Miota
A trading opportunity to buy in IOTAETHTechnical analysis:
. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00133)
Ending of entry zone (0.00123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001470
TP2= @ 0.001610
TP3= @ 0.001770
TP4= @ 0.001920
TP5= @ 0.002129
TP6= @ 0.002420
TP7= @ 0.002711
TP8= @ 0.003650
TP9= Free
A trading opportunity to buy in IOTAETHTechnical analysis:
. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00133)
Ending of entry zone (0.00123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001470
TP2= @ 0.001610
TP3= @ 0.001770
TP4= @ 0.001920
TP5= @ 0.002129
TP6= @ 0.002420
TP7= @ 0.002711
TP8= @ 0.003650
TP9= Free
Descending Triangle miota\USD - DIf today candle close above slim yellow line, then price will likely move towards bold yellow line. Then hopefully breakout-retest-and blast off to infinity.
Fundamentals of this project are so unbelievable, mIOTA is massively undervalued at this time. There has been a plethora of great news this year, including: partnering with the Linux Foundation, OMG Global Standardized Protocol, Abra, Qubic, Coordicide, Paracosm, Trintiy, and so much more.
IOTA/BTCKeep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
Looking at the longer time frame for IOTA, we can see a support level was held at the green box. It's likely that we can see IOTA touch this box several times, forming a higher low to indicate it as support. If this level doesn't hold, I see IOTA moving down to the lower green box. At that range I would ladder my entries all the way to the bottom of the wick. Placing a stop right below the wick.
If you did enter a the first green box you should have taken profit, and be prepared for more downside. Short to mid term i'm bearish on IOTA.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price
IOTA Technical Analysis - IOTAUSD - 37%-326% Profit ExpectedIOTA - IOTAUSD - Technical Analysis - 37%-326% Profit Expected
Get Ready For A Big Move ... 3x - 4x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.24 - 0.64
(37%-326% Profit Expected)
TP - 1 - 0.24
TP - 2 - 0.33
TP - 3 - 0.40
TP - 4 - 0.47
TP - 5 - 0.55
TP - 6 - 0.64
Buying Zone! Long Position
Early Entry Trigger Point - 0.16 - 0.19
Ideal Entry Trigger Point - 0.12 - 0.15
For Bigger Time-Frame
***If you want to get in this trade from this point 0.28 you can still make 18% profit till TP2 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 0.33 or it can even touch 0.37 mark that's why I have marked the points in a chart for a short-term long position too. As it's a short term trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
MIOTA (IOTA) - W BottomMiota printed yesterday a new 88-day high after forming a beautifully clear W bottom. Breakout volume was 3x the average. Even though the price picture is very clear, the trade proposition isn't that great.
For instance, there are a lot of better risk-reward ratios being offered by other alts and daily momentum has been slowing down consistently.
Will keep an eye on price action moving forward.
MIOTA Breaks Falling Wedge & EMA50 (Over 280% PProfits)MIOTA (IOTABTC) just broke a falling wedge on increasing volume.
It is looking beautiful with strong bullish indicators and plenty of room available for growth.
You can aim easily at 50-150% of profits in a matter of weeks... If the market continues going green.
Daily chart with targets
All the details are shared on the chart.
Thanks a lot for reading.
Namaste.
IOTA - The cryptocurrency for the Internet of ThingsIOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a criptomoeda that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin. A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among which we highlight:
Get to know IOTA, a new criptomoeda suitable for making free microtransactions and optimized for the Internet of Things (IoT), which, unlike the complex and heavy structure of Bitcoin and other blockchain-based currencies, was created to be as light as possible, hence the name "IOTA" that emphasizes its main vocation, which is to serve the IoT, Internet of Things.
IOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a cryptocurrencies that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin.
- A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among which we highlight:
- Tremendous scalability and speed;
- Inexistence of rates, which allows infinitesimal microtransactions (nanotranslation);
- Resistant to attacks by quantum computation;
- Modular and lightweight structure suitable for integration into any devices in the Internet of Things (IOT) environment.
