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IOT

TP hit again. 1D Channel Down continuation. Short.TP = 0.9132 (1W Support) hit, as the 1D Channel Down (RSI = 29.366) continues to decline after a new Lower High. However IOTUSD is still above the intermediate and according to the low MACD = -0.179, Highs/Lows = -0.1789, B/BP = -0.4081, the downside gap is significant. The next obvious downside targets are on the following contact points/ intervals: Nov 24, 2017 = 0.6704, Nov 02, 2017 = 0.3199, Jul 15, 2017 = 0.1459. Our TP = 0.7947.
BITFINEX:IOTUSDShort
by InvestingScope
8
What will happen next with BTC?Hello followers hope you are having a fantastic day so far. We have prepared for you all market breakdown on what is about to happen next. With BTC we could see a nice pull-down to my 6650 area where we stopped and started consolidating for past few days. So what is about to happen next? BTC could possibly re-test the major trend-line which is shown on chart and then start melting back to around 6600 area. But if BTC close below 6600 area second scenario will be in-play. Because of late institutional manipulation that we could have seen BTC spiked from around 7700 to 6600 in one week so bearish momentum is in play more, and by that we are focused on these levels. We think that BTC could easily spike to around 5500$ in a 2 weeks, from where we could easily see 4500$ area and spike to around 3500$ area where also sits 200 EMA on weekly. Do not be afraid. We do not think that BTC is dead. Actually we think that spike to around 3500$ area is the best thing, that can happen to BTC, because the major bull-run will happen after that. If we do spike to that area(3500$) we will go straight to 12,000$ in a couple weeks. But if BTC doesnt close below 6600 area there could be possible move to that 12K area. But we think that bear market is not over, because we break that major trend-line which was respected for too many times and BTC used to reversed from there. But not this time. Join my free group where i share my daily insights and my golden altcoin picks. t.me
COINBASE:BTCUSD
by Jeekis
43
Lest be reali(OTA)stic here... simple long term investigationFirst of all : trend is not our friend now - it's a bad a$$ which makes it all awkward. Out of all of fantastic projects out there IOTA is more unique than any other. Not a blockchain but tangle, no mining, no fees, no Satoshi Nakamoto -but yet it resides in top 10 cryptocurrencies in marketcap for number of months now. Many will approach me here proposing ice bucket challenge - but let me tell you something - this project have HUGE potential... in long term. Currently on 1hr we can see falling wedge as sign of possible bullish movement to the upside for shorts - I would be careful here however with statements that we're going up due to serious resistance and other indicators which states otherwise. On 4h we finished last 5'th part of Eliot wave at 3'rd of June and now we can see that head and shoulders pattern is forming confirming movement to the down side... In my opinion if market will not go sideways by 11'th of june we will be back at 1.35$ levels. 1D presents ONE MASSIVE descending triangle with HUGE resistance at 1$ levels and that's nothing short of one enormous bear sign. And than there's 1W ... with history of BTC skyrocketing until fuel was lost in December, since we're just gliding down on one massive parachute of adoption in areas of stratosphere... and in my opinion - there is land (and horizon) not waiting for us not that far. I've read article today somewhere that until now Bitcoin was dying at least 300 times... 299 times it always went back to where it was before. Just on this simple rule we can assume we will see same levels we reached previously in future - not because of logic, science, and unbelievable properties and advantages of cryptocurrencies but by greed, newbie traders and hype related to market cycles. If you're patient enough to wait - wait and stay positive, remembering excitement from the past when everything was going so well, so easily that even chasing stop loss was nearly impossible :D Since it's IOTA's investigation just imagine, that developers are working hard on block-chain in order to decrease payment fees and improve speed of transactions - with IOTA it was sorted before tangle was created ! it's fee free algorithm which speed depends on amount of users - the more adopted the technology, the faster it is (in order to create transaction from your own device this device must first confirm 2 other transactions !). Now let it sink in ... since all cryptosphere is more-less based on assumption - is this a good concept ? I think it's ok to accumulate... If you're a trader don't ignore our rules, levels, theories - remember of capital management and strategies which works best for you - in the meantime... Let's trade...
