Iotausdt
Still bearishI don't know about you guys but all i see is a huge bear flag and the preparation of a big fall...i have been off for several months and all i was doing was to observe the market..all i think is that BTC will hit a range of 4k-5k no matter what or maybe to a flash crash around 3.5k..it's all depending to the BTC approval of the SEC..the next weeks will be extremely interesting but my prediction of the BTC price at the end of the year is around 18k~20k ...for now it's still bearish and it will be..do not forget the most of the coins and especially the IOTA was x10 from early-mid november(2017) to early january(2018)..keep that in my mind...
!!!DO NOT CONSIDER THIS AS A TRADING ADVISE
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 reaches lows at 40 Cents - Bull reaction normalHello my dear IOTA traders & hodlers,
IOTA reached 40 Cents, almost the same lows before the December parabolic moves: A reaction from the bulls here is very normal & healthy. Depending on grandpa Bitcoin, we could still see some upward potential to 66 Cents.
If Bitcoin cannot break the neckline, obviously we have downward potential up to 35 Cents at least.
I whish you a wonderful weekend! ;) If you're gonna trade in this environment, please make sure to set your stop loss!
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
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.
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.
IOTABTC - Simple WedgeBuongiorno, here's another fucking wedge...
Similar pattern to Dec/January wedge.
Huge impending % gain potential
Bottom target around 10000 sats..
Peace,
DISCLAIMER:
MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
IOTUSD - Market AnalysisHi,
This chart shows the decending trendlines which are acting as resistance at the moment. My outlook is that the market will remain brearish untill these resistance lines have been broken through... there is support at $0.90 - $0.96 from the previous lows but this support has already been tested multiple times; I beleive if the price comes back to this level again, then it will likely break below the support.
I don't own any IOTA, I just keep an eye on the price for my friends. This is not financial advise, doing your own research is encouraged :)
Any thoughts or questions feel free to comment,
GLHF!
IOTA: LongggIOTA has formed a symmetrical triangle that will most likely break out on the 5th touch (purple rectangle ). Based on that makes IOTA a great buy position.
IOTAUSDT: Price Near Longterm SupportIOTA is hovering near its longterm support - we will use this opportunity to open a small position with a tight stop loss targeting a 50% fib. retracement from the previous high. This trade has an excellent risk reward ratio as long as you adhere to the stop loss (on candle close)
Buy: 0.98 - 1.00
Target 1: 1.16
Target 2: 1.34
Target 3: 1.59
Target 4: 1.89
Stoploss: 0.87
IOTA is bullish on daily chart!!! (Confirmed Breakout)I see some bullish divergence at macd on IOTA's daily chart also it broke daily inclined resistance from descending triangle. It is a good chance to go long for IOT/USD.
PS: If we break small channel which is around 1.12 , real rally will start then we will see 1.90 soon.
Buy-in zone:
0.87-1.08
Take profit:
1.90
2.61
Stoploss:
0.75
Have a nice day,
Berk
IOTA SHORT to 0.79$IOTA is moving inside a triangle which is formed by a strong support but at the same time a very strong resistance (coming from ATH) is crossing down the triangle. Daily Stoch RSI points down. RSI turned down. MACD neutral but might turn downward soon. In case IOTA breaks the support it might still continue to decline to ≈ 0.79$ level and there it will touch the trend line. IOTBTC chart doesn't look good at the moment.
Also given the fact that BTC might retrace a little bit since it is overbought and IOTA reacts to BTC downtrend with 2x I see this target easily reachable.
0.79$ level will be a good level to buy (depending on the price action)
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***** This is not a trading advice. Please invest responsibly *****
IOTA - Potential Reversal or Trap?1. Using Gann Fan to identify major support/resistance area, IOTA bounced at an intersecting point indicating a strong support area
2. Bullish RSI divergence is being formed on the daily chart. Price is forming a lower high while RSI is forming a higher high
3. Symmetrical triangle is being formed indicating a breakout soon
4. Using Tom DeMark Sequential on the weekly chart, last week's candle gave us a TD Red 9, forming a TDST support at $0.93
I believe right now would be a great time to open a long position due to the reasons listed above. Stop loss would be at $0.93 where the TDST support and the Gann Fan intersecting point is also located at. Please note that the TDST support is not considered broken until the weekly candle closes below it, so beware of fake outs.
IOTA possible next long runIOTA not looking as hot as usual after the tangle mess. But for now, expect it float under $1.30 before another btc pump.
