Iotabtc
IOTA - counting elliot wavestomorrow is FUJITSU conference, I am really confused if we are looking for ending 5th wave as bigger wave 1, or this conference invalidates my actual count
if you have better idea by elliot wave rules, share it
I am awaiting higher high on daily RSI for confirmation - around 85
IOTA EASY EASYThere are really similar patterns on how Iota is bought.
After rebounding from the major suppport it found support on the blue line (an old resistence). Actually is approaching an old strong support (the brown line) intersecating with an horizontal resistance and I think that from there it will find support again on the blue line.
If you look at the RSI, it looks very similar to november 2017. After retracement form a high, buyer catch iota around RSI 58%.
Depending on Bitcoin, FOMO, FUD, Fake and true news, market manipulation, whales, new exchanges etc... I see very probable that IOTA will go back to 4.3$. . Remember the lines don't lies. Follow the lines and you will know if you have to HODL or SODL. personally I TRODL.
BIO
IOTA: CRYPTO BOTTOM SIGNAL = 29.73% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 17th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 29.73% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. 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.
2.20 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
3. 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.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
IOTA - An Ascending Triangle Forming?Hello, crypto maniacs!
As we can see on the 4H chart, IOTA reached hard resistance at 23187 level and pulled back, possibly going to form an ascending triangle.
This is my 1st chart on Tradingview and I will be happy and thankful to hear your thoughts about it!
If you like my idea, please give it a thumb UP:))
Thank you!
IOTA Ready For a Major Breakout!IOTA setting up for a major breakout. How far away? Only one way to find out, watch and observe the VOLUME. Volume drives price and right now it is staying consistent.. RSI is starting to curl upward with momentum. We have MACD crossing the signal line and Aroon is bullish. We broke through resistance at 18000 and key support at 17000 with the next support at 14000. If we break 14000 then we may see 13500 or lower. If the bulls have hold we can see 20000+. Looking at the chart now and we can see the big cup and handle which took 3 months to complete. An even bigger rounding bottom is forming and we have increasing support.
On the daily 50 MA is below 100 MA. Good thing is the 9 MA is crossing the 50 MA. 12 MA is crossing the 26 MA.
4H Chart is bullish all the way 20 MA is above both 100 and 200 MA
IOTA: BULL RUN 39.26% PROFIT !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 14th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 39.26% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. 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.
2.20 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
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
IOTA Potential Bull playLooking at the 4HR charge, it's appears a flag has formed, there is a chance it will break upward, but it can also move down.
Entry would be above the Fib 0.236 (0.00020138), wait for a closed candle in the 2HR or 4HR before entering.
points of resistance
Fib 0.5 (0.00021385)
Fib 0.618 (0.00021942)
IOTA has Broken out from Downtrend channel!Hey, this is another Idea on IOTA.
Iota has been long time in a Downtrend channel after the breakout (115 days).
During this time, IOTA has shown us no clear Bullish divergence.
BUT 2 days ago IOTA broke out from the dowrtrend channel and can keep on growing.
Looking at the indicators.
MACD - Yes, the MACD has looked kinda bullish in this downtrend channel and you could still make about 25% each trade with the daily MACD, but it could never hold on the uptrend. This time its different because we have broken the channel and Blue line is steeply headed upwards.
RSI - In short, First time bullish after 4 months.
CCI - Shows high demand.
Hope I made your view on whats going on with IOTA somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks!
If this gets a little bit of attention, I will update.
IOTA: BULL RUN SET TO CONTINUE? 14.90% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 14th of March 2018 .
Using this buy in point and selling at today's price , you would have expected to net 14.90% PROFIT !!!
The increase in price may also be explained by positive developments including:
1. Fujitsu executive Rolf Werner joining the IOTA Foundation
2. Announcement an the impending Trinity Wallet Desktop launch.
IOTA Finally Woke UpFinally we have something to cheer about. Notice I am not using any MA/EMA on this chart for now. I am only able to use 4 indicators. What I see is a bullish reversal. One of the best trend reversal indicators is the Aroon. We are at the limit on the 4H. Aroon up finally crossed Aroon down on the daily chart. MACD on the daily is crossing into bullish territory as well. Volume has been on increase since mid March with a slight decline in volume and consolidation in April. THe trend lines I have drawn were started weeks ago except the last red trend line. We have broken the most recent red trend line and above the green trend line. We have strong resistance at 17500 sats. Key support is 14000 sats. The black curvedline indicates a cup pattern while the blue curved line is a potential larger cup.