Iotausd
IOTA seems to be readyThe great correction has been ongoing for 9 months. The period at the blue flag could be the capitulation zone. The main support was broken. After this the price has been consolidating and building a new bottom, or so it seems. The green arrows indicate points where the new support is tested over the last few weeks.
The biggest downtrend lines have been broken and IOTA has now corrected from the last pump after breaking these lines. ( Last 2 weeks ).
So it seems IOTA is ready for good news to have a lasting effect again. And good news is comming in Q4 with Qubic and partnerships starting with real life products in Q1 of 2019. ( With Volkswagen ( VW ). Also AUDI, Bosch, Fujitsu and big energy companies are now working with IOTA. In The Netherlands there is already a charging station for electric cars running on IOTA. And this is only the beginning..
Please let me know if you agree IOTA is on a breakout point and a good investment for the next decade or two. ( Or just a thumbs up if you appreciate this idea )
IOTA 50% trade setupAfter previous breakout down and hitting Stop Loss new entry setting
Possible 50% profit trade worth taking R:R for me
Trade on your own risk (Educational TA)
Contained below the 1D Resistance. Wait for support break-out.IOTUSD has restrained the upside attempts below the 0.6700 Resistance on 1D (RSI = 43.266, MACD = -0.003, Highs/Lows = 0) and the 1W Channel Down (MACD = -0.289, Highs/Lows = -0.1279, B/BP = -0.4062) remains valid. 0.500 is the current support and if crossed we will see an aggressive drop to the November 02, 2017 low = 0.3199 which is our first TP. 0.1459 remains the extension.
IOTAUSD - 1D Chart AnalysisAfter a sideways movement that started on the 6th of September, the price is getting close for the 5th time this month to the the Support Level of 0.5238$ where it had difficulties in advancing towards lower values on the previous 4 attempts.
With the RSI on neutral position and with the Stochastic indicating that the price will register lower values, the bearish trend can be confirmed by the price at the end of the day. If the latter will finish the day lower than 0.5574$, it will create a red candlestick below the 20 days Moving Average and the possible targets are :
* 0.5091$ - the lower band of Bollinger
* 0.4384$ - level which wasn't reached since the 16th of August
On the other hand, of the price will reach the Support Level of 0.5238$ and it will fail one more time to break it, then the possible targets will become :
* 0.5849$ - Resistance Level 1
* 0.6681$ - Resistance Level 2
IOTA vs. Bitcoin: Triangle in downtrendYellow triangle is the key for this Pair.
60% is will go south
40% is will go north
IOTA ANALYSISOKKK GUYS, WE DEFINETLY SEE SOME BULL FLAGS THERE...WE HAVE TO WAIT FOR BTC FIRST TO MAKE A MOVE,SO THE FLAGS BE VALIDATE AS IOTA DEPENDS PRETTY MUCH FROM BTC..
H&S completed. New Channel Down emerging. Short.IOTUSD has most likely completed a tilted 1D Head and Shoulders pattern (RSI = 40.827, STOCH = 46.926) and the consolidation on the right Shoulder should be over. We are still within the greater 1W Channel Down pattern (MACD = -0.286, Highs/Lows = -0.1617, B/BP = -0.5165) where every Lower High is a short opportunity. If that is correct then a new 4H Channel Down should emerge (RSI = 42.474) that will descend towards at least the first TP = 0.3199 (November 02, 2017 low). The 0.1459 (July 15, 2017 low) extension can be put on hold for the end of the month.
IOTAIOTBTC
Moving in white channel. Waiting for break out this channel. 38,2% fibonacci. RSI - oversold.
Lower High rejection. Channel Down continuation. Still short.IOTA didn't cross the 0.7947 Resistance level and subsequently a new Lower High was made at 0.7428 that initiated a strong rejection (STOCHRSI = 19.365, Williams = -87.292, STOCHRSI = 15.207) within the 1D Channel Down (MACD = -0.042, Highs/Lows = -0.0660, B/BP = -0.0550). The new 4H Channel Down that has emerged can gradually take IOTUSD to our target set on this new bearish 1D leg. TP still = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
$IOTA, Otra Ves…
Weekly
Looking at our trend timeframe we see price has found support at 7000 satoshis, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for a reversal, a close above resistance and expect a radical push towards 15000.
Daily
Shifting over to our pattern timeframe we see price has broke out of its minor downtrend and formed a higher high. Stochastic RSI showing momentum is looking for support, price has formed a higher low at 9000. A daily close above 9500 and expect a higher high to form near 13000, however if rejected at this level expect a sell off towards 7000.
IOTUSD bullish trend reversalMACD upside momentum is increasing on the Daily Renko chart and there are bullish crossovers. Watch for the price to move above the upper trendline for a big trend reversal.
IOTA heading to 0.30 centsI think there is no need to explain this view....time will show
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***** This is not a trading advice. Please invest responsibly *****
Extending the consolidation within the Channel Down. Still shortIOTA is within the 4H Resistance (0.7950) and Support (0.6700) lines (STOCH = 47.520, ADX = 19.955), as the 1D Channel Up extended the consolidation since the latest report. It is however on a slightly negative gradient as the 1D Lower High applies selling pressure on those 4H levels. There is no reason to alter our shorting strategy as long as long as 1W is still on Lower Highs (MACD = -0.270, Highs/Lows = -0.1063, B/BP = 0.3526). TP still = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
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..
