IOTUSD trade ideas
Iota to Break Out in Coming Days?Iota too is coming to the end of a consolidation phase. If you follow the Quantium Research account, you'll know that Ripple became the first crypto to break out of the consolidation zone earlier. This is an indication that other cryptos, including Iota will be soon to follow, although that's not certain.
Iota's consolidation has been different to some others because it has taken the form of a rising triangle, an intrinsically bullish pattern which can be expected to break above the upper boundary once the pattern is complete. In this case, that may prove difficult since the upper boundary coincides with a 1.618 extension of the last swing up of the prior uptrend. This is providing more resistance. This level has been tested twice already throughout the construction of the triangle and both times the market reversed on higher than average volume . Will the market be able to break above on the next retest?
Possibly, but we don't need to predict. The market is just about at the level in question. The response here is important so watch what happens and act on what unfolds as you see fit. A breakout may see many enter longs. A reversal may see many initiating shorts. This time window is drawing to a close. We will know the outcome in the next few days, potentially the next few hours. Remember that if it does break out, it would not be the first of the major cryptos to do so and would be a bullish sign for other cryptos, including Bitcoin.
Watch carefully.
Iota to Break Out in Coming Days?Iota too is coming to the end of a consolidation phase. If you follow the Quantium Research account, you'll know that Ripple became the first crypto to break out of the consolidation zone earlier. This is an indication that other cryptos, including Iota will be soon to follow, although that's not certain.
Iota's consolidation has been different to some others because it has taken the form of a rising triangle, an intrinsically bullish pattern which can be expected to break above the upper boundary once the pattern is complete. In this case, that may prove difficult since the upper boundary coincides with a 1.618 extension of the last swing up of the prior uptrend. This is providing more resistance. This level has been tested twice already throughout the construction of the triangle and both times the market reversed on higher than average volume. Will the market be able to break above on the next retest?
Possibly, but we don't need to predict. The market is just about at the level in question. The response here is important so watch what happens and act on what unfolds as you see fit. A breakout may see many enter longs. A reversal may see many initiating shorts. This time window is drawing to a close. We will know the outcome in the next few days, potentially the next few hours. Remember that if it does break out, it would not be the first of the major cryptos to do so and would be a bullish sign for other cryptos, including Bitcoin.
Watch carefully.
IOTAUSD is forming bullish BAT | Another good long opportunityOn short term 1 hr chart after forming a bullish BAT pattern priceline of XRP / US Dollar is forming another bullish BAT pattern , sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced between 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2545 to 0.2478
Sell between: 0.2562 to 0.2651
Regards,
Atif Akbar (moon333)
IOTUSD - Just a pump or something else?Another coin that had a good week last week was IOTA. It printed a solid green HA candle that closed above the open of the previous 4 candles. Pretty bullish.
Now the question remains, was this just a pump or are we going to see this trend continue.
In the smaller time frames a pullback has already started with key support levels at 0.27 and 0.25
IOTA/USD - Why is IOTA struggling??olaaaa everyone!
It's your boy once again with anohter crypto ta -
Here we are comparing iota/usd
according to my ta iota is facing major resistance line after breaking down from the upside channel -
If we manage to break into the fib channel - I will be opening long postions - in the meantime I'm looking for retest on the 20ma
IOTA going up !!!IOTA m the future concurrency is going to 1.618fibo after some correction (it'll make h&s then go up). be ready every one to see 0.4$ @ 1st tp!
Scale out!Not sure that anyone will buy old cryptos, but let's take a fresh look: we are in an accumulation phase! CRYPTOCAP:TOTAL
IOTAUSDExpect a pullback to the area of 0.28 usd with further consolidation of the price and a shot up to the zone of 0.38 usd
IOTAUSD formed a bullish Shark pattern|Upto 123% potential tradeAfter completion of gartley pattern the priceline of IOTA / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area can be used as stop loss in case a complete candle stick closes below this area
Volume profile of complete pattern is showing less interest of traders at this area.
MACD is turning bullish
Stochastic is oversold but did not give bull cross.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2612 to 0.2052
Sell between: 0.3288 to 0.4595
Enjoy your profits and regards,
Atif Akbar (moon333)
IOTA/USDSkynet is a fictional artificial neural network-based conscious group mind and artificial general intelligence (see also superintelligence) system that features centrally in the Terminator franchise and serves as the franchise's central antagonist.
Skynet is rarely depicted visually in any of the Terminator media. Skynet gained self-awareness after it had spread into millions of computer servers all across the world; realizing the extent of its abilities, its creators tried to deactivate it. In the interest of self-preservation, Skynet concluded that all of humanity would attempt to destroy it and impede its capability in safeguarding the world. Its operations are almost exclusively performed by servers, mobile devices, drones, military satellites, war-machines, androids and cyborgs (usually a terminator), and other computer systems. As a programming directive, Skynet's manifestation is that of an overarching, global, artificial intelligence hierarchy (AI takeover), which seeks to exterminate the human race in order to fulfill the mandates of its original coding.
