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IOTALONG

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
BITFINEX:IOTUSDLong
by ErnestEA
38
IOTA - BTC Futures FUD is Over, To Infinity and Beyond!The amount of novice trader panic buying at the all time high indicates a very strong resistance point at $5.5 as everyone is trapped there. A second resistance point is at $5.15 when we failed to break it on 12/6 and 12/8. A third resistance point is at $4.45 where we have successful passed and broke out on 12/7, but failed to breakout on 12/10. As of now we're looking to retest $4.45 again, if we managed to breakout, it is a very bullish signal. We're very likely to go all the way back to $5.15 before bouncing back down. We have 2 support. A weaker support at $3.75 as seen on 12/8 and 12/10. A super major support at $3.5 as seen on 12/8 and 12/9. We have managed to stay above $3.5 despite all the BTC FUD indicates that $3.5 is a very solid support. If $3.5 support breaks, we're looking to sell everything immediately. Trade Setup: - Stop Loss at somewhere around $3.5 - Sell 30% IOTA at $5.15 to secure profit in case we can't break through $5.15 resistance. - If we manage to break out of $5.5, there's nothing that can stop us. Sell 70% at $5.9
BITFINEX:IOTUSDLong
by ErnestEA
38
IOTA - Bullish TendencyGood afternoon traders! In my previous analysis (linked below) I identified a triangle pattern in IOTUSD H1. As you can see, price broke triangle pattern, and then, tested its new resistance line at 4.2. Now that the market correction has finished, price will keep moving forward throught its tendency line. Volume tendency supports current price tendency. Recommendation: BUY TakeProfit1: 4.99827 Take Profit2: 5.28218 (Riskier) If you find this analysis helpful, don't forget to follow, like and comment! :)
BITFINEX:IOTUSDLong
by Juanchobanano
11
IOTA trade idea for day traders.With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being eyed as a catalyst for IoT growth. IOTA is the e-currency of IoT and IOTA's value will be much more than whole IoT market because it is a limited commodity. I called for long when the IOTA price was 1.04. People who have followed my advice made decent money. I expect IOTA price to be >100 USD by the end of 2019. For that reason I recommend to buy and hold. But if you are a day trader there is a good trade opportunity: We are currently at red 5 on hourly chart according to Tom Demark count. IOTA price will fall up to 4 more hours then uptrend will start again. We are currently at green 4 on daily chart and green 5 on weekly chart. Which means bull trend will continue at least 4 more weeks. Here is my short term idea for day traders: Long at: 4.02 (fib. 0382) Take profit at: >5.5 Stop loss: 3.4
BITFINEX:IOTUSDLong
by EylemCulculoglu
14
IOTA - Take some profits before it will be cut in halfIOTA had an incredible run over the last weeks. I have been aggressively buying into weakness in September and October below 0.45$. Now it is about to reach the 3.618% Fib extension at 3.78$ and is getting overbought in the short-term. I´d recommend to take some profits off the table and put some limit buy orders between 1,50$ and 1,90$. As far as I can see the volatility will rise dramatically and a 50-70% pullback is getting very close... Take some money off the table but don't short this bull-market...
BITFINEX:IOTUSDLong
by MidasTouchConsulting
IOTA Bull Trend Will ContinueIOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet Of Things Market will reach $267B By 2020. IOTA is the e-currency of IoT and it is market value will be much more than the whole IoT market as it is a limited commodity. I recommend to buy and hold IOTA for long term. If you are a trader, here is my short term idea: Long at: 2.39 Take profit: >4.0 Stop loss: 1.40
BITFINEX:IOTUSDLong
by EylemCulculoglu
7
IOTA/USD Alalytics by Elite Team Brokers ( Skype: saharovanil )There are a lot of good news on the coin, therefore the trend in long should justify itself even with the purchase and hold mode. The best price to buy back is 1.90$. But actually as we noticed the correction on the 2.3 mark did not happen serious, for this we expect a fall to about 1.9 $ Those who hold the currency in LONG can already buy at the rate of 2.15 and keep it to $ 2.8 or $ 3 The forecast period is 2-14 days.
BITFINEX:IOTUSD
by saharovanil
5