Internetofthings
IOTA rising slowly with no signs of exhaustionIOTA has had the classic full cycle pattern in USD terms and extreme capitulation in BTC terms. The IOTABTC chart is telling us much more than the one on the USD chart, and currently seems like accumulation ending with a wyckoff wick & spring, ready to blast above this triple top from the accumulation.
IOTA overall is a project I wouldn't trust and I'd put it in the league of XRP and some others. I don't think it is functional, but somehow it also has a following behind it and its development team is very active. Anyways, price says up, so up!
IOTA long downtrend on the verge of breaking upward.IOTA is reversing after years of downtrend, even though many old alt coins are pretty much higher then their lowest point (still long way till ATH), but IOTA just started to breakout.
*** Do your own research.
*** This is just my own analysis, not an investment advice.
Ethereum (ETH) Price Discovery Phase! The Journey has BegunCongratulations to all the Ethereum investors and hodlers globally. Today is another major milestone and special day for the Ethereum nation as we've hit another new all time high trading past $1600. As of today everybody in the world should be in profit! Cheers!
We are officially in price discovery phase for Ethereum and we're just getting started. We have a nice breakout past the "1" level on the Fibonacci retracement and now we're trending towards the "1.618" level putting Ethereum at a price target of roughly $2250. The trend is very strong but I will say we do have decreasing volume so keep that in mind.
The fundamentals behind Ethereum have never been stronger. It is becoming clear that Ethereum is the next evolution of the internet and the second pillar of the cryptocurrency ecosystem next to Bitcoin .
Also no Ethereum = No Decentralized Finance (DeFi). The overwhelming majority of Decentralized Finance runs off of Ethereum . If we consider that Ethereum is the nexus to bridging part of our current financial system into decentralized finance, then we can conclude that Ethereum is tapping into global markets worth 100s of trillions of dollars. Lets not even get started on derivatives.
History is in the making. I personally believe Ethereum will have a truly historic performance in 2021. The use cases, potential, and demand for cryptocurrency is inevitable as the world starts to see how clogged, corroded, antiquate, and corrupted our current centralized financial system is. I'm keeping a nice bag of Ethereum for this decade.
Cheers! Much Peace and Love!
IOTA on the way to increase for 100% IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure.
Because we didn't broke last supply, we still have to, even if we've already entered buy move. After breaking through supply spot, we can expect next target;
T1 is at 32 cents
T2 is at 40 cents
T3 is at 44 - 47 cents (100% and more)
We are looking very closely for this 100% move, but do not forget about ''supply spot'', Target 1 and Target 2 .
Hope you followed also NEO analysis from previous week. Price broke thorugh our First target very strong and is headed to higher targets
Video explained by Martin Mohar,
Presented by Elitefxacademy
IOST 3rd wave in a pocketIOST still has third wave in a pocket (thanks to unkle Elliott), before proper retracement. You can catch it on current pullback at 86-88
Buy zone 85-88
Targets 98 - 103 - 108
HODLer's candy 116
Stop loss below 80
Stopless strategy - double at ~74, sell at ~81 or hold till targets
Risk/Reward Ratio 2 / 2.8 / 3.6 (for main targets)
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 Volume Analysis Prediction 8/31/2018Hi, friends.
IOTA - one of the of the coins that shows strength.
After signs of stopping the trend in the form of fixing and new initiative purchases, the price went up.
At the moment the price is in the balance with the range 0.6565-0.8150.
If this balance goes up the price will go up to the resistance levels 0.9166 or 0.9750.
If this balance goes down the price will fall to the support levels 0.6046 or 0.5414.
As long as the price is in the balance, we trade only from it borders.
All other information indicates on the price chart.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
GNTX: A Leader, Stable & Resilient Smart Car Play; AMAT Alt IdeaDuring CES 2018, I was on a mission to hunt down companies that exuded a sense of advancement, foresight and trend setting. Gentex was one such company that I'd never heard of, but given their gorgeous expo display, helpful reps, consistent crowds and the shiny Land Rover sitting idly by, I had to investigate. They are an absolute market leader in rear view mirror tech and other sensor/camera/material plays that integrate into the Smart Car sector. Gentex is NOT a company you trade, nor really pay attention to unless you're an institutional player in the sector. Trend lines show steady growth with a nice, higher trend coming out of 2017 that has held for the most part in 2018, but it doesn't really matter. GNTX is a stud that I find recommending if people are fans of AMAT because of the stable, consistent trends. It won't breakout without some outstanding news, but it also won't drop hard during a period of volatility.
GNTX has an amazing market position, solid financials, competent leadership, lucrative R&D and powerful partnerships moving forward. Not a lot of coverage can be found for it, but anyone taking a peek has come to the same, humble, steady conclusion. GNTX is a good money hideout and long, LONG term investment as the Smart Car sector plays out. Excessive fragmentation and regulation is crippling the data portion of it, but GNTX is participating in a more tangible and familiar area.
IOST making a moveIOST has been in a slide ever since it failed to fill in the falling wedge and seems to have found a bottom at 580 region and has broken through the downward channel with heightened volume. Keep this one on your radar as it looks to be reversed into an uptrend