IOTAUSDT Forming Cup And Handle PatternIOTA/USDT
(2H Chart)
(Bullish)
Forming Cup and Handle Pattern and to retest resistance at 0.236 Fib/0.79
Iotausd
Ascending triangleIOTA/USD price is ranging in a nice ascending triangle. The ascending RSI points that the triangle might break upwards.
Just an idea for IOTACompare last years downtrend and uptrend. Would the timing be the same this year? Interesting to see how things will evolve upcoming months.
IOTAUSD DECISION TIME! Iota needs to come down, but how far down will she come?
Have we just completed ABC 4th wave correction or are we currently in a 5 wave impulse?
Iota is currently completing a 5th wave Diagonal, the next retrace will tell us all x
Making charts to buy wine and pay for surfboard repairs. #nofinancialadvice
Lower High crossed. Expecting consolidation.The 0.67000 Lower High on 1D was crossed and the Channel Up (RSI = 57.762, Highs/Lows = 0.1669) is breaking to the upside. We expect IOTUSD to enter a consolidation phase, similar to the late June - late July consolidation, with successive cup patterns. Any upside attempt is still limited at 0.7947 and 0.95 (blue staccato lines) as 1W remains bearish (MACD = -0.282, Highs/Lows = -0.1543, B/BP = -0.5574). We remain short on IOTA, TP = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
BTCUSD EW analys road [7000$ -> 5300$ -> 20000$]BTCUSD EW analys road to NEW YEAR 2018
Hello everyone, after a long break from May, I update the information about the bitcoin movement
Look at the previous analysis, he was true!
But back to today's situation
and I think we are in the fifth wave of the correctional figure. That is, I expect in the near future growth in the region of 7000 and then again fall to 5300, after which the correction beginning with the month of January will end, and we will continue to move in the final fifth wave of momentum in the area of $ 20,000
subscribe to updates, thank you!!!
IOTA ANOTHER STEP DOWN?Harmonic Pattern, many resistances above.
But IOTA is often green wave coin.
Despite it I wait if it retrace around 0.3 dollars
I wait it there
UPDATE on IOTA ChannelAs you can see, even after yesterdays dump IOTA maintained its channel. This is a great r/r with a very solid, several times tested channel.
Always remember to set stop loss.
Safe trades!
Ascending channel IOTAOn the 1h there is a very clearly defined ascending channel. As with all channels, you can rather safely trade them long or short depending on where they should bounce, with a very tight SL.
Safe trades.
Symmetrical triangle/Pennant BROKEN! amazing short opportunityAfter yesterdays failed pump, (it technically DID break up but since it was a byproduct of BTC's blatant manipulation I chose to ignore it) Iota broke down the symmetrical triangle and confirmed in 4h, a good enough timeframe, our short entry. Right now, setup looks very promising and barring any other BTC pump we should see at least a 20% retrace to our previous local bottom. Could take profits inbetween depending on price action. R/R is 2.33, not the greatest, but good enough.
We also have ema9 decisively crossing down on sma20 and a tightening on Bollingers, which signals a big mvoe soon.
Remember to use stop loss, trade safe!
IOTA TRADE SETUP - SHOWING DIFFERENT ENTRY STRATEGIESHi guys, been a while.
IOTA just had its first initial impulsive leg up after a downtrend and is forming a continuation pattern. In this pattern i have layed out three different areas where you could go long with respectively their risk to reward ratios. As you can see the best entry is the one closest to the baseline of the triangle, but it doesnt reach this level too often. Depending on how aggressive / conservative you are as a trader, you choose at which point you would like to enter. Breakout trades are usually high in risk, but when done properly can give a higher succes rate.
Im looking to go long at the low risk level obviously, but when iota breaks out before it reaches that, i would take a smaller position size long at higher prices.
good luck
Short term consolidation before further downside. Short.The first curve shaped support held for IOTA and the 4H Channel Down broke sideways on neutral RSI = 47.802, STOCH = 50.707, ADX = 24.263, Highs/Lows = 0. With such a low pace (MACD = -0.104, Highs/Lows = 0, B/BP = -0.0521), the 1D Channel Down (RSI = 37.278) is limited to a 0.6700 Lower High maximum extension. As long as this holds, we will remain short on IOTUSD, targeting 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
IOTA to stand TALL against Bitcoin?IOTA is forming an upwards trend with significant touches. At the moment is struggling to cross it because it has not bounced back up as normal. However, the current wave in crypto looks favorable and there are signs of strength. In this regard, we can expect both a cross down and a bounce up.
IOTA/USD - 1D Chat AnalysisAfter the Bearish trend was confirmed at the end of July the market started to correct since the 16th of August.
The RSI jumped from the "oversold" area and the MACD line just crossed the Signal line showing the beginning of the uptrend, at least for the short time.
If the price will break the resistance level of 0.6629$ it can be considered the confirmation of a Bullish trend. If not, the chances for the support level of 0.49$ to be reached again are quite big.
IOTA/USD - 1H AnalysisThe price has stared to move sideways since the 14th of August.
Ideal Scenario : With the RSI on a neutral position and with the MACD above the signal line, we are just waiting for the first candle to close on green above the 20 Days Moving Average as a confirmation of a short term uptrend towards 0. 4765$.
Alternative Scenario : If the first candle will close on red above the 20 Days Moving Average and if the MACD will cross the Signal line, the changes of having a short term downtrend towards 0.4360$ will be increased.
Awaiting for confirmation on support on Lower High. Short.As expected 4H formed a Channel Down that has now found support (RSI = 48.008) near the projected first curve shape as it approached the November 02, 2017 low. 1D is now on a critical short term level where if today's 4H Lower High breaks then the price will most likely rise within the 1D Channel Down (RSI = 30.058, MACD = -0.139, Highs/Lows = -0.0860, B/BP = -0.2131) to make a Lower High near 0.6700. In both events (break or rejection) we expect IOTUSD to hit the TP = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
IOTA. When will the fall end?After a long fall, IOTA is now in its heaviest price zone. sellers broke down the trend line and now passes its test buyers. After such a strong fall, we need a consolidation and a price zone test that has stopped the fall.
I have two scenarios, from where a strong upward movement can begin.
The first scenario is from a price range of $ 0.41-0.43.
The second scenario is $ 0.35-0.37. It was from there that the previous upward movement began in November 2017. So now, I'll keep track of whether the buyers will keep price zones, whether there are still volumes for sellers to continue to fall, whether buyers will return the price above the trend line and whether the willingness of traders to buy this coin.
If the forecast is correct, the global target is $ 1.
If buyers do not keep $ 0.35-0.37. I'll forget to buy this coin for a while.
IOTA/USD going to 0.4$ ?!I would never imagine to see this again, but well, IOTA is showing sines it will go back to 0.4$.
