributed Ledger Technology (DLT) leaders to form a new mobility industry consortium fostering joint development of DLT standards, pilot projects, and open source software tools.
(NEW) 3 May: I OTA Foundation is excited and proud to start the official unveiling of Qubic
(NEW) 2 May: Forbes publishes article on IOTA's price rise.
(NEW) 3 May: Huobi to list IOTA.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
DIGITAL ALPHA UPDATE - IOTA quick pickWhat is up everyone! This will be quick. IOTA is touching a significant area right now. If IOTA price breaks this magenta line, This has 30%+ potential gains in the next two days. Wait for the break (0.000248) before trading this and set your stop-loss really tight, 1-2% (0.00024552-0.00024304).
Get em!
DA BULL