Is IOTA going to $0.5 soon?Hi. This is one of my first attempts at TA and I think my first time sharing publicly here too.
I'm here to learn. This is not trading advice.
IOTUSD trade ideas
IOTUSD Buy signal on pull back or break outPattern: Channel Up on 1W.
Signal: Bullish (1) on the next pull back towards the High Volatility Zone and (2) if the Higher Low trend line of the Channel Up breaks.
Target: (1) 0.4800 (2) 0.8000.
IOTA bull runIOTA's been undervalued far too long and alt season is happening as of now. As long as Bitcoin keeps on climbing we've got ourselves one hell of a bullrun ahead of us.
IOTUSD DAILY LONGSupply and demand zones and technical analysis with targeted projections of $0.5000 and $0.6000 and lastly $0.6500.
Bottom Reversal Symetrical Triangle Pattern Uptrend just started, that's just the beginning, the new analysis follows.
Short Term Targets on the Chart.
How many points will I hit on my ratget on the 11.09.2019Please let me know your opinion below in the comments section
IOTAUSDIOTA changed is mind from going to zero to recovering.
Did the big boys manipulate that market so hard, that they can start a new cycle for themselves?
#IOTAUSD 5/19#IOTAUSD
Buy between 0.367/0.33
Targets
0.41
0.48
0.60
0.75
Hold
Stop_loss:Close below 0.314 4H
Risk (Average 10%)
Invest:3%
we ask Allah reconcile and repay
IOTA dead or will the Jaguar (Land Rover) roar back to life?IOTA eyes 2x gains with potentially more to follow.
Technicals
IOTA down 90% + in brutal bear market.
USD chart looks to be in deep accumulation range $0.2 - $0.4.
BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
Fundamentals
Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
Internet of Things (IOT) space set for huge growth.
IOTA had a lot of hype 2 years ago and rose to great heights in flurry speculation.
Since falling it seems to have found a base vs USD and is ranging in a ranging zone.
Expecting a bounce, if IOTA is able to blast through all major daily moving averages it should reach around 8000 sats / 52.5 cents for up to 100% gains.
If the crypto market remains bullish continuation would target 13000 sats / $1.
Possible plays:
1. Buy in the accumulation zone (aggressive)
2. Buy a daily close above $0.325 (200d EMA) (moderate)
3. Buy a breakout on decent volume of the accumulation zone at $0.40 (conservative)
IOTA it trying to break upwardsIOTA is building momentum to push higher. Currently at RSI resitance. A breakout above that RSI level would bring price to $1.07 dollars. 100 DMA will not offer much resistance as the momentum is strong. Sell at resistance and buy back lower. If you are short and IOTA breaks above 1.2 then target would shift towards $1.55 (50 week MA) to $1.65 (23.6 retracement).
Iota is not bullish yetI will turn bullish if $IOTA can climb over 0.4$
Fomo after the news is gone, i dont think we will get there very fast.
Long IOTA on BitfinexHi guys. This is my first chart that I'm posting, I'm longing IOTA on Bitfinex, I believe this is the 5th wave we are forming. Invalidation is under the E corrective wave. Good luck and thank you for watching my first TA.
Iota might be doing a triangle in the 4th wave based on the time that correction took looks like we going for triangle that might be ending in about 6 hours or so
the key in that triangle is not to pass B wave or c wave before we end that triangle
so excited and waiting for that fifth wave break
IOTA is ready after one more push down to finish wave 4 if this is diagonal we need one more push down to finish this correction then iota will be back on track
