Iotabtc
IOTA - Be Greedy When Others Are FearfulThis was a TA that I've done a few days back. it seems that IOTA is following and bounced off the bottom trend line as expected, hence the massive growth in price at the moment. If the amount of volume stays consistent and this trend continues, we're very likely to really make it to "$10 before Christmas" as some people had once said. If we break through the bottom trend line, there's no way IOTA can recover. We can only expect IOTA to go into bearish mode when that happens.
As of now, Binance had already crossed the $4 barrier. Stoch and MACD looking surprisingly well with a huge BUY signal.
IOTA In for a treat (short or long?)Iota has had a hard time the last few days.
As mentioned in my previous analysis, IOTA has a strong potential because of their tech and multiple other reasons.
But did chrismass come early this year and will we see IOTA go to the moon.
I think we can reach a relative moon (our moon) (6.8-8.2$) today and then it will stabelize for a while.
But maybe IOTA will go even higher to a moon even further up on the midlong term(10-15$), so it could be worth to hodl.
If you bought on binance at 18 sats last week (dropped there to 17.2k sats). You can expect really nice christmasbonus.
For those who haven't joined yet, If you are early you might still be able to make a gain of at least 20-25%?
iot short term tradebroked the downtrend line today and we will gonna see this coin pumped near .00026 and good point to sell part of your volume
IOTA coil ready to springToday's rally is another small indicator that the IOTA mission to the moon is once again underway.
The perennial symmetrical triangle seems to be forming, coupled with a continued decline in BB width. The 0.382 resistance has also been tested three times in the past four days. Promising signs.
This is not financial advice.
IOTA - Consolidation Period / Now What?Iota has recently seen a massive bull run in the market, however, it is currently stalling in comparison to some of the other cryptos today. Ever since the increase the coins movement has begun to slow down and we are now consolidating at the current price, this could be in preparation for another movement upwards so keep that in mind. It is unlikely that we will Breakthrough to support and continue dropping since trailers or see that as an opportunity to buy in which will drive the price up, It will require mass amounts of selling pressure in order to drive the price below the $3 Mark or the $2.50 Mark. However, if that was to happen it would be a great place to think about investing.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
IOTA Trend Update0.5 fib level showing strong support (three times) while consolidating. New if you bought low hold, if new set stops.
IOTA/USD Longer term Possebility.IOTA is one of the altcoins I have the most trust in.
Right now lot's of people will not believe that it could go up again.
Quite normal, everybody was calling XRP a shitcoin last week untill it went up and we all were ripplelovers.
I've published another IOTA/BTC chart before.
Now I feel that there could be two possible futures for IOTA and I can't decide which one it is.
Last time I said IOTA would moon a few days after the CME listing of bitcoin.
I'm not saying this won't happen, but because of the holydays most people will be spending time with the family and buying them gifts.
Also the CME listing could have an effect that lasts multiple days on bitcoin, which results in alts not having a big chance to moon.
Iota is still unknown for the real newbie crypto traders and once people know what it does and how the tech works, I feel like they will want to buy it.
Nocoiners will be spamming bad things about BTC and a popular argument nowadays is quantumcomputing.
Iota already is quantumproof, so people will trust this coin because of its advanced tech and long/good history.
Hope you guys leave your opinion in the comments!
IOTA/BTC 1 Month analysis.Short analysis of IOTA (mid-long term)
Iota has been hyped recently and reached $5+.
The last time it has been in a down trend (bear market).
When we look at the chart we can see two strong trendlines.
A bullflag is being created and at the end of the flag, Iota could seriously moon.
Ofcourse, everyone could draw some lines and say, "guys look at this it's gonna moon, buy now wtf!"
I will give some extra reasons, why I think all of this will happen.
1. IOTA announcements.
Last time iota started with their announcements, the price mooned (from less than a dollar till 5.8 I think)
They have an incredible strong team when it comes to things like this.
We have seen this last time, and I think we will see this again.
2. BTC listing
When BTC enters the world of the stocktraders, they will pump the price for sure.
It has been media hyped the last few days/weeks and it had a negative effect on the btc price.
We had a bearmarket with drops to 12.5k. THIS IS NORMAL!
Every time a stock or precious metal (I traded gold and silver before crypto) gets media attention, it first pumps the price for up till 30%.
After that it 'corrects' again till the same price it was, this happens with a bearmarket.
After this happened, the price will moon. Not just go up, MOON.
We will reach ATH some people never had imagined. People who laughed at Mcafee will feel extremly stupid and will understand why he said what he said.
Ofcourse the price can't go up 24/7, there will be a lot of periods when btc goes sideways or "corrects a little" (5-10% after a 30% rise?).
