There is a trading opportunity to buy in IOTAUSDTechnical analysis:
. IOTA/US Dollar 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 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2610 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2610)
Ending of entry zone (0.2045)
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 the 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= @ 0.3340
TP2= @ 0.4015
TP3= @ 0.4535
TP4= @ 0.5260
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
Miotausd
IOTA - CALL FOR BOTTOM RISINGIOTA is one of my favorite coins. Let' start in short.
IOTA has been consolidating in the triangle for some time. There is still not enough volume to push it up.
But upon reaching the point E this volume can increase with demand and I expect we could get some nice positive momentum.
After confirmation of the wave E, it is going to be the right time to pick your spot.
Target zone marked.
Iota still to drop lowerIota appears to be in both a descending triangle as well as a channel. Iota may find support around .22 cents but I would not be surprised to see Iota test .18 - .20 cents.
Please be aware this is not advice. I'm simply sharing my learning experience to better improve myself.
IOTA - Large scale potential Hi guys, this is my first IoT trade idea. I would be looking to make a long position as the price has broken above the descending triangle formed in early May 18' and looks as if it is currently re-testing this trend-line. The previous market high was $5.8 - the current price is 94% lower than that at $0.504. This presents a rather lucrative trade.
The Internet of Things market is predicted to consist of 26 billion units by 2020 - up from 0.9 billion units in 2009. According to researchers, this would generate 14.4 trillion in value; combination of increased revenues and decreased costs dispersed among companies by 2022.
I have not done enough research into this project to have confidence to invest myself or to advise any others to invest, but the sheer numbers of the potential IoT market should be incentive enough to encourage you to have a look into the prospects of this platform.
Losses can exceed initial deposits when trading in the various asset classes. You can manage your losses by using smart risk management. Identify your Entry, Take Profit and Stop Loss levels before you enter a trade.
If you stick by a smart trading plan you can substantially reduce your exposure to losses.
IOTA. My target 1.3$After a long fall, which lasted almost 9 months, in my opinion, this coin has completed the correction. I urge that at the price of 0.4 the last correction wave C was completed, which in its length and duration is similar to the wave A.
Almost 2 months the price is consolidated in the range of 0.5-0.6 $. A triangle formed, which in my opinion should shake up. In this case, Wave 1 will continue to form.
If you run rental lines, then the consolidation is now at the bottom of the falling channel, which worked 9 months.
My target coincides with the upper trend line of this incident channel and is 2.618 from the previous wave of growth and 61.8% of the corrected wave of C.
If you consider a smaller timeframe, one can see how the double bottom is reversed:
If the price goes below $ 0.53 - at best, the correction will be delayed in the range of 0.5-0.53 $. The critical point of this coin is $ 0.5
IOTA/USD - LongHey, So we've being hovering around $2.00 mark in the last couple of weeks. Seems to be bouncing off the $2 resistance line. with a bit of news from Mobi, it finally broke the $2.20 and bounced straight off the $2.34. Hopefully with a bit more news, it'll break my $2.55.
Alternatively, if we don't surpass the $2.34. We'll bounce off the $2.20 and try the $2.34 resistance again. and again.
thirdly.. if $2.20 Fails to Resist. A magic $2.07 which was created last week, will help.
IOTA/USD IOTA had a huge spike in the last 2 weeks, however not even close to the ATH in January! Right now it was blasting in that blue line, but it found a lot of resistance in the upper white line, which in my opinion will be a very critic point, which we will have to pass to reach that ATH! Right know it found some support around that grey line between the two horizontal white lines! In my opinion it might go down to the white line and will find support there. I was mentioning in the past graphs that soon we would need a correction in this market and here it is! Lets hope we can pass this as soon as possible!
IOTA Death Cross formation - Prepare for price dropIOTA had a Death Cross formation on the daily chart. Death Cross is an important bearish signal generated when the 50-day moving average crosses below the 200-day moving average.
Stoch RSI is over-bought on the daily chart which also confirms the possible bear run.
I expect the price to drop till 1.2148 (fib. 0.618)
Here is my trading idea:
Short at: 1.31
Take profit at: 1.21
Stop loss: 1.45
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.
#IOTA #SHORT #USD #CRYPTOIOTA one of my favourite projects. But unfortunately with the cryptocurrency market value being cut in half we are on a downward trend. First support is at $1.46 but i don't think we will be stopping at this point. It's either going to be $1.23 or $1.02.
After the correction be prepared for resistance at $1.90 and $2.37. MACD is in uncharted areas at the moment and RSI is showing that IOTA is completely oversold at 31.
Happy trading
IOTA getting dumped to $1.5 w/ dead cat bounce to $3 incomingThe chart should be self-explanatory enough. In brief,
A to current level
B to .5x fib
C to under .236x
Interestingly, during its previous P&D 10D & 30D EMA crossed at .618x, too. There's little reason to believe the bleed will stop, but the opportunity to get out would be when 10D touches 30D (end of B).
My mistake in thinking this isn't a P&D coin.
I think as BTC stabilizes, iota will go to $3. Then, bad news will hit.
Why did I hear so many people speak highly of it?
IOTUSD no game in January 2018I've been following IOTA. Unfortunately, it has tried multiple times for breakout to no avail.
At this point, it's still trading within the green channel.
While I don't rule out the possibility of an iota breakout, this seems unlikely:
volume stays low during the latest recovery.
volatility has not contracted
I think a new milestone / news of some kind will be needed for it to break out of the current range.
Holding is fine if no better investments appear.