Iotausd
IOTA BEAR FLAGi observe this bear flag on BITFINEX:IOTUSD , the uptrend trendline violated so the pattern seems to be in play.
Trade opportunity is to go short, A measured move of the impulsive leg down put targets at $0.126
There is however a chance the market interprets this as a pennant in that case the move will be smaller and target is at $0.1560, in that case it may be building a bottom
MeowSignals - IOTA/BTC Free Trade CallEntry: 2257 sat
Stop loss: 2208 sat
Take profit: 2441 sat
Expected call duration: 4-16 hours
Call strength: medium
Call risk: low-medium
Brief Summary: IOTA approached the first standard deviation of the 4H 50 Bollinger Band, but its entry was denied. A second retest and the entry itself is likely, as the price met a significant bottom pivot and a retrace is inbound. The target is the 0.382 Fibonacci Retracement, or the 4H 50 SMA. The signal is also supported by a bounce from the daily 200 lower Bollinger Band, which acts as a support in compression. Proper stop losses should be set. Small loss, small loss, BIG WIN - remember the strategy.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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IOTA/BTC TA Update (Big Bounce at key support?)IOTA/BTC
IOTA price has now reached the 0.618 Fib support and an area of confluence plus descending trend-line support.
There is a high probable chance of bounce will happen in this area especially when RSI is approaching oversold condition.
We could expect some price action to happen within a week.
Descending Triangle miota\USD - DIf today candle close above slim yellow line, then price will likely move towards bold yellow line. Then hopefully breakout-retest-and blast off to infinity.
Fundamentals of this project are so unbelievable, mIOTA is massively undervalued at this time. There has been a plethora of great news this year, including: partnering with the Linux Foundation, OMG Global Standardized Protocol, Abra, Qubic, Coordicide, Paracosm, Trintiy, and so much more.
IOTAUSD formed bullish Gartley | upto 13% movePriceline of IOTA / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2645 to 0.2548
Sell between: 0.2721 to 0.2904
Regards,
Atif Akbar (moon333)
IOTAUSDT forming bullish Crab | A long opportunity coming aheadPriceline of IOTA / US Dollar cryptocurrency is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2619 to 0.2558
Sell between: 0.2667 to 0.2782
Regards,
Atif Akbar (moon333)