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IOT

IOTUSD: 1st target hit. 2nd projected towards the end of JanuaryTP = 0.3200 hit as the 1W Channel Down (RSI = 34.160, MACD = -0.306, Highs/Lows = -0.1732) made a new bearish leg nearly making a new Lower Low at 0.2450. Based on this channel and the Lower Low support (dashed line) we will pursue our final TP = 0.1495, which is projected to be accomplished near the end of January. However due to the highly probable scenario that the crypto market is near a bottom, we are prepared to close that final position (still on profit) if the price jumps above 0.4000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITFINEX:IOTUSDShort
by InvestingScope
1
IOTA opportunities explode with Electronic Gian Bosh partnershipOn the November 12, engineering and electronics manufacturer Bosch, has announced about the partnership with IOTA. Here is the actual tweet: twitter.com Bosh is a leading enterprise in regards to the research and development of technology designed for Internet Of Things (IoT). Currently Bosh is integrating its new data collection IoT device with the decentralized IOTA Data Marketplace. IOTA Marketplace is where parties can trade (buy and sell) access to active data streams, through MAM (Masked Authenticated Messaging). MAM is often said to be like a radio, where Only who knows the radio frequency may reach the message. In MAM, only who knows the Channel Key can get access to the data. Also, users can “trust the source and integrity of data even though the identity of the source is masked”. After Bosh announced about the partnership, IOTA has gained more than 5% over the Bitcoin, hitting 79k satoshis. Nevertheless, the growth has been short-lived and price currently stuck close the 200 Moving Average. The recently low at 76k satoshis could prove to play an important role in the short term price development. Daily close below that price, could send IOT/BTC down to the 72-74k support area, confirmed with Fibonacci retracement levels. But, as long as daily close will remain above, IOT can be expected to move higher, especially considering the fact that the 78.6% Fibonacci resistance has been broken. The next upside target is seen at 84-85k satoshis area, which is 61.% Fibonacci. Its worth mentioning that the RSI oscillator broke above the descending channel and found the support at the upper trend line, rejecting it recently. Considering these technical aspects as well as the huge partnership with Bosh, over the medium term price increase should be expected. Having said that, probability that 74k satoshis support area will be re-tested should not be ignored. And finally, if 70k satoshis physiological support is broken, bullish outlook will become much less likely. In that case the downtrend continuation could be the most expected scenario.
by CryptalDash
IOTUSD: New Lower Low made. Channel Down intact.IOTA has just priced a Lower Low on the 1D Channel Down (RSI = 34.297, Highs/Lows = -0.0018) and even crossed Augusts 0.4050 low, which was the bottom on the 1W chart (also bearish with STOCHRSI = 28.684). A retrace tp 0.4570 is expected before IOTA finally tests the 0.3200 November 02, 2017 low. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITFINEX:IOTUSDShort
by InvestingScope
5
DATA/BTC ready to POP. Will she break Res in Nov?Moonboy - Never Broke Again {-aka-} TheRealJackDaniels {-aka-} Rainy Ryan October 31, 2018 StreamR DATAcoin: Crypto - Trade, Technical, Fundamental Analysis Trade Score: Solid (7.5/10) Looking Promising! If DATA can break this resistance then boy oh boy, get your pots and pans, we may have SAUCE TO SPARE. DATA should get a nice little POP like all of his other Altcoin buddies within a few weeks - charts showing very similar patterns. - *(granted BTC/USD/Stocks don't do anything too drastic). Indicators: Great (8/10) -MACD: Consistently creating (Higher-Lows) since mid-August, Bullish -STOCH RSI: Looking very Oversold -Volume: Recent Spike - plenty of Green, with little Red response, (evidence of good mood/comfort level) -Trend/Mood: . Balls Back - Heatin Up... Altcoin Season, get your tags. Low/Mid cappers popping off daily. Fundamentals: Good (7/10) -Rank and Market Cap: Mid 100s + Low Millions (Low/Mid-Cap) -Hype Level: Low Marketing + Low Trading Volume (3MilUSD) -Concept: Dope IoT/data-focused project. Creates/catalyzes high speed economies between devices, data, users, and companies. Example: You car can instantly buy road/traffic condition data from other smart cars, while selling its own data back. Sector Dissection: "overshadowed" by IOTA, IOTX and others, but can actually complement their products quite nicely. - Current State of Being - Rising - Spiking - Retracing HARD - Battling for new "Neck Support" - Winning/Stabilizing - REPEAT Strategy: *Not Financial Advice - Not a Financial Advisor - New to Technical/Trading Analysis* May be a good idea to buy in once this Neckline retraces/reestablishes solid support and play the weekly trends/spikes. The above evidence seems like enough foundation to reasonably assume a solid return of between 20% - 100% within the next 2 months, as long as nothing crazy happens with the overall BTC or stock market. (However, they both seem to be making pivotal moves on shaky ground right now so who the hell knows.) Moonboy - Never Broke Again {aka} TheRealJackDaniels Connect with me on Twitter: twitter.com Comments/Corrections are welcome. --- P.S. check out my mixtapes ssSKRRRRTtt --- THAT FRIEND ALBUM: www.youtube.com KID CAN'T RAP: www.youtube.com
Long
by JackDanielsXoXo
1
IOTUSD: Falling Wedge cracked below. Expecting a 1W support testThe 1D Falling Wedge broke downwards (RSI = 34.753, MACD = -0.020, Highs/Lows = -0.0276, B/BP = -0.0673) and a test of the 0.4039 Support is necessary to provide the next pattern. That will most likely be a Channel Down on 1D (blue dotted channel) that can extend up to 0.3199 as part of the Lower Low process. The overall long term trend remains bearish (1W RSI = 38.183, grey channel) and so do we on IOTUSD with TP = 0.3199, 0.1459.
BITFINEX:IOTUSDShort
by InvestingScope
1
IOTUSD: Falling Wedge near its bearish break-out. Still short.ioThe previous Descending Triangle on 1D has been discontinued as the price broke and remains below the 0.4978 support. As a result a Falling Wedge has emerged on 1D (RSI = 39.630, MACD = -0.018, Highs/Lows = -0.0063, B/BP = -0.0270) which should break towards the end of October and test the 0.4040 1W support. With 1W though still on a long term bearish pattern (MACD = -0.307, Highs/Lows = -0.0515), the 0.3200 November 02, 2017 should be tested. We remain bearish on IOTUSD with TP = 0.3199, 0.1459 (long term).
BITFINEX:IOTUSDShort
by InvestingScope
1
IOTA / BITCOIN Fresh LookThe sine lines are measured from the last large breakout and breakdown points to show where the buying and selling pressure will be strong or weak, the end of the horizontal fibonacci shows where the bearish energy should be exhausted. if this price can reach the target buy zone then it should confirm an uptrend where selling pressure is low. Disclaimers, not intended to be financial advice, not an expert. I'm not holding any IOTA at the moment. If you like the charting techniques check out trader 'bdkelly1203' Note: strategy stats not relevant on this timeframe Biffy
Long
by Biffy