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IOTASHORT

Amazing opportunity IOTA, Symmetrical triangle about to resolve!As you can see on the 4h, after breaking down a channel several days ago IOTA started forming a symmetrical triangle which is about to end. This gives amazing return opportunities with minimal stop loss potential. My money is on a short, but it could go either way. If there is even a wiff of a dump on btc, I am pretty sure we can go to at least the mid .40s You can also see at the 30m chart how firm this pattern is, here: Will set up orders on both sides, see which one executes first. The chart has the short setup marked with a red arrow, and the long setup marked with a green arrow. Always remember to set up your stop losses and good luck!
BINANCE:IOTAUSDShort
by Motrok
IOTA. It's dangerous to buy now the trend line was break by buyers, after sellers returned the price under the trend line after 2 months. After breaking the trend line down, its test is now under way. If he is successful - then I see the following: 1) The price falls to the price zone 0.74-0.81 - from where it again tests the trend and goes 0.51-0.56 2) The price falls to the price zone 0.74-0.81, from where the rebound begins to 1.11-1.21 I will consider the long variant only when the price is fixed above the price range of 1.11-1.21.
BITFINEX:IOTUSD
by P_S_trade
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.
Long
by DrIntp
3
IOTA - Short Price Decline - Subsequent PumpIOT should be comfortable testing the $5.00 price line (IOTUSD) until a confirmation in either direction confirms. Currently, RSI, MACD, MAs support price decrease, and this is even further supported if the resistance at $5.00 holds up for 1-3 days longer. If we land at ~$5.25, there should be a price increase, and given the On Book Volume there would be a massive price increase if the volume begins to take off. If we stay above $5.00 but under $5.10, we should see some more flirting with the $5.00 price line and need more confirmation. Should IOT stay below the $5.00 resistance while increasing in volume, I wouldn't wait for a drop much larger than $0.25 before buying into a mid-term pump. Bollingers are showing that the current price is overvalued by almost 2 standard deviations, thus supporting at least a small price decline (1 current standard deviation = ~$1.00). Ergo, if downward movement begins, it's not unreasonable to expect a ~$1.00 price decline for a buy opportunity of ~$4.00 (depending on what the "new" Current Standard Deviation is equal to). Overall, IOT should see another massive growth pump within 10 days, but it depends on how the next couple days shake out. I'm cautiously buying IOT at it's current price, only if it drops to ~0.000282 BTC/IOT, but I'm hopefully awaiting a price adjustment(s) to ~$3.50-4.25 in order to buy more before the next takeoff (approximately 0.000262 and 0.000235 are future targets if decline is triggered). Words to the wise: BTC is in a downtrend, but it is starting to show signs of breaking back upward--and we know how quickly it goes up. Take ANY Altcoin advice you are reading with TWO grains of salt. I do not advise risking more than 5% of your BTC on IOT at the current price (because the downside risk is larger than upside), and I certainly don't advise trying to buy into Alts while BTC is low. Yes, you may come out on top of very few coins that essentially "magically" move up alongside BTC pumps, but the reality is that you are almost guaranteed to lose BTC if you buy Alts just before a BTC pump. My stop losses would be reflective of BTC price movements upward to over $17.5k if risking 5% of my BTC. Cheers, and good luck on your trades, -Jordan P.S. Please like or share if you found this analysis useful, and don't hesitate to leave me a direct message or comment on this Idea if you found it interesting, have more questions, or think this is entirely too wordy for what people are looking for--sometimes I enjoy hearing myself type more than a regular human being...
Short
by jhindman989
6