This is altmoon time. Last time IOTA did not moon due to the previous extreme moon.
Now it will be corrected and people will start buying it again when they hear the increasing amount of announcements and discussions about IOTA.
3. IOTA upgrade and quantum computing.
IOTA is one of the only crypto's who can't get 'hacked' with quantum computing.
As this topic will come up more often, people will start looking for crypto's that already are resistant.
Guess what, IOTA is the number 1 crypto in market cap with a full quantum proof tech.
Thanks to the TANGLE tech they use instead of Blockchain, quantum can't touch IOTA.
(Read more about tangle and the Fee-free transfers online, just google it or something.)
I could give more reasons why I think what I said, but for now this is more than enough.
Conclusion:
If you can buy Iota for 20k sats or less, you could be making a lot of profit in the next month(s).
I wouldn't be surprised if IOTA would go up till 40-50k sats and reach a value of 8.2-10.8 dollar.
I hope you leave a comment, I'd love to discuss and talk about IOTA.
Thanks for reading this!
IOTA pattern seems to indicate a strong up trendBased on the pattern it looks like an IOTA up trend is likely. Consider the Bollinger Bands breaking at the bottom and the top. I expect a 0.00025 or higher very likely in the near future... perhaps even a retest of the 0.0003 resistance
IOTA DirectionIota seems to be stabilizing and we can see a few different directions at this point. If you notice the RSI has leveled out and is not overbought nor oversold but rather stable in the middle. It's safe to say that we will continue steady in the direction of (2). Although there may be a change in direction at the end of the triangle (1) and we could start to see a reversal or we could fall to the last support level of (3). I don't think we will fall in (4). It seems though in USD the steady price is around 3.70 to 4.00. Pay attention today as we are likely to see some noticeable IOTA chart directions.
50/50 unsertainty in IOTA at 0.00027 and 0.00022IOTA around 0.00025 BTC critical point.
Break below 0.00022 would lead to -50% fall
Break above 0.00027 to 50% gain.
IOTA reversal candles and bullishTime to buy IOTA as it seems to reverse
done all correction
and IOTA team is a great team !
IOTA meetup @ Microsoft FRANCE is sold out. More meetups to come in Paris:
www.reddit.com
Keep an eye on IOTA for a breakout against BTCIOTA is about at the end of consolidation after filling in a gigantic triangle pattern,
and is currently pushing the upper bound on increasing volume.
The decline took several days to a week to complete, so look for similar growth period to come soon.
IOTA Bear Trend Will Be OverWe are currently at red 7 according to Tom Demark count on the 4H chart. This means we can have up to 8 more hours of bear trend. I expect the price to go upwards after that.
Stoch RSI is oversold which confirms my idea.
There is a huge support at 3.58 area. If price touches that area it will bounce from there.
Resistance areas are: 5.12 and 5.6
Here is my high profit/low risk short term trading idea:
Long at: 3.7
Take profit at: 5.0
Stop loss: 3.4
For long term, I recommend buy and hold.
IOTA in troubleAfter admitting they don't have an official partnership with Microsoft the sentiment on IOTA has shifted. If we get a selloff here are some support levels to look out for. If selling volumes grow, expect a huge fall (I'll update the projection as it happens).
IOTA: Rocket Launch DetectedThe high-flying rocket IOTA, which broke the cryptomarket's charts in recent weeks with a whopping 260% monthly gain, is taking off again. This time we are setting up a short-term long setup, based on Triangle pattern, with 20-25% growth potential. It could make more - that's the nearest target.
Risks
If price drops below 4.10, the idea is no longer viable (stop-loss).
IOTA - triangles don't always have to fit on the 4 hour chart
4 hour charts are great, especially when they align with the larger time scale, which is the case here & it all ends up the same at the end of Pythagoras road. Just a reminder to step back every now and then, take a breather and look at how lucky we are to be where we are and put it all into perspective.
In this case it really doesn't matter if it's 4 hours or 5 day chart the triangle crosses at the same point.
Crack a beer guys, enjoy the view from above & make predictions either when multiple time scales match up or the carton is empty ;)
IOTA - Play Smart and Play SafeWe have successfully reached our target of $4.90 yesterday and BITFINEX:IOTUSD had immediately retraced back to $4.45 level. There's no need to fear, as we're still on a general uptrend. Notice the higher lows indicated by the green arrows on the chart above. I feel like this is a bear trap, so please, play smart and play safe. As of now we're testing the $4.45 support level and we have bounced off of it twice already. I wouldn't be worried until we hit below $4.20 support.
Trade Setup:
Stop Loss $4.20 USD
Target: $5.20 USD
