IOTBTC
IOTA at 1,30 resistanceWatch my daily technical analysis on Bitcoin & crypto alts like ETH BCH EOS IOTA LTC
As opposed to her fellow brothers EOS & BCH, IOTA hasn't broken her neckline yet, which shows relative weakness right now. But beware - once we get above that area, it could break out with big gains to the 1,35-1,40 area. Support is established on the downside now at around 1,20.
Currently it has gained EMA 12 as support, while EMA 26 is still resistance. If we can break out the 1,30 area will also highly depend on grandpa BTC, who has run pretty much from the bottom now & might have to consolidate a little bit before continuation.
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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 breaks May lows, April lows still holding!Watch my daily technical analysis on Bitcoin & crypto alts, BTC BCH ETH EOS IOTA LTC
IOTA breaks the May lows of 1,33 Dollar, but still remains relatively stronger to Bitcoin, because at the April lows we were actually at 90 cent. Since we've broken the big equilibrium on the Hourly and Daiy bearish 2 days ago (=> see my video), we've been rejecting from EMA12 in 15min all the way to 4H unanimously. As long as thats the case, there is little hope for the bulls. But beware. grandpa BTC is trying to find a bottom in the 15min, and if it's successful, IOTA would follow. If that doesn't happen, that next support is around the 1 Dollar range.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
I'm currently a member of the ChartGuys community.
IOTA vs Bitcoin Price Prediction 2018IOTA has fond the bottom near 140k satoshis that is 76.4%. At first price went slightly lower, but eventually rejected the Fibonacci support together with the uptrend trendline. Price went up and on a corrective wave down rejected the 61.8% Fibonacci support together with the upper trendline of the descending channel.
All-in-all trend now is bullish and growth is likely to continue. The nearest resistance for IOT/BTC is around 420k satoshis, that is a potential double top. If price managed to break above, the next resistance and the key target is around 640k satoshis, which could be reached this year.
On a downside, IOTA could correct down to the 50 Moving average and even down to the 140k satoshis support, but only a break and close below 127k satoshis could invalidate bullish outlook.
IOTA Next move ???In chart 4h
Iota can a lot of percent will up with support XABCD PATTERN and MACD
We can see MACD of IOTA in Triangle Pattern Which will push IOTA pump any time
We can buy a fews and take profit
Buy zone : 20400 - 20800
Profit
(1) 21200
(2) 21800
(3) 22800
(4) 24000
Stoploss : 19900
Goodluck Everyone
Thanks
IOTA has a very bearish outlook with this H&SIOTA mad a big rally from the April low, but things seems to have turned around again. Looks like a big H&S giving targets around the April low's. The neckline is already broken and usually it should drop again from the current level. But crypto's don't care about TA rules so there still see another small rally before it starts to drop again. But like every other pattern, they can always fail! Usually when that happens we should see a strong counter move. For me the H&S remains valid as long as price stays below that red resistance area.
Previous analysis
End of wave 2 ??Here RSI is at a critical level near 47-48 range. If it sustains we can see the starting of wave 3.
IF that level breaks and BTC remains unstable, level 40 on RSI could be seen as a support.
Hope that this level sustains and we can see a pullback.
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea will be appreciated as I am learning TA.
IOTA short consolidation & newsBITFINEX:IOTUSD has been doing really great recently, there is quite much of activity around this project and I will mention some of the upcoming events below. BINANCE:IOTAUSD has been in downtrend for a long time, but nothing unexpected since BITFINEX:BTCUSD has been going down.
I watched the run IOTA made from 1 $ till 5,5 $, so let's see how things will develop now and where it will get us.
We could see on the chart that IOTA broke the 2 $ resistance line, but not long after, it came back to where it was. It is staying solidly around the line of 1,95$-2,02$, which is a good sign.
This is just a small consolidation, then we will see next up.
We could see the three following resistances, 1st at 2,20$, 2nd at 2,60$ and the third could possibly just be a fake breakout, so we should be careful about it.
But first, let's see how things will develop with the first resistance line because it is the most important one.
News:
Official Bosch Press: Bosch turns Chinese cities into SmartCities with IOTA!
twitter.com
Events are as it follows:
1 March 2018 - Founder of IOTA speaking at an online conference - Crypto Virtual Summit.
14 March 2018 - SXSW Conference - Dominik Schiener will be speaking with Ayelet Noff about building a machine economy with IOTA.
16 March 2018 - Business Plan at BBCTokyo - Presentation of business plans at the Blockchain Business Camp Tokyo.
31 March 2018 - Partnership w/ AV testbed - "Q1/Q2 2018 is when we start announcing some of the partnerships for AV testbeds.".
31 March 2018 - Trinity Wallet Beta.