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IOTA

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IOTUSD trade ideas

IOTA Primed for a Short Term RunIOTA has been accumulating for quite a while and it is prepping to make a run that would give Usain Bolt some competition. Some important indicators in there for you to look at, so please take note. I have a short term goal of $0.33 and based on the channel I drew out I can see potential for $0.40 barring any extraordinary news. 24 hour volume has been between $6-12 million and over the past few days has amped up going as high as $25 million. Keep an eye on this one.
BINANCE:IOTAUSDLong
by PowderCroyt
There is a trading opportunity to buy in IOTAUSDMidterm forecast: While the price is above the support 0.2045, beginning of uptrend is expected. We make sure when the resistance at 0.4015 breaks. If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.2660) 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
BITFINEX:IOTUSDLong
by ForecastCity
2
Going hard for IOTA This gem made me money once. It will happen again. And I’m not bias because of that. Let’s get into some fundamentals. It’s been a while since I’ve examined this coin. But we are close. Let’s talk about how many companies are interested or on board with this asset and yet it’s just a quiet background hum in my ears. Let’s talk mostly cars. VW. Mmmm. My favorite, Audi. Such class and sport wrapped into one. And yet if you’re going to talk German engineering you can’t leave out Daimler/Bosch/Benz. And their interest in autonomy and well, IOTA. But wait we are missing something. Good old BMW. Hold on a second. BMW and Daimler just partnered for ride sharing autonomous vehicles in a venture? Three of the biggest auto manufacturers in the world have cross linked connections to IOTA. And here we sit at $.27 and bottom or near bottom of some significant trend lines. Regardless, my goal of 2019 is to scale into this asset as much as I possibly can. Sensor technology and connectedness are undeniable. But working in the background is never at the forefront of ones mind. In this case it should be.
BITFINEX:IOTUSDLong
by dynamik
There is a trading opportunity to buy in IOTAUSDMidterm forecast: While the price is above the support 0.2045, beginning of uptrend is expected. We make sure when the resistance at 0.4015 breaks. If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 45. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.2660) 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
BITFINEX:IOTUSDLong
by ForecastCity
2