BITFINEX:IOTUSDLong
by crypto_poet
7
IOTA Short-Term Upside TargetIOTA formed the bullish divergence on the RSI oscillator after it found the low at $1.33. The following wave up resulted in a break above the 200 Moving Average and the downtrend trendline, suggesting the the price is likely to change the trend. Fibonacci, applied to the corrective wave up after the trendline break, shows that currently 127.2% Fibs level, at $1.7, is being rejected. At the same time the 200 Moving Average also acting as the support, that is currently holding. Such price activity suggest that IOTA should start to move higher, and could reach $3 resistance area, confirmed by 127.2% Fibs applied to the corrective wave down since 3rd of May. If IOT/USD will break below current support at $1.7, confirmed by the daily close lower, the bullish outlook could be invalidated and IOTA could decline back to $1.33 support area. But considering the risk/reward ration, it seems that the buying opportunity is very reasonable at this time.
BITFINEX:IOTUSDLong
by CryptoPAMM
6
#IOTA is in the clouds, rejection around KS region#IOTA is in the clouds , rejection around KS region. Facing an important test in a few hours . The break above 50DMA (1.88) . If we get confirmation of the break then we can expect a bull run to 2.3 level from iota 50DMA break is important for $iota, currently at 1.88 Historical data whenever #iota has broken 50DMA level: 22 May: -23% drop in 8 days 14 April: +104% in 19days 16 Jan: -74% drop in 81days 9 Nov: +1024% in 27 days 8 Sept: -47% in 55days 4 Aug: +240% in 13 days We need to be on the sidelines till we get a confirmation of the break, if entry is from 1.72 level then SL should be trailed appropriately.
BITFINEX:IOTUSD
by rajista
IOTA vs Bitcoin Price Prediction 2018IOTA has fond the bottom near 140k satoshis that is 76.4%. At first price went slightly lower, but eventually rejected the Fibonacci support together with the uptrend trendline. Price went up and on a corrective wave down rejected the 61.8% Fibonacci support together with the upper trendline of the descending channel. All-in-all trend now is bullish and growth is likely to continue. The nearest resistance for IOT/BTC is around 420k satoshis, that is a potential double top. If price managed to break above, the next resistance and the key target is around 640k satoshis, which could be reached this year. On a downside, IOTA could correct down to the 50 Moving average and even down to the 140k satoshis support, but only a break and close below 127k satoshis could invalidate bullish outlook.
Long
by CryptoPAMM
There is possibility for the beginning of uptrend in IOTETHTechnical analysis: . IOTA/ETHEREUM is in range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0018 to 0.0015). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0018) . Ending of entry zone (0.0015) 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 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= @ 0.0023 TP2= @ 0.0028 TP3= @ 0.0034 TP4= @ 0.0043 TP5= @ 0.0057 TP6= @ 0.0074 TP7= @ 0.0134 TP8= Free
Long
by ForecastCity
There is possibility for the beginning of uptrend in IOTETHTechnical analysis: . IOTA/ETHEREUM is in range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0018 to 0.0015). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0018) . Ending of entry zone (0.0015) 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 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= @ 0.0023 TP2= @ 0.0028 TP3= @ 0.0034 TP4= @ 0.0043 TP5= @ 0.0057 TP6= @ 0.0074 TP7= @ 0.0134 TP8= Free
Long
by ForecastCity
IOTA Has Over 100% Upside PotentialIOTA formed a bottom near $1 psychological support and price started to move up. IOT/USD broke above the 50 Moving Average followed by the breakout of the descending channel. Price has reached the high at $2.7 and corrected down.  The support has been found at 50% Fibonacci retracement level that is $1.8. At the same time IOTA is rejecting the 50 Moving Average and the upper trendline of the descending channel. If current support will continue to hold, price is likely to move higher, where the next resistance is seen at 61.8% Fibonacci retracement, that is $4 area. On a downside, daily close below $1.7 is required in order to invalidate bullish outlook. In this case IOTA might go down, towards previous support area at $1
BITFINEX:IOTUSDLong
by CryptoPAMM
3