Iota to enter a new paradigm There is limited data as Iota was primarily traded over the counter before being added to the first major exchange Bitfinex. Fundamentally everything seems to be on track but it won't be discussed in depth as is mostly about technicals and psychology. I will say that BOSCH opening saying they invested into the IOTA tokens itself is huge.
A correction has taken place and looks to be almost complete. If that is true, we could begin either wave 3 or C. It doesn't really matter too much which and it's impossible to tell without hindsight. Trading wise it's the same thing. A long here or at support will be rewarding.
The sheeps have heard of Iota, and most have dismissed it. There has been no fomo (fear of missing out)/ euphoric type talks about Iota taking over Bitcoin. This psychology of the mass is similar to Ethereum a few years ago. Most are skeptical of the claims and are waiting for more development and confirmation before putting larger money. The notion is to buy the potential and sell the product. Once Iota does do what it claims, the sheeps will be buying and the smart investors/traders should be selling.
Iotaforecast
HUGE IOTA POTENTIAL BY THE 12TH OF JANA very long time coming for this triangle trend which I forcast to breakthrough before the 12th of Jan. this shows a lot of potential in IOTA and with the consideration of the announcments that the IOTA dev team has lined up for Q1 of 2018, this breakwill only be a small upwards candle in the grand view of the charts by April.
IOTA Buy Set UpIOTA is one of the top cryptos around not only in volume also in what the coin is itself and what is behind it,in the near future i see it reaching a price of $7 to $13 but right now price has been growing very fast,today as one of the top ones it followed the correction of bitcoin breaking below the previous daily structure but leaving a big and long wick and retesting the daily TL and MP with the daily and weekly 38% fib (yellow and white one) ,indicating manipulation since that long correction candle just closed above the bottom of the structure,now we have an invertedf H&S in formation so now i expect price boost to the upside
IOTA/USD Orgasmic explosion to the moonHi Seildev here
Today we’re looking at IOTA/USD pair. This has been on my radar for quite some time as we have seen some explosive growth in the past month.
This chart presents a classic cup and handle with bullish flag coming down to 61.8% fib from swing high of 5.529 and swing low of 3.32. I expect this pair to rocket to targets:
- Target 1 @ 6.995 USD
- Target 2 @ 9.332 USD
I won’t say I will chop my manhood off line Mcaffe regarding his confidence on bitcoins however I’ll be somewhat most confident and say that I will shave both my eye brows if this pair doesn’t reach Target 1 6.995 USD by January 15th 2018.
As always, trade with a plan and safe trading.
If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
IOTA/USD Bullish Sign for another leg UP!Hi Seildev here
Tonight, we’re looking at IOTA/USD
From our previous analysis we have seen a bullish penant where it has broken out of the resistance.
Now we’re expecting a bullish flag and can expect further upside movement to Taret:
- Target 1 @ $7
- Target 2 @ $9.33
As always, trade with a plan and safe trading.
If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
IOTA Breakout is confirmed according to Tom Demark count. IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal.
This rise happened because of Robert Bosch Venture Capital news:
www.huffingtonpost.com
First resistance: 4.9
Second resistance: 5.5
I expect the first resistance will be broken easily.
If we reach 5.5 area we will get a new all time high because double tops near all time highs are unicorns.
My advice for IOTA: Buy and hold.
My forecast for IOTA: >100 at the end of 2019.
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 - 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/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 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.
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.