IOTA EXPECTED BOTTOMS AND BUY TARGETSIOTA BUY TARGETS. LOOKS LIKE A DEEP RETRACEMENT COMPARED TO THE OTHER TOP 20 COINS. COULD POTENTIALLY SEE IT GO ALL THE WAY TO THE BOTTOM OF THE PURPLE LINES, BUT GETTING LOTS OF CONFLUENCE NEAR THE TOP AND MIDDLE OF THE PURPLE LINES. TAKE A CHANCE AND PUT SOME BUY ORDERS NEAR THE BOTTOM OF THE PURPLE LINES, MAY GET LUCK AND GET PICKED UP BY A WICK. ALSO THE MARKET MAKERS MAY INTENTIONALLY GO DOWN THERE TO TAKE OUT THE STOP LOSSES BEFORE IT MOVES UP.
LOOKS LIKE IT'S FOLLOWING A CHANNEL AND MOVED ON TO NEXT CHANNEL, AND USING THE PREVIOUS CHANNELS RESISTANCE AS A SUPPORT.
LET THE TRADE COME TO YOU. AS LONG AS YOU HAVE A PLAN (A,B,C,D,&,E) THERE IS NOTHING TO FEAR.
MAY UPDATE FURTHER DOWN THE RETRACEMENT LINE,
NO STOP LOSS FOR PRICES THIS LOW.
GOOD LUCK TRADING,
IOTA at important channel supportHey guys, IOTA is at an important channel support right now, with the lower wick at 1.13. This channel support is upholding since 6/30, and a break here together with granpda BTC would be decisive. We're right now still holding 26 EMA both in IOTA/USD, as also in the direct correlation of IOTA/BTC. There we have established a support line around 0.000175 => Once we break bearish, IOTA would be more leveraged than BTC. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
To the upside we have reached the same Highs as on 6/19 with 1.25. We'll have to develop some strength to break that.
All in all, an upward channel is like a normal equilibrium, only on steroids. So bulls, beware! ;)
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA Holding the linear trend lineIota is in a good buy set up. MACD and RSI rising on daily to a positive bullish territory.
It all depends on if we can hold our trend line which holds from November 2017 on a linear scale. (the 1 year long support on logarithmic scale was broken a day ago, but let's watch now the linear scale since it seems that IOTA follows more this type of scale since last lower high we've got on the 3rd of July 2018). Many guys are posting here that IOTA broke the support, but try to switch your scale and you will see that we have got a nice bounce and that the last lower high fits better with the linear scale.
So for me it's not a sell yet!!
Especially not with other indicators like MACD and RSI printing a bullish divergence and the daily stoch RSI having on the bottom as well.
Let's have a look how iota will behave around the 1,45$ (if we get there :-)
In case our uptrend (support) line gets broken, we can expect a quick fall into a double bottom at 0.9$. From there we could see a reverse of the trend or continuing our fall, which would be very nasty (trying to find a new bottom on the support line of the falling wedge which could go very deep and form a zig-zag ABC correction). Moreor less the further development of the price depends on the bitcoin's price anyways.
Stop loss under the local swing low ( I'll set it up at 1,111$ because it's a nice number)
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.
Equilibrium broke like anticipated, now take profit!Hey guys, just like I've been posting yesterday, we have broken the equilibrium in the 4H bearish together with grandpa BTC & reached the previous lows at 0,88 with more than 5% profit potential .
So: If you played this like I suggested: Good for you! Now it might be time to take profit (if you haven't so far) & wait for further price action on Bitcoin . We're right now highly oversold in the 4h & Daily with BTC , and grandpa still gives the direction.
If you don't want to miss equilibrium breaks next time: Please follow me & watch my daily videos! (description in my status). I wish you a good trading! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA in equilibrium, break coming!Hey guys, IOTA, just like grandpa BTC is right now in a tightening range on the 4H with the 1,02 long wick as resistance & 0, 918 as support. A break here is coming rather sooner than later, and will see a big move. Of course, the direction will highly depend on BTC.
A bear break is looking at 0,88 at least. Should those not hold, next supports in the Daily are at 0,85 & 0,7. A bull break could lead at least to the recent highs at 1,075.
=> Since we're in a bearish trend , the break of equilibriums always favors the bears, than it does the bulls. But you still have to wait for a clear break, esp. with those long wicks & fake-outs. So always be more conservative, miss a few percent rather than getting faked out. Set your orders accordingly, and never forget your stop loss. Look at BTC before trading here, IOTA isn't going anywhere without grandpa. I wish you good luck trading! ;)
If you find my analysis helpful, please like & subscribe, and watch my daily videos, I will be talking about the equilibrium today! ;) (description is in my status)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
