IOTA breakout - Simple breakout on the upper resistance on the 4h. TK cross also occurred and kumo cloud breakout. Watch fibs for exits/resistances.
Miota
IOTA (MIOTA) - I love IOTA, do you?Welcome to my idea on tradingview.
HOW-TO:
You can buy in when i post, or if you already hold this crypto you can just follow my chart to see how your coin develops.
You can make a buy-in, and sell like 25% or 50% of your buy-in to collect some profits. Or you can do the hodle style.
Please like my profile, and my views if you do follow them, i would appreciate that, thank you :-)
INFO:
Yellow upper line is our next target
Redline bottom is stop-loss line
Enjoy and good luck !
MY NEXT MATRIX TARGET FOR THIS COIN IS:
*** 0.00028400 ***
IOTA ready for breakout!The marked has been corrected. This is not bad news! It leaves us plenty of room to grow! This triangle shows huge potential for IOTA to breakout within a very short period of time.
Iota, Which Way Will It Go?Is Iota about to drop closer to the EMA 50? Or will it rise? It's always hard to tell which way an expansion is going to grow. Ichi moku cloud (not shown here) recently had a TK cross predicting a bearish trend (depending on input selection)
IOTA breakout upcomingThis looks like a solid short term trade for IOTA. Beautifull triangle with huge upward potential.
IOTA Buy OpportunityIOTA has always been one of my favorites and the recent struggle with their wallet has led to a cooldown in price action.
Now we see the price action moving once again and we see IOTA breaking out the Ichimoku cloud and see the beginning of a green cloud forming.
RSI also confirms bullish price action.
- Mind you all to look at the scale of the chart.
Follow the IOTA team at their Slack Channel: slack.iota.org
Some very interesting updates has been announced
Look at the update and then take a look at the chart again.
Good luck on this trade!
Cheers ;)
IOTA descending triangle, technical rebound, more correctionI take on IOTA is that it's in a descending triangle. There have been several rebounds, yet the last one didn't even touch the resistance. Today, IOTA is seeing a small jump. In my opinion, this is a technical rebound (see indicators) from oversold conditions.
I think it's likely that IOTA will break down the support to test the original trendlines before craziness began.
2.6 & 1.9 are two possible entry levels.
IOTA Breakout is confirmed according to Tom Demark count. IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal.
This rise happened because of Robert Bosch Venture Capital news:
www.huffingtonpost.com
First resistance: 4.9
Second resistance: 5.5
I expect the first resistance will be broken easily.
If we reach 5.5 area we will get a new all time high because double tops near all time highs are unicorns.
My advice for IOTA: Buy and hold.
My forecast for IOTA: >100 at the end of 2019.
IOTA Symmetrical TriangleThe resistance line line is forming together with the uptrend line a Symmetrical Triangle. Watch closely for the price action near the resistance line. When broken, then the first target is around 7.2 $. (at 1,618 fib retracement).
Two near term bullish scenarios for IOTAIOTA recently jumped up on news-that-may-not-have-been-real-news. That doesn't mean, however, that it's about to die. There is some strong resistance it's bumping up against right now, (black line) but what fascinates me is the support. If it continues to fall in a descending channel(green support line), I believe we'll see a price jump at some point in the next week to ten days in the neighborhood of $7, where I suspect we'll hit resistance again. If, however, it continues through the weekend to get squeezed into this pennant pattern (blue resistance line) I think we'll see a jump up to the $7.75 - $8.00 range, sooner rather than later. Of course, any significant move below support changes this outlook. This is still an early look after a significant increase. I'll be watching closely. Overall, however, I'm long.
IOTA (MIOTA) Is All The Rage Now (Buy Signal / Breakout)Look at the chart and see if you like this setup.
This is IOTA vs BTC on the 4h Chart.
- Already confirmed a breakout, another close above the "green dotted line" and IOTA can enter some very bullish momentum.
- The MACD is about to crossover.
- Strong 4h green candle according to TD and Candle stick analysis.
- The globalists (Microsoft included) behind MIOTA are meeting tomorrow and every 13 days about this coin. This causes lots of hype and potential price movement.
What's your take?
Do you like this set up?
Trade at your own risk.
This is a only "buy signal" opportunity. If you don't understand, then this is trade is not for you.
Look at it, enjoy it, and try to learn from it.
Cheers.
SEE THE BIGGER PICTURE :)My idea at 1,40 was 97% accurate. I still trust this coin, and don't think that storm is over as it's still keeping 0.382 fib support. After SBTC fork, I expect a big move from BTC to IOTA market, Watch for the breakout of the uppoer resistance line to make sure this is a strong uptrend.
Not a financial advice, an idea only.
Cheers :)
Love this set up for IOTA. Yeah, there was a huge spike in price, but this chart looks very pretty. Bullish setup, MACD has yet to cross, not overbought, within volatility channel, perfect fib 50% retracement. What's not to like?
I am long term long, and medium term long on this coin.
NOTE: I am NOT a professional analyst of any kind.
Clean IOTAWe will wait this zone to enter with small risk due BTC mega rush today.... it hit 19999 ATH so lets play safe for today
IOTA Buy Limit at 0.0003 BTCIOTA has experienced an exponential growth over the last 72 hours based on news regarding a partnership with Microsoft. As BTC is gaining ground, RSI shows overbought market conditions. Exited the market and placed a Buy Limit at 0.0003 BTC - above 50% Fib retracement levels. On the upside a break above 0.00041 BTC could lead to an extension to 0.00051 BTC levels.
STORM IS COMING, PREPARE YOURSELVES!Have you hear about December news of IOTA? Just make some search and watch this ascending triangle
