Iotabtc
IOTA - possible break out 1st of MarchHello Traders
IOTA is not my favorite token, but they have some really unique features to offer:
- a tangle, that sometimes works
- a coordinator, that makes it somehow centralized
- a wallet, that sucks monkey balls
- snapshots, that nobody really understands why they do this
- a scam seed generator, the idea was brilliant (sorry for the losses guys)
Apart from that, they are really about to announce great stuff. Some great news like:
- a working tangle
- a coordinator which is not needed anymore
- a wallet that works (ok, sucks less)
- no more scams and bad news
As you can see, the IOTA future is bright. Appart from this deep analysis there is a falling wedge and a rocket.
Iota sleeping giant will wake up soonAs you can see IOTA is still in downtrend but showing some strenght in one spike in volume.
I would suggest for aggresive traders to buy now and set stop loss bellow our last support but for conservative traders wait for confirmation of breaking downtrend.
Anyway Iota has lot of news ahead so I am expecting in next weeks or months price will jump crazy.
Consolidation area over 83 days is long time especially in cryptoworld and money makes money so once big guys will play around with iota we can see momentum and price spike.
Happy trading Iam loading iota before news hit world
IOTA/USD - 2/27/2018IOTA has been a highly anticipated coin that suffered a huge price drop similar to others. Following this drop in price, it has now been forming into an ascending wedge and is looking up once again. The price has been forming this pattern since February and has used the trend on a total of about 7 occasions. This leads me to believe that the price will continue to follow this trend for the time being, meaning, the next couple of weeks. Inside of this wedge, there are profits to be made. The price is currently near the bottom of the wedge and has recently closed above the Leading Span B of the Ichimoku cloud, this indicates that the price may soon experience a bullish run. If this is true, the target price is set at the 23.8% fib retracement level, on the fib tracking the current downtrend. In the shorter term uptrend, we see the 23.8% fib also being used as resistance but much earlier. In confluence with a resistance level at $2, there is a high possibility that this level will keep the bullish run short before returning back in that direction.
Important Resistance Levels: $2.185, 2.059
Important Support Levels: $1.769, 1.572
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
IOTUSD (8h): Fundamentals may have changed. 1.75 > 8 USDVolkswagen recently announced its cooperation with IOTA at the Connected World Conference in Berlin. The Chief Digital Officer of Volkswagen becomes a member of the Supervisory Board of IOTA. Important is, that it is not IOTA that said this, but Volkswagen. Such commitments precede a long test and are not usual. What could that mean? Together with Bosch, Volkswagen could see IOTA as a important technology. Due to their size, both companies are able to make IOTA the standard for IOT (Internet of Things) in the automotive industry. Volkswagen includes these brands VW, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, MAN. If IOTA turns out to be a usable technology, we know what this could mean for the price. I'm not a fan of IOTA, but there are news that could fundamentally change our view of IOTA. I'm from Germany. I know the autimobile industry well and a few backgrounds. We all know the critical voices about IOTA. Against this background and the market power that Volkswagen and Bosch are assuming, we should revalue IOTA. That's why I reworked my Chart and analysed it with pure TA.
IOTA has tested the resistance line at MA200 on 22.2. and has gone up since then. This point is very important from my TA's point of view, because it is Fibo 0.23 at the same point. Several trend lines and trend channels arise from the past. MACD has also turned positive. All of this together could trigger a longer upward trend. I have recently increased my position at IOTA.
Targets:
Fibo 0.382 = 2.32 USD
Fibo 0.618 = 3.55 USD
Fibo 1 and ATH = 5.80 USD
Fibo 1.618 = 8.75 USD
Looking at IOTA in the Log Scale also presents a positive long-term picture.
Log Scale:
Let's see what happens. Happy trading. :-)
The END of the War for Mr.IOTA Bearish !What's Up Investorsssssss !! IOT Future Profit Has to go Right in YOUR pocket !!!
