ITC Btc coming - looks bullish to me.I am not going deep into the charting here since my lack of skills with the tools will not do my idea justice.
Have a look, TA it better if you want, just an idea.
IOT
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
A trading opportunity to buy in IOTABTCTechnical analysis:
. IOTA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007300 to 0.00006415). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007300)
Ending of entry zone (0.00006415)
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= @ 0.00008020
TP2= @ 0.00008540
TP3= @ 0.00009380
TP4= @ 0.00011050
TP5= @ 0.00012950
TP6= @ 0.00014060
TP7= @ 0.00016480
TP8= @ 0.00018910
TP9= @ 0.00026760
TP10= @ 0.00031200
TP11= Free
IOTA ($IOTA) - up to 460% PPT! Long term trade.$IOTA is showing bullish divergence on daily chart.
Price reached buy zone and had been moving there for a while.
$IOTA is one of the top project in crypto space with great idea and community support.
Green - buy. Red - sell.
I do not recommend using this chart for margin trading.
It's not a financial advice.
Trade carefully and good luck!
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.
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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.
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.
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IOTAIOTBTC
Forming the accumulative triangle under the all time low price where we can go before the next cycle moving. Stoch RSI almost overbought, Aroon trend indicator still bearish and now IOTBTC near the resistance line.
Our loss limited 0, profit unlimited. Remember about capital and risk managment!
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
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.