IOTAMoving in triangle. IOTABTC touch support line and dont break, now need go to the resistance line
IOTUSD
IOTUSD (D): Next possible buying opportunity of these days ...If we hold MA200, a further upward trend can be expected.
This results in an opportunity to buy or a re-entry for swingtrader.
Maybe wait a few hours and see the situation and then get in.
Let's see what happens. Happy trading. :-)
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.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
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.
On the verge of an importan mdeium term break outIOTA is on important crossroads on 4H. Despite our perception of a 4H Channel Down to be formed (RSI = 45.126, MACD = -0.003, Highs/Lows = 0), if 1.7625 breaks, then the price will test the 2.0330 Resistance. If not it will first come across the 1.6223 Support again and then 1.5169 & 1.3417 in succession. So depending on the break-out, we will either TP = 2.000 or 1.3500.
IOTA correction down to 1.5$ rangeIOTA had a massive move up due to the recent new.
Like they say buy the rumour and sell the news
IOTA is doing ABC zigzag now. Wave A is almost finished, expecting a bounce soon to complete wave B and then a final 5 waves down to finish off C leg.
Between Resistance and Support levels. More downside to comeIOTA was aggressively rejected off the 2.0330 Resistance on 1D but has now found an equally strong support at 1.6999. 4H suggests that it will trade sideways for a few candles (neutral RSI = 46.406, ADX = 33.708, Ultimate Oscillator = 49.275) but the underlying trend on 1D indicates a continued downtrend from here (MACD = -0.027, ADX = 35.273). Our TP = 1.5169 and 1.3417.
IOTA Short-Term Upside TargetIOTA formed the bullish divergence on the RSI oscillator after it found the low at $1.33. The following wave up resulted in a break above the 200 Moving Average and the downtrend trendline, suggesting the the price is likely to change the trend.
Fibonacci, applied to the corrective wave up after the trendline break, shows that currently 127.2% Fibs level, at $1.7, is being rejected. At the same time the 200 Moving Average also acting as the support, that is currently holding.
Such price activity suggest that IOTA should start to move higher, and could reach $3 resistance area, confirmed by 127.2% Fibs applied to the corrective wave down since 3rd of May.
If IOT/USD will break below current support at $1.7, confirmed by the daily close lower, the bullish outlook could be invalidated and IOTA could decline back to $1.33 support area. But considering the risk/reward ration, it seems that the buying opportunity is very reasonable at this time.
IOTAIn 3D chart IOTUSD touch trend line and after show Bullish Engulfing. RSI - oversold. This a good signal to buy.
Signal of possible IOTUSD huge trend reversalAs you can see IOTUSD is almost breaking up ICHIMOKU CLOUDS and CCI has been above 100 showing IOTUSD has a strong force to revert its downtrend.
I might be wrong, but that is what I am seeing.
Thank you,
Rafael.
IOTUSDIOTUSD
Suport at 1.3221 and 1.0354
Point of control 1.8784
Resistance at 2.1955 wich coincides with fib and its near the top for value area (around 2.4625)
Next resistence at 2.8667
Cryptogame - The Order In The ChaosHi everyone. I hope everyone is fine and doing well. Sorry I have been very busy at work these days hence was unable to post anything. The previous chart was getting too 'long' for the updates, hence I am posting this one.
Many things in the pipeline. EOS and TRX have their main-net launch dates within the next few days. Still, because of the overall market sentiment, the regulatory clouds, CFTC investigations/probes into BTC price manipulation in the market (they FINALLY figured out something was wrong lol!), the SEC focus on ETH being a security (or not), the price of BTC is not going up. All the bulls who said that institutional money will be coming in soon... well, still waiting since the 22nd of December 2017.
This year is likely going to be similar to 2014 in my honest opinion, but mainly for BTC. I think some of the alt coins (EOS, IOTA, ADA, XLM for instance - may be BCH) will do well. There is another coin - RadixDLT. I have read their white paper and it looks very promising. The team is very polite and the main devs do respond to email queries themselves. Plus they are British! And since I live in UK and absolutely love the country, I will buy this one when it launches later this year.
I will keep updating the charts and also share my thoughts here. Please feel free to ask me any questions or send me a pm and I will aim to reply within 24 hours.
Over the past few weeks, many 'bullish' calls have been made by hedge fund managers and billionaire investors. And also by other billionaires (like Warren Buffet) calling all cryptos a scam.
