IOTA BTC Impulsive wave theoryGood chance to hop on and enjoy the ride, hopefully BTC doesn't kill it. :) Pick yourself targets that are fitting to you.
Iotabtc
Just cents from historic landmark 0.618This is just beginning, if you did not start to enter the previous calls (previous ideas) I think now the best opportunity to enter is to wait for the setback that you should have after getting the 0.618
IOTA: CRYPTO BOTTOM SIGNAL = 17.66% 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 17.66% 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.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
IOTA Scheduled for May 1st-3rdThe idea speaks for itself. You have a pretty clear trend of IOTA breaking out from descending triangles. We know the payout can be huge. For this next run I'm putting a target at 31000 satoshi's. My timeframe is based on IOTA never making it to the corner of the right triangle.
IOTABTC looking ready for major moveIOTABTC looks ready for a major move. Painting a bull pennant and displaying nice consolidation. If it breaks upwards - a great time to buy.
IOTA/BTC 1 Month ProjectionWe are looking at IOTABTC on the 1D Chart.
I Used some Fib retrace to lay this out. Buy zone looks like it could be around .000195 with a stop loss at .000175 (10% risk). Target for sale would be around .00029 (50% gain). We will see if the channel and retrace hold up.
IOTA ready for a breakout?IOTA lookks like it's building up to a breakout from a triangle pattern in the next few days.
Candles are riding low on the bollinger, and volatility is dropping. RSI looks ready to swing back around again also.
Target 0.0024351
It will likely hit this previous high, and then hopefully find support and continue higher to 1.618.
Resistance
Fib 0.786 (0.00023270)
Fib 1 (0.00023920)
IOTA/BTC 4H BULL FLAGIOTA/BTC 4H - BEARISH FLAG
This scenario, in my humble opinion is most likely to happen.
Then we would have clear ABC correction to 0.5 fib levels.
This actually might happen if BTC make any sudden rupture moves.
For now I would stay away for the trade and if I were to enter IOTA/BTC I'd ladder my buy order in the red rectangle zone. Perhaps even in the golden pocket zone, depending on BTC moves.
Is IOTA (MIOTA) Really A Blockchain Challenger?IOTA (MIOTA) rose to prominence in the crypto community as a blockchain challenger. The cofounders of IOTA (MIOTA) came up with a mathematical solution to do what the blockchain does and called it Tangle. The concept they use is called Directed Acyclic Graphs (DAG). This directly eliminates the need for miners as each node in the tangle verifies two previous transactions. It also means that the more transactions and users on the platform, the higher the transaction speed and network growth. In addition to that, there are no transaction fees on IOTA (MIOTA).
Read Full Analysis Here: cryptodaily.co.uk
IOTA = Easy Money Potential 300% profit incomingI see what looks like a repeat of early December. IOTA doubled in price, small accumulation period, then it quickly made huge profits. We don't have a crystal ball, but it looks good here. I'm expecting $6 before mid June.
Is IOTA ready to MOON?Hello, crypto maniacs!
On the 4H chart, IOTA is currently sitting on a strong support (dark blue line), which is perfectly matching with 0.23 Fib Retracement level.
Above the current price, at 0.00024572 level (red line), IOTA faced hard resistance.
Note the white box, where this exact same level was serving as resistance, there IOTA pulled back before it's rise to the ATH.
Also, please check both yellow circles at 0.00013109 level (white line).
The one, on the left, marks the begging of the previous bull run to the ATH. The other one marks the trend reversal from the Fib Retracement.
So, what does all that means?! Is IOTA going to take it's flight to the MOON soon?
I will let you determine for yourself!
NOTE: THIS IS NOT A FINANCIAL OR INVESTMENT ADVISE!
Hunt this long-term Buy opportunity for IOTA / BTC..Technical analysis:
.IOTA is in Range bound but Beginning of uptrend is expected.
.In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index ( RSI ) is 42.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.00018 to 0.00013), if so, we would set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.00018)
.Ending of entry zone (0.00013)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000237
TP2= @ 0.000292
TP3= @ 0.000321
TP4= @ 0.000473
TP5= @ Free
IOTA - Corrective Pattern Wave BIOTA appears to be most of the way through a B Wave in it's correction.
It may finish up here and begin it's C wave correction - or it may bump up a bit higher before beginning to fall.
I suspect this will be partly determined by what BTC chooses to do in the next couple days.
Either way, I doubt this coin is finishing correcting. Based on Fib Ratios from the A wave, I think it's final resting place will be near the 200 EMA line or just below it.
Somewhere between 0.000187 and 0.00018. It's very unlikely it will drop lower than 0.00017 due to the previous impulse wave's territory (if that is a real impulse wave).
I expect there to be another drop in the next 48 hours.
Iota: upside, correction, breakout. Iota will some short term upside. Then it will dip to the lower trend line then explode and hit the 1.68 fib.
IOTA/BTC UPDATE 2Told you! Let's accumulate some now,when we are in the zone. Next targets marked blue.
IOTA Trading Channel IdeaIOTUSD Possible trading channel for IOTA on the weekly charts. Looks like a clear 5-wave impulse on the IOTUSD weekly if the trend channel is respected.
Retrace back to $5 to 150% profit, and $10 at 1.618. Potential $35 - $50 end of the year with the crypto bull run, hitting the 6.618 Fibonacci like the previous run from $0.3 - $5.8.