Now, How the hell can we do this MR. DJET ! ?
Easy !
IOTABTC Is in a great zone. We should be expecting IOTA to Skyrocket within a near Future !
We do have to take into consideration what happens with BTC for the simple reason that it will effect every ALTS Including IOTA
IOTA might be cheaper during the BTC drop to 4700 Area.
Tools Used to get this Crazy prediction :
fibonacci retracement
relative strength index ( RSI )
ichimoku cloud
Trendline
Bearish Pattern
Don't forget that When BTC Gains X % generally Alts Gains 1.5X to 2X more than BTC
Agree If you do & Follow me If you want more !
Iota: Bullish signsA lot of alt coins are showing bullish signs. This brings me to believe the next alt coin rush will happen soon. It is just a matter of time. The yearly bitcoin bear cycle is almost over and if we see bitcoin surging in the next 2 weeks. We can expect alt coins to follow when bitcoin relax. Check my previous post on bitcoin to have an idea of what I'm looking forward to. In short, I don't think bitcoin will break 20k just yet. That price tag is still a strong psychological area. However, that is when the alt coin will have its next big run again. The bad fundamental coins from previous alt coin run, that experienced a pump, won't see much action at all, if any. But the new coins will see a bigger price spike. It is simple why that would be the case. People needs something to talk about that is constantly new and refreshing, it is in human nature. How many old coins did you see in 2015, 2016, etc. that is still around? This feeds into the parabolic moves we saw last Nov - Dec.
Tip: Long term, winners will find a way to win. Losers will remain loser. So take your time out and research the project thoroughly. This will increase you chance of winning. It is better than spending your time on Tradingview looking at other people's charts/strategies that you do not understand. What are your thoughts?
Trade with care.
IOTA/BTC: Bears clawing it?Hello ladies and gentlemen! This will be my first published idea and like most of you I'm just the regular Joe who really knows nothing about charts, trading, FAs or TAs. But since I've been enjoying myself trying to learn and check some ideas on TradingView...decided to share my own crappy charts.
Here we have Iota/Btc on 4h charts and the bears have the upper hand for quite some time. It produced a Death Cross (marked as red) awhile ago and been on the down hill.
Everytime it tried to break above the 200 EMA (in purple) it has failed and broke bellow the 50 EMA (in yellow) which now serves as primary resistance.
It appears to be creating and Head & Shoulders pattern which combined with a bearish cross on the MACD.
The MACD itself is displaying an Head & Shoulders pattern. All combined I believe the Bears have an hand on it and price should drop down in the near future.
On the down side we have the 61.8% Fib that could serve as the first support around 17000-18000 sat. But the H&S could take it lowers than that, measuring the lengh of the Head.
Taking into account the increase in Bitcoin's price this scenario seems most likely unless Bulls return to Iota/USD and make a harder run than Btc one.
Best Regards,
Legal Disclaimer: This information is not financial advice nor a recommendation to buy or sell. It's only meant for use as informative, entertainment and educational purposes.
Will The Downtrend In IOTA Coin Continue?IOTA price faces stiff resistance from its 20-day EMA. The 20-day EMA has been a strong support to the coin over the last 3 months. However, the price fell below the 20-day EMA in the starting of mid-January and since then has not been able to break above it. The coin price came very close to its 20-day EMA on February 1st but was not able to break out. In the last 3 months, IOTA price has always bounced back after testing the 20-day EMA from above. IOTA is presently trading below all its crucial EMAs, be it the 20-day, 50-day or 100-day EMAs.
This could be in for a prolonged spell of a downtrend. If one takes a look at the technical chart above, it could be observed that the coin is poised for a Death Cross.
"A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level. As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes." In IOTA's case, the long-term 100-day EMA is just a few Sats away from going past the short-term 50-day EMA. A Death Cross in the days ahead could further push the IOTA price lower.
RSI is below 50 indicating a downtrend. The MACD turned down at the 9-day moving average, a sell sign.