The answer - everything is a scam! You need to learn how to use the market to your advantage. Don't get caught up with what others say. Everyone has an agenda. Rather than relying on one source, gather as much information as you can about the crypto you want to trade. Always look at the BTC chart because even the most powerful pump or rally can be killed by a falling BTC. If BTC is overbought, then it will have some correction. It can kill almost any rally or pump instantly. So be careful. BTC is the common denominator and is the main index against which all the cryptos are valued. Do your own research first. Don't invest 100% unless you are sure about what you are doing and have a contingency plan. If you are margin trading, then your investment is automatically exposed to an exponentially higher level of risk. So be careful and only invest the money you are prepared to lose.
About this chart. This is on a weekly scale and I have chosen the Bitstamp BTCUSD chart this time. One of the main reasons is that this is the longest time-frame chart that we can look at for BTCUSD pair and hence has more data than other exchanges. The three indicators used are RSI, DMI (Directional Movement Index) and Stoch. I find that when I use these in conjunction and pitted against each other, they do provide a better insight than others. Of course there are hundreds of other useful indicators available. You should use the ones which you are more comfortable with.
The overall market volume is the key here. It has been dropping steadily over the past few days. I have a feeling that BTC will visit the $5000-$6000 range soon, but I could be wrong.
Wish everyone all the best!
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
IOTA Has Over 100% Upside PotentialIOTA formed a bottom near $1 psychological support and price started to move up. IOT/USD broke above the 50 Moving Average followed by the breakout of the descending channel. Price has reached the high at $2.7 and corrected down.
The support has been found at 50% Fibonacci retracement level that is $1.8. At the same time IOTA is rejecting the 50 Moving Average and the upper trendline of the descending channel. If current support will continue to hold, price is likely to move higher, where the next resistance is seen at 61.8% Fibonacci retracement, that is $4 area.
On a downside, daily close below $1.7 is required in order to invalidate bullish outlook. In this case IOTA might go down, towards previous support area at $1
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.
IOTUSDI see a triangle with an exit to the resistance zone, so I can assume that a double top is formed which can lower the price to the support zone
Iota bullish divergenceHello everyone, so there's a IOT analysis
IOT has just ascend 43% last 2 days, what made us afraid of a correction, but one thing that I'm learning from crypto market is that volatility is never enough, so if you think a stock like Apple ascending 43% in a year that's too much, but now on crypto this is ok, what makes me happier, is that 43% correction happens, but it wants to grow so IOT is forming and Head and Shoulders pattern, this means that the price it isn't enough and it still going up, the only problem is the resistance on $2.57 (purple line) cause there is 5 tops on that resistance what makes me think that the price will go until this resistance and bounce down for another little correction, for that happens the price needs to grown only 5% what it's nothing for crypto market, so my opinion is that now is the moment to do a long on IOT, remebering of set some stops on $2.2 levels (yellow line) where the price can bounce and go up again
ADX/DI - It's the only indicator that claims bearish, red line crosses with the red one indicating sell, but i dont think that it'll be enough for the price go down
RSI - On 58 points give some space to IOT still go up
MACD - Totally bullish with histogram going up and line crosses
So that's it my friend hope u make good usage of that analysis.
Rembenring that i'l be always posting some good entrys and exits for trades on crypto market so
like if u make this a good thing for you and follow me for stay noticed
Thank you and good trades
IOTA - Market reviewsomehow it would be;)
IOTA Stop Buy 90min BDB
risk- 0.084$
potential profit - sky's the limit
Iota. Updated Idea
Updated idea for iota pair. The border of the pattern has expanded, and there is convergence. We are also on the border of the local microtrend. From here you can go on an aggressive strategy, a conservative trigger will break the boundaries of the flag
IOTA. Long. Flag Pattern
Ascending channel. Divergence. A clear pattern of the flag. Andrews ' pitchfork. Go to the breakdown
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(Buy) IOTA Technical Analysis for May 4, 2018Hello Guys,
This coin is a long term buy. It is designed for IoT environment and many big companies continue to show interest with DLT especially Tangle. Buy now and aim for $3 and later $3.
Check full TA at News BTC under Dalmas Ngetich
IOTA - market reviewat the moment it looks like this ..
but it is very possible that from the marked 5 wave will be made 3 wave because it is high pressure UP!
