IOTA long downtrend on the verge of breaking upward.IOTA is reversing after years of downtrend, even though many old alt coins are pretty much higher then their lowest point (still long way till ATH), but IOTA just started to breakout.
*** Do your own research.
*** This is just my own analysis, not an investment advice.
Iotafoundation
IOTA: AUDI COLLABORATION - PROFIT = 10.11% !!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 24th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 10.11% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 20: Fujitsu is set to introduce IOTA at the Hannover Messe trade fair in Germany this month. A Fujitsu Full Node that is connected to the first K5 Enterprise IOTA full node will be unveiled at the event.
April 20: The IOTA Foundation (IOTA) and InnoEnergy Scandinavia (InnoEnergy) signed a Memorandum of Understanding coming into effect this month. The two parties will collaborate on the development of smart community solutions and business model innovation
April 21: Fujitsu full node demonstrated at Hannover Messe trade fair in Germany. This allows for machine to machine payments and secure component tracking between robots.
April 30: IOTA Snapshot outline. This aims to reduce the size it takes for nodes to save the entire Tangle (to disk).
May 1: IOTA Ecosystem website is released. This includes an IOTA Development Fund that provides financial support to developers who make use of the IOTA platform.
May 2: IOTA Foundation (IOTA) joins Bosch, Groupe Renault, BMW 4.20% -0.36% , Ford, General Motors, ZF 0.30% 0.09% , and other mobility and Distributed Ledger Technology ( DLT -0.68% -2.82% ) leaders to form a new mobility industry consortium fostering joint development of DLT -0.68% -2.82% standards, pilot projects, and open source software tools.
May 2: Forbes publishes article on IOTA's price rise.
May 3: IOTA Foundation is excited and proud to start the official unveiling of Qubic
May 3: Huobi to list IOTA.
May 17: Kontakt. io , the leading IoT 50.00% 50.00% (Internet of Things) location platform provider, announces collaboration with the IOTA Foundationt.
May 23: IOTA announces collaboration with the UN.
May 30: IOTA announces the release of it's Trinity Wallet for IOS and Android.
June 7: BitPanda lists IOTA.
June 22: IOTA and SinoPac team up to collaborate on digital innovations in the financial sector. SinoPac is one of the largest Taiwan-based financial holding companies which operate through the Asia Pacific
June 23: TipSection algorithm operates at 20 CTPS after IRI v1.5.0 was released.
June 25: BitPanda partners up with the Austrian Post to allow IOTA to be purchase for cash at over 400 Austrian Post Office branches.
July 8: IOTA participates in the first European smart city consortium (called +CityxChange). The consortium project will receive 20 million Euros in funding by the European Research and Innovation programme Horizon 2020.
July 26: Audi Think Tank & IOTA Foundation collaborate to explore Tangle-based mobility use cases.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
$IOTA #IOTA - FLAGS - third HUGE flag in a row??? 4th next??Hello Lads and Ladies,
Today we are taking a look at IOTABTC - the 9th most capitalised coin in the whole market. We are going to look at the very interesting structure and the possibilities we have now with IOTABTC.
First of all, we are seeing a very huge push from 14000 satoshi to 24000 satoshi about two months ago. After this push a very interesting and predictable structure has started. Fibonacci retracement lines are as well very well respected.
So, here is what happened and what we see.
A push starts and forms a double top at its top, in the second step it basically crashes straight down, forms a double bottom at the bottom and starts a new very strong push again, where at that top it forms a double top again and after doing that it crashes again. We have already seen that 3 times and the big question is how many more times is that going to happen again?
I have to add a very strange fact that I recognise in the IOTABTC chart. If you take a very close look, you can see that the first double bottom was exactly at the 50% fibs line, the second was exactly at the 61.8% fibs line, the THIRD one seems to be forming at the 78.6% fibs line - based on that, are we going to see the fourth double bottom at the 100% fibs line?
The same decrease is also seen with the double tops. The second double top was formed at a very strong resistance and support line of IOTABTC above 0% fibs line, so if you inverse it to would be the 23.2% fibs line, the third double top has been formed at the 0% fibs line, so based on that decrease are we going to see the next double top being formed at 23.6%??
I strongly believe that we are going to see a double bottom formed on the 78.6% and then see a huge push again. Nevertheless, I do not believe that we are going to see a fourth flag forming by following the same rules as sated before. This would be TOO predictable and this normally does not happen. I would still keep this possible structure in mind just watch the chart what it does and where we are heading to.
I am actually more seeing this decreasing double top resistance being broken and the push continuing towards 26000 or even 28000 satoshi. ANYHOW, I will first watch IOTABTC very closely and look for the double bottom. This double bottom might be very narrow, because the double top was very narrow as well and there is not a lot of space left between the current position and the blue dotted flag resistance.
It seems like we have touched very shortly the 78.6% fibs line and going up, taking a look at RSI, we should go up to about 50 points, fall down below 35 points and then start the push. Again, this might happen very quick. If you are not into watching the chart the whole time and believe in this structure repeating jus put a buy order at 17300 and chill. Should this structure actually happen agin towards the anticipated resistance, then that would be around 40% gains within this week.
Nevertheless, this might be nothing and we are going to move sideways or head even more down - you should always keep that in mind, that big negative days are actually a thing in this market. But then speaking of the market, like we have seen not only one bloodbath day, so we will most likely see not only one day where all coins just go straight up within a few hours.
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Cheers, Tomas
IOTA/USD - LongHey, So we've being hovering around $2.00 mark in the last couple of weeks. Seems to be bouncing off the $2 resistance line. with a bit of news from Mobi, it finally broke the $2.20 and bounced straight off the $2.34. Hopefully with a bit more news, it'll break my $2.55.
Alternatively, if we don't surpass the $2.34. We'll bounce off the $2.20 and try the $2.34 resistance again. and again.
thirdly.. if $2.20 Fails to Resist. A magic $2.07 which was created last week, will help.
Is IOTA ready to MOON?Hello, crypto maniacs!
On the 4H chart, IOTA is currently sitting on a strong support (dark blue line), which is perfectly matching with 0.23 Fib Retracement level.
Above the current price, at 0.00024572 level (red line), IOTA faced hard resistance.
Note the white box, where this exact same level was serving as resistance, there IOTA pulled back before it's rise to the ATH.
Also, please check both yellow circles at 0.00013109 level (white line).
The one, on the left, marks the begging of the previous bull run to the ATH. The other one marks the trend reversal from the Fib Retracement.
So, what does all that means?! Is IOTA going to take it's flight to the MOON soon?
I will let you determine for yourself!
NOTE: THIS IS NOT A FINANCIAL OR INVESTMENT ADVISE!
IOTA - An Ascending Triangle Forming?Hello, crypto maniacs!
As we can see on the 4H chart, IOTA reached hard resistance at 23187 level and pulled back, possibly going to form an ascending triangle.
This is my 1st chart on Tradingview and I will be happy and thankful to hear your thoughts about it!
If you like my idea, please give it a thumb UP:))
Thank you!