IOTALONG
IOTA TA (Daily chart) [09 April 2019]Reason to Long IOTA
- Breakout of symmetric triangle
- 4hr EMA fanning out
- Daily EMA expected to have golden crossover
- BTC bullish sentiments
Entry Point : $0.327 - $0.349
- 0.382-0.618 fib level
Exit Point : 4hr chart to have golden crossover
- Combined with RSI, MACD analysis
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.
IOTANow IOTA moving in accumulation zone this is good zone for buy before IOTA fly. According to my observations, I noticed that the iota team has market makers who know and have experience how to make a rocket for the price of iota. that's why my recommendation is to add this coin to portfolio for the medium term. Swing trading
Potential bullish movement for IOTAIota appears to be forming an ascending Triangle. This may signify some bullish momentum upward but would need to break across horizontal resistance at above ~.32 cents. If Iota manages to push up above that resistance, I expect to see upward movment to at least .41cents however I would not be surprised if bullish momentum is able to push past that up to nearly .50 cents.
IOTA Full Setup Next Target 61% !!IOTA on the Bottom Areas if You thinking to Take Position in IOTA then Given Below Some Levels,
Long - 7700 Target Will be First Target 8200 & second 11000.
if IOTA Cross The Resistance 8200 then You Can Long on the Support 8200 to Next Resistance Level 11000.
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
IOTA sitting Silent slightly above Demand zone.Hey! I am back with another Technical analysis, this time looking at longer timeframe on IOTA.
Informative text.
If you are only curious about forecast, go to " Technicals " or " Conclusion"
IOTA has tested known demand zone in august and saw relatively quick 70% gain . But this still wasnt enough as Bitcoin was going pretty much sideways, and IOTA and every other coin has to obey and follow .
The thing is , if IOTA would breakout and see an 300% gain for example, and be at second ressistance point from above, IOTA would be worth only about 2$ per coin , without Bitcoin showing some green moves.
Buyers need to see an good uptrend certainity on Bitcoin for strong altcoins as Ripple, Ethereum and Iota for example to see parabolic or sharp uptrend moves.
This doesnt neccesary mean that Bitcoin has to break 20k level or higher for IOTA to see price above 6$ once again, but it would help a lot, all I am saying is that Bitcoin has to leave the demand zone of 5800-6000 area and continue gaining value to show alts their way.
If Bitcoin sees another crash to 5800 , alts will follow and very likely to see oversold crash bounce as IOTA seen once.
Technicals.
IOTA is showing once again that she likes this Demand zone .
Unsuccesfu l breakout and downtrend has been formed. After this downtrend is broken I expect to IOTA remain silent for about the same time as Bitcoin or show some sharper moves up when Bitcoin starts to move.
Low volume shows that an uptrend is first most likely to happen and after a while IOTA can see another Breakout .
MACD is showing clear trend , and its currently uptrending with MACD giving first week buy signal , still unclosed but on a good clear way.
RSI shows demand still above 30 even after such sellout, found some support and began uptrending , with ressistance getting close to support, sharp move may be ahead . (15-60% at least).
Conclusion.
Uptrend or an impulsive move most likely to happen. IOTA has good Fundamentals and there is no reason for IOTA price to not grow .
Use the ressistance levels as take profit zones , slightly below ressitance.
Thats al l from me, for now. If you agree with this Technical Analysis , consider leaving that " Agree Button " blue , as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
Technical Analytic for #IOTA (06-09)This is a risky call. So if you can't pay attention all the time, Don't get entry
We can hope IOTA follow the H&S form
#IOTA (IOTA/BTC)
Buy : 8500-8700
Flash Sell : 8800-8900-9000-9100-9200
Short Sell : 9300-9400-9500-9600-9700
Stop : 8300
Follow me for more signals
Inbox me for more signals
Let's change our point of view(IOTA)Alright guys here we go again with new chart of IOTUSD..check the similarities if 1 is 1'
2 is 2' and 3 is 3' then we are going super bullish but ,to have a bull run we have to break some serious resistance lines and the first is BTC to brake to 7150 then 8430 and after all and most important is to break the 10k levels..let's observe and see..