This new currency is undoubtedly the biggest technological advance since the creation of Bitcoin, and the first reason is precisely the fact that it does not use blockchain. In other words, it is a solution that has the potential to overcome and render obsolete all the currencies that have emerged so far.
The problem with currencies that use blockchain is that the more transactions are carried out, the more expensive the tariffs are, sacrificing the possibility of performing microtransactions, the slower the network becomes, and the size of storage required to maintain a node gets bigger . Bitcoin is a clear example: it no longer works without the payment of ever-increasing mining fees. Transactions smaller than 0.01 btc are hardly accepted by miners. And, when accepted, there is a queue for processing transactions, in an increasingly time-consuming manner. And with the ever-increasing blockchain, the wallet occupies a huge space on the computer, forcing ordinary users to use light nodes, which reduces everyone's safety, since to be safe, the peer to peer network needs of more complete nodes (full nodes, rather than light nodes).
Forget the blockchain, iota uses technology called "tangle", which promotes a real decentralization of the transaction processing in the network, since each node, when making transactions, is encouraged to contribute with Proof of Work (PoW) for the benefit of the network as a whole. In this way, each new transaction performs a PoW of its own that validates previous transactions.
At IOTA there are no miners and no privileged nodes limiting the use of the network. It is a truly decentralized network in which each node is important.
Each node is important because the more transactions occur in the IOTA network, the faster they stay, and the more efficient and secure the network as a whole, because the entire PoW is performed exactly during transactions. This is an incredible breakthrough, as it is precisely here that Bitcoin's failure and the like suffer from the large increase in the number of transactions, slowing down. The blockchain allows the formation of real traffic jams, causing rates to increase in order to remedy their limitations. A problem of the past with IOTA.
The biggest of the resulting advantages is that not only micro transactions are possible ... more up to ... nano transactions become something trivial, and are carried out for free, without fees, without fees, since they do not overload the network, but yes they do.
Another great advantage, an innovation of IOTA, is that not necessarily a node needs to be connected to the Internet to work in sync with the network, since nodes can be interconnected in a variety of ways, including bluetooth, for example.
As if there were not enough advantages, it was also designed to withstand quantum computing, a reality these days.
However, even with all these advances, the specific objective of IOTA is not to "compete" by replacing blockchain coins, but rather to create a "symbiosis", in which both technologies act with mutual benefits. And as I said, IOTA's main focus is on the Internet of Things (IoT), being adopted in this industry as currency in the M2M (machine-to-machine) market that is in full formation today ... more or less something of the type:
your car has an iota wallet with 100,000 balance iotas. When you refuel, the fuel pump sensor will automatically charge your iota wallet the corresponding value, for every liter you serve;
you park your car, and the parking sensor debits, minute by minute, the iotas due, during the time that the vehicle stays parked;
your refrigerator detects that your beer stock is low. She immediately sends the order to the nearest supermarket, and the purchase price is debited from the iotas balance of the refrigerator integrated portfolio;
streaming video or pay-per-view debiting your smart TV per minute assisted;
renting of vehicle directly debiting by time or per kilometer;
numerous other uses, which require continued micropayments, and which are not feasible using technology limited by blockchain.
That is why the entire structure of IOTA is designed in a light and modular way so as to be easily integrated with electronic equipment. And there are already big companies eyeing this technology, which is becoming a reality. Thus, the initial interest in the purchase of Iotas is on the part of developers and companies in these technological areas of automation and IoT.
IOTA Partners
i.redd.it
MIOTA Buying OpporituniyThe 4Hrs chart shows a broadening formation along with positive divergence in Rsi sitting above 50%.
If Bitcoin stables around 9900 -10000 can easily see a positive movement in IOTA.
It is a midterm coin, do your research before investing.
The target can be adjusted around 5%-10%
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