Iotabtc
IOTA Sell a break.IOTAUSDT - Intraday - We look to Sell a break of 1.084 (stop at 1.144)
Price action has formed a bearish ending wedge formation.
Daily signals are mildly bearish.
Trend line resistance is located at 1.200.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Our profit targets will be 0.931 and 0.888
Resistance: 1.140 / 1.220 / 1.300
Support: 1.050 / 0.980 / 0.920
IOTA (MIOTA) - May 29Hello?
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(IOTAUSD 1W Chart)
(1D chart)
The 0.70762957-1.29319710 section is an important section and it is important to get support as it rises.
To break away from the short-term downtrend line, we need to see if it moves above the 1.31143737 point by around June 2nd.
If support is found at the 1.31143737 point, it is expected to turn into an uptrend.
As I said in the BTC price chart, most charts currently do not form a proper sideways zone.
Under these circumstances, if the price of IOTA rises above the 1.31143737 point and finds support, I think it is likely to move up quickly.
An upward break above the 1.71207698-1.91239677 zone is most important to continue the uptrend.
If you fall from the 0.70762957 point, you can touch the 0.10951858 point, so you need to trade carefully.
-------------------------------------
(IOTABTC 1W chart)
It remains to be seen if it can rise above the critical point of 3725 Satoshi.
(1D chart)
It remains to be seen if the 2667 satoshi-2889 satoshi section can support and rise.
If it falls from the 2667 Satoshi point, Stop Loss is required to preserve profit and loss.
However, you need to trade carefully because you can touch the 2489 Satoshi-2566 Satoshi section and rise.
In order to turn into an uptrend, it needs to rise above the 3208 Satoshi point and find support.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price is below your average unit price whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the funds that ultimately correspond to the profits can regenerate the profits.
-------------------------------------------------- -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
IOTA/BTC - higher low & V shape recovery?Everywhere is blood on the streets, but it seems like it cannot get worse than that. We have a strong bullish hidden divergence playing out with a higher low while RSI is at 34 for yesterday. MACD could converge from here again. There is a high chance that we do climb up from here without seeing these lows again. The question is how quickly we can reach our previous high again.
Aiming to reach the 3600 Sats mark (Mid Band BB) again.
IOTA - TWO SCENARIOSI'm now scalping long up to $2.25 - further price action will be observed in this topic.
Currently locked in medium term bullish pennant, price will most likely re-test both of the resistance/support levels number of times until breaking out.
Two scenarios presented in green and red.
If interested in my point of view, comment and follow the idea.
#IOTASTRONG
Last chance to board #IOTA $IOTA #MIOTA$IOTA #IOTA #MIOTA - Is at the last point of supply, before the inevitable happens, and new millionaires are made.
This is Wyckoff Theory. It's how large money moves a market to their will.
Don't fight large money, just ride their waves.
The next major wave from here is vertically up.
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.
Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume.
SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action.
LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term.
BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
IOTA (MIOTA) - May 8Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(IOTAUSD 1W chart)
We have to see if we can ascend above the important point of 2.49603989.
(1D chart)
It remains to be seen if it can climb along the uptrend line and rise above the 2.49603989 point.
If it falls, it remains to be seen if it gains support in the 1.71207698-1.91239677 range.
If it falls at 1.55251884, a Stop Loss is required to preserve profit and loss.
However, careful trading is necessary as it can gain support and climb in the 1.12689452-1.29319710 range.
On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line.
If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary.
-------------------------------------
(IOTABTC 1W chart)
We have to see if we can get support at the 3725 Satoshi point, which is an important point.
(1D chart)
3555 Satoshi-4221 You should watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can gain support and ascend at the 3725 Satoshi point.
If it falls, we need to see if it can rise along the uptrend line.
2667 Satoshi-2889 If it falls in the Satoshi section, Stop Loss is required to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
IOTA rising slowly with no signs of exhaustionIOTA has had the classic full cycle pattern in USD terms and extreme capitulation in BTC terms. The IOTABTC chart is telling us much more than the one on the USD chart, and currently seems like accumulation ending with a wyckoff wick & spring, ready to blast above this triple top from the accumulation.
IOTA overall is a project I wouldn't trust and I'd put it in the league of XRP and some others. I don't think it is functional, but somehow it also has a following behind it and its development team is very active. Anyways, price says up, so up!
IOTA (MIOTA) - April 28Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(IOTAUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 1.91239677-2.51335617 section.
In particular, we have to see if we can get support at 2.03351702 and rise above 2.33285479.
If it falls, we need to make sure we get support in the range 1.71207698-1.91239677
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls at the point of 1.2319710, a Stop Loss is required to preserve profit and loss.
------------------------------------
(IOTABTC 1W chart)
(1D chart)
3555 Satoshi-4221 You should watch for any movement that deviates from the Satoshi section.
If it falls, we need to make sure we get support at the 3886 Satoshi spot.
2667 Satoshi-2889 If it falls in the Satoshi section, Stop Loss is required to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
IOTA (MIOTA) - April 19Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(IOTAUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 2.18657391-2.41735783 section.
If you go down at 2.03351702, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
It remains to be seen if the uptrend can continue, breaking above the critical point of 2.49603989.
The next volatility period is around April 23rd.
-----------------------------------
(IOTABTC 1D chart)
We must see if we can rise above the 4221 Satoshi point and gain support.
If it falls, it remains to be seen if it can gain support at the 3555 Satoshi spot and move up along the uptrend line.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
IOTA - buyers are strong below 2 USD, do not panic sell hereTechnical:
Our target at 2.18 USD has been reached and price overextended to 2.7 USD. Right now we are witnessing a huge sell-off (-40% at peak), mainly triggered by a chain reaction of margin longs being liquidated. At the moment we are finding support at the prior resistance line around 1.9 USD. BB Mid is at 1.88 enhancing this level. From here on I am placing buy-orders down to 1.60 to potentially leverage a few more spikes to the lower support line. Personally, I would not panic sell here as a second and potentially third drop should not be that strong. These are buy levels.
Fundamental:
The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin . The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
MIOTA Breaks Above $1.50 After Chrysalis UpgradeIOTA Price traded at $2.12 with a loss of 0.34% in the last 24-hour and 25.07% up in the weekly time-frame. Furthermore, IOTA bounced from the support of $1.50. In contrast, the market capitalization stands at $5 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.85
IOTA (MIOTA) - April 8 Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
You should watch for any movement that deviates from the 1.4942213-1.84039802 section.
In particular, it remains to be seen if it can gain support at 1.55251884 and climb along the uptrend line.
We have to see if we can get support by climbing to the 1.84039802-1.95578998 range.
If you fall from the 1.49422213 point, you need a short stop loss.
However, you need to trade carefully as you can touch the 1.29319710 point or the uptrend line and move up.
If it falls in the 1.03265428-1.14804624 interval, a Stop Loss is required to preserve profit and loss.
If the CCI line falls below 100 on the CCI-RC indicator, there may be volatility and you need to trade carefully.
It remains to be seen if the CCI line can break above the EMA line and continue the uptrend.
-------------------------------------
(IOTABTC 1D chart)
2889 Satoshi-3555 We must watch for any movement that deviates from the Satoshi section.
If it falls, we need to make sure we get support in the 2667 Satoshi-2889 Satoshi section.
If you fall at 2566 Satoshi, you need a short stop loss.
If it falls at 2222 Satoshi, Stop Loss is needed to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
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