Iotaforecast
IOTABTC BINANCEIOTABTC formed inverted head and shoulder and reached the target of 43% over long period.
Currently, it is testing support at lower Fib level and soon it may break and reach multiple TP's as listed on chart.
Major resistance is 50% Fib level which would take another few weeks to reach over there, so holding coin is good for a couple of weeks.
IOTA showing signs of life! IOTA might be ready to make a run for it here with volume showing up past few days
We would need for it to closed above resistance and retest it as support before entering
Only then can we target local highs, which is a strong possibility if BTC starts to pullback and money flows into alts
IOTA - Miota is good for buy now, target 75% ~ 100%IOTA/USDT- Miota forecast
4H/ 1D - up and minor uptrend
Price move above support level --> positive situation
BUY around:
0.335 - 0.351
SELL target:
0.401
0.453
0.523
0.650
0.720
Stop loss:
Under 0.325
#TrungVuz
News: ~ The crypto market warm, minor upward.
IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed acyclic graph (DAG) instead of a conventional blockchain.
Its quantum-proof protocol, Tangle, reportedly brings benefits like 'zero fees, infinite scalability, fast transactions, and secure data transfer'.
The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network.
#TrungVuz
IOTA - CALL FOR BOTTOM RISINGIOTA is one of my favorite coins. Let' start in short.
IOTA has been consolidating in the triangle for some time. There is still not enough volume to push it up.
But upon reaching the point E this volume can increase with demand and I expect we could get some nice positive momentum.
After confirmation of the wave E, it is going to be the right time to pick your spot.
Target zone marked.
IOTAUSD - 1D Chart AnalysisAs with Ethereum, the price of Iota has followed the same pattern with 3 different occasions :
1. The price increase which was registered on the 15th of December has been announced by the MACD's crossover on the 10th, the RSI's level of 48 registered with one day before and confirmed by the Stochastic with it's "fast" line coming above the "slow" one on the 16th.
As a result we could see a price increase which lasted 26 days (out of which 23 were of bullish trend) and a total growth of 0.1616$ or almost 75%.
2. On the 10th of January, when the price went below the 20 days Moving Average and when the bearish trend has officially started, the RSI had a neutral position at 44, signaling that there were small chances to see an aggressive movement after the big drop in the same day.
On the other hand, the ones which have announced the trend change were the Stochastic, which has registered a crossover on the 4th of January and the MACD which went below the Signal on the 9th.
As a result, we could see how the price has dropped and we can consider this period more like one in which the price has slowed down, as long as the daily average movement was constantly low for this sector.
3. The last was the price increase which we could see on Friday, the 8th of February.
In this scenario, the change in the price direction has been announced first by the RSI, which had the level of 30 and by the Stochastic's crossover registered on the 6th. This movement has been confirmed on the second day by the MACD as well, with it's Signal positioning on the bottom.
Today, these 3 indicators are in contradiction, as it follows :
* The RSI has a neutral position, at the level of 46, meaning that there is no "impulse" coming soon;
* The Stochastic is about to register a crossover, meaning that a possible price decrease may start anytime soon
* The MACD is still above the Signal, meaning that the bullish trend which has just started is not over yet.
As we can see, the technical indicators are showing different directions, more like on the 16th of December, but if the trading volumes will remain at least constant, it is possible to see the price of Iota setting a new height around the level of 0.31$ for the upcoming days.
IOTABTC - Short term TradeFalling Wedge pattern, good for short term profit...... Final target is given as per pattern...Predicated both the possible scenarios with arrows ( Green and blue arrows)...will take after the proper breakout and people who already hodling IOTA can proceed for revenge trading...
Currently, the market will test its minor support indicated by yellow box.
Further moves will update later as per changes.....
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IOTA/USD IOTA/USD is trading inside a range
IOTA has been failing to breakout of $0.4037 for four week
the bears pushed prices back but lower levels are attracting buying as the bulls try to stage a recovery.
If the coin rises from the current levels, the bulls will again attempt to breakout from $0.4037.
If successful, a rally to $0.6, followed by a move to the next overhead resistance of $0.8152, is probable.
However, if the bulls fail to force a turnaround at the current levels, a drop to $0.2051 is likely.
If this support breaks, a retest of the critical support of $0.1427 will be on the cards.
The downtrend will resume if this level gives way.
(Not a trading advice.)