IOTA Going for $5.36IOT GOING FOR $5.36
Here is a clear example of why i still think we are on pullback of the current downtrend,price still below the multi timeframe TL and previous monthly and weekly structures creating a pullback based on the 4h and daily timeframe of the current bearish trend but there's a big chance to break and close above the previous multi timeframe TL and monthly PTZ due the increasing volume coming to the crypto market and the bullish price action we seen in the high timeframes (price action) so for now we can enter a long intraday position in IOTA atleast to the LP of the multi timeframe TL and monthly PRZ and 4th 4h elliot
And looking the big picture and a long term swing trade we must wait till price close abvoe the described areas and consolidates above it to confirm the new trend
Iotabtc
Keep an eye out for this long instrument -IOTA/BTC.
Drawing attention towards IOTA with upcoming conference with giant BOSCH.
IOTA/BTC instrument has entered the maturation of mid term consolidation . Wanting to keep an eye out for bullish break out bouncing off a crucial support level (pink). Since early Feb a nice bounce is observed from 30 mark RSI accompanied by the bounce off the support.
In case a break out the diagonal resistance of the VOL along with breaking out of the down channel takes place , a buy opportunity may arise.
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DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.
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IOTA/BTC Binance TA for beginners. EnjoyHello Traders,
A follower has asked for a simple TA on this pair so I have kept this as simple as I can.
The two major features of the chart are the descending triangle on price. You can see with the Blue circles, we keep putting in the same or lower highs. The Yellow circles show us that we are putting in the same lows.
When we have lower highs, and the same Lows it suggests eventually we will run out of buyers at the level of the lows and price will break down. We are looking for a break down on this pair unless we see a Higher High (Price puts in a new high price, that is higher than a previous cycles High).
So price means our bias is short, or to sell.
MY other concern is Volume, a number of these pairs are seeing volume drop and eventually volume creates the demand to move price. When volume is down price can spike on small transactions making trading messy.
To Trade this I would want to see price Advance down through the support (Black Line), and then pull back up to the black line, I can then enter short or wait for bar to move down and sell the bottom of that.
I am trying to keep this simple to follow, if you have any questions please ask them and I will try and clarify them for you.
Always remember if you want to make dollars your decisions need to make sense. You need to take your time with this one, wait for a clear entry or keep your money.
Feel free to follow if this was helpful to assist your trading.
Round 2 for IOTA is about to come.IOTA is a solid idea besides blockchain, IMO it could be the infrastructure of upcoming IoT world, it also has potential to be 'the coin to go' in terms of micropayments.
Technically, a huge falling wedge has formed and we still need to wait for breakout in order to confirm the pattern.I am bored and just going to enter early.
TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
IOTBTC (D): IOTA - Broke out? - BTC Chart SeriesIota has performed relatively well compared to other coins in the last few weeks. Many coins crashed on Fibo 14 or 0, not Iota. Currently, Iota could have left the consolidation triangle. That would be a positive sigal.
Let's see what happens. Happy trading. :-)
IOTA Long Term OutlookIOTA is slowly forming a falling wedge, which is a bullish pattern. Nevertheless, there could be more downward movement in the future until it consolidates. Consider these support levels as buying zones to minimise your risk. There isn't yet a solid base for this coin but we might see it form in the next couple of weeks. Happy trades.
Quantum LeapQuantum Resistant Ledger is a project whose tech is unlike anything else out there today. No other crypto-currency uses XMSS to thwart attacks from quantum computing. By the time QC becomes a viable threat, I believe the masses will have already moved their funds to be secured by blockchains that are quantum resistant. If you didn't know, quantum computing will be able to break 99% of blockchains today, including Bitcoin, meaning that if you have ever signed a transaction using your private key, that address is vulnerable to QC and your funds can be stolen. Most projects are either ignoring this threat or kicking the can down the road, and by the time the attacks begin, it may be too late for most unfortunately.
At a minimum, QRL is a fantastic hedge, as a "just in case" safety net. Today it exists as an ERC20 token but will launch its own blockchain sometime in February-March. POW mining based on Monero's cryptonight through Q3 2018, then a switch to a POS algo developed in house by the team. Ephemeral messaging, PQ VOIP, VPN, token functionality and much more to come.
Many blockchain projects try to do everything, but some of the best investments are in projects trying to do just one thing very well. Once upon a time, Monero came out of nowhere and joined the top 10 club because it offered privacy tech that no one could match. QRL is ranked #179 on CMC. DYOR and tell me what you think.
See chart for a good window to enter a long position and the top of the fib chart is my target by June.
IOTABTC The Sleeping Giant is Awakening! 400%!IOTA has shown a double confirmation of the support line of wave 4 and is refusing to dip lower.
Even during this bloody day for crypto it seems to be holding firm! Get it now at a bargain price and HODL till we hit our targets!
- IOTA has gained A LOT of partnerships
- A lot of news lately
- It will have sub waves! This is the wave projection on a larger scale!
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