Iotusdt
IOTA break -30% gains since 88 centsHello dear IOTA traders, hope you're doing fine guys! :)
Since the break out from the big descending triangle, we have made 30% to the downside -congratulations to everyone who played this!
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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 forming nice EQ on 4HDear IOTA friends, hope you're doing fine! :)
As you know guys, we had the huge break out the descending triangle, before shooting up to the upside again: This gives a nice equilibrium for the market, which is now playing out. Have fun watching! :)
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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 break of descending triangle + 20% RSI bounce gainsHey guys, hope you're doing well! :)
IOTA broke this huge descending triangle with 10% gains to the downside + 20% to the upside! Watch to see, how you could've played this volatility.
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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.
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 - $0.96 from the previous lows but this support has already been tested multiple times; I beleive if the price comes back to this level again, then it will likely break below the support.
I don't own any IOTA, I just keep an eye on the price for my friends. This is not financial advise, doing your own research is encouraged :)
Any thoughts or questions feel free to comment,
GLHF!
IOTA is bullish on daily chart!!! (Confirmed Breakout)I see some bullish divergence at macd on IOTA's daily chart also it broke daily inclined resistance from descending triangle. It is a good chance to go long for IOT/USD.
PS: If we break small channel which is around 1.12 , real rally will start then we will see 1.90 soon.
Buy-in zone:
0.87-1.08
Take profit:
1.90
2.61
Stoploss:
0.75
Have a nice day,
Berk
IOTA SHORT to 0.79$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 equilibrium, break coming!Hey guys, after the nice follow through of the Head & Shoulders reversal on the Hourly & 4H since my last idea, IOTA just barely established a 4H Higher Low, in this nice equilibrium we're building: We had $0,93 as previous Higher Low, $1.18 as Lower High, now we have $0,94 as new Higher Low.
=> A definitive break of this range will be coming, depending on what grandpa Bitcoin does, so keep the big picture in mind if you're trading IOTA, this will be an awesome trading opportunity.
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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 Head & Shoulders reversalHey guys, IOTA, just like brothers ETH and NEO, built a Head & Shoulders reversal, confirming with the break of the neckline at $1.06
It's looking pretty 'old' compared to grandpa Bitcoin, who is surging due to fundamentals of a potential ETF coming up in August. We've broken both 4H EMAs 12 & 26 to the downside, while BTC hasn't even touched 12 EMA yet.
But nevertheless we're in a beautiful equilibrium on the Daily, with our Highs at $1.25, Lows at $0.93, and now Lower Highs at $1.20 => We're now looking to form yet another Higher Low: A break here will be definitive.
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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 AT $1 NECKLINEHey guys, IOTA, similar to brothers BCH & EOS, is trying for a trend reversal on the Hourly & 4H, while big brother BTC is going for the Bull Flag right now. The neckline is at the important 1 Dollar. We have 4H 12 EMA as support, while 26 acts as resistance. => A bullish break could signal some uptrend potential.
=> But: Any break of that neckline has to see simultaneous break of big brother Bitcoin, otherwise it'll be a fake out!
In the direct correlation of IOTA/BTC, we're still holding important support at .15.
If we cannot break to the upside, we're looking at the lows at 0.93 & 0.88, which is a huge support & former resistance area. So, if you wanna play bullish , never forget: We're still in highly bearish terrain, any possible plays have to be highly secured & conservative in order to protect your money.
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA Holding the linear trend lineIota is in a good buy set up. MACD and RSI rising on daily to a positive bullish territory.
It all depends on if we can hold our trend line which holds from November 2017 on a linear scale. (the 1 year long support on logarithmic scale was broken a day ago, but let's watch now the linear scale since it seems that IOTA follows more this type of scale since last lower high we've got on the 3rd of July 2018). Many guys are posting here that IOTA broke the support, but try to switch your scale and you will see that we have got a nice bounce and that the last lower high fits better with the linear scale.
So for me it's not a sell yet!!
Especially not with other indicators like MACD and RSI printing a bullish divergence and the daily stoch RSI having on the bottom as well.
Let's have a look how iota will behave around the 1,45$ (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 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.