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
IOT
IOTUSD: Support and Triangle broken. Short.The 1D Descending Triangle broke on IOTA as the 0.4980 Support was crossed (RSI = 42.370, MACD = -0.025, Highs/Lows = -0.0164, B/BP = -0.0387). We have a Channel Down in its early stages and the commanding long term bearish trend on 1W (Highs/Lows = -0.0606, MACD = -0.309, RSI = 39.391) should sell every spike below 0.5800. We are still bearish on the long term with our TP = 0.3199, 0.1459 intact.
IOTA: Long Term BuyIOTA dipped recently, tested support at a $0.4951, the 0.236 Fibonacci level, and has since rebounded. This has come one level off from our original assessment: that we'd see a dip to the lower anchor at $0.3440 to properly bottom out, then rebound back to current levels or above them.
Indeed, most cryptos have appeared to have bottomed out, and IOTA may be no exception. But we are still trepidatious at this point, because the hard lower bound for IOTUSD seems to be $0.40 for now. There appear to be two highly probable situations. First, we see IOTUSD collapsing further to test $0.40, before rebounding as we had hinted before. We also could see it break out further from current levels. If this is the case, we could easily retest $0.5886, before making a run for the $0.60 handle. Either way, IOTA seems like it is highly likely to return to the upper $0.50 handle soon, though the large wick on today's candle is somewhat foreboding as it indicates we are having difficulty sustaining today's highs.
Little Hope for IOTAWhen looking at a chart of IOTA against the US Dollar, there is very little to give bulls any hope. This coin has almost completely retraced its value returning to pre-bubble 2017 levels. It's amazing to reflect on the fact that earlier this year, IOTA was in the $2 handle and some had double digit price targets in mind. But even the most exuberant bulls have faded from the scene since IOTA has retreated to a fraction of its value at that time. The technicals are extremely foreboding. Volatility has dropped off effectively to zero, breaking down to further establish new lows. One may anticipate a breakdown or breakout with confidence.
As we can see, throughout this year, we've seen nothing but a solid downtrend. IOTA has been under its 100 day MA for some time now, finding support at the moment from the 50 day SMA. We appear to have a bear flag forming, and if it breaks down from here, we can expect to test pre bubble levels. Our Fibonacci retracement levels were anchored last year, but have provided very valuable insights that still hold true today. Currently, IOTA is at about 0.5963, clinging to support from the 0.382 Fibonacci level, which corresponds to the 50 period SMA. This should provide ample support, but another push to the downside could bring us down to the 0.236 Fibonacci level at 0.495, then we have the lower Fibonacci anchor 0.3440. Although this does appear to be the lower bound the market will expect for IOTA, we do anticipate that it will revert to this point before moving forward again.
If IOTA is able to make another bull run, it will face resistance from the 0.500 Fibonacci retracement level at 0.664. The next Fibonacci level (0.618) at 0.74 also corresponds with the 100 day SMA, so it should provide tremendous resistance. Don't expect IOTA to break through this level any time soon.
Thanks for checking out my analysis! Please take a look at my profile and other social media!
IOTUSD: Triangle extension. Approaching a break-out. Short.IOTA is practically extending the sideways trading within the 1D Triangle (RSI = 52.718), still on Lower Highs, resisted at 0.6500 by the 1W Channel Down (RSI = 40.817, MACD = -0.299, Highs/Lows = -0.0201, B/BP = -0.3135). Besides the obvious scalping within the Triangle, which is a short term trading opportunity, we remain bearish on the long run with TP = 0.3199, 0.1459.
WTC/BTC: Positive signsWTC showing some nice signs on the daily, leaning on a longtime support + fib support. Expecting this coin to do well longterm. Blockchain is coming up, IoT is coming up. I think the combination of both will make for a very interesting combination. MACD and RSI look promising on the daily. Happy trading :)
Still on Lower Highs but still waiting for support break-out.iotIOTA is still on Lower Highs within the 1W Channel Down (MACD = -0.294, Highs/Lows = -0.0836, B/BP = -0.04041) but still supported above 0.4978, which has created a strong 1D Triangle (neutral RSi, ADX, CCI, Highs/Lows). This is approaching its completion and we are expecting a break-out to the downside soon, so we are keeping our short positioning (TP = 0.3199, 0.1459).
IOTA. My target 1.3$After a long fall, which lasted almost 9 months, in my opinion, this coin has completed the correction. I urge that at the price of 0.4 the last correction wave C was completed, which in its length and duration is similar to the wave A.
Almost 2 months the price is consolidated in the range of 0.5-0.6 $. A triangle formed, which in my opinion should shake up. In this case, Wave 1 will continue to form.
If you run rental lines, then the consolidation is now at the bottom of the falling channel, which worked 9 months.
My target coincides with the upper trend line of this incident channel and is 2.618 from the previous wave of growth and 61.8% of the corrected wave of C.
If you consider a smaller timeframe, one can see how the double bottom is reversed:
If the price goes below $ 0.53 - at best, the correction will be delayed in the range of 0.5-0.53 $. The critical point of this coin is $ 0.5
KEYS - buy and holdSector: Industrials
Sub-Sector: Industrial Machinery & Equipment
Keysight Technologies, Inc. is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. 5G test solutions as one example, automated driving another testing solution, IoT and high-speed data centers another. Keysight generated revenues of $3.2B in fiscal year 2017. In April 2017, Keysight acquired Ixia, a leader in network test, visibility, and security. More information is available at keysight.com.
Liked the MACD on this one and rare to see here, as everyone is looking for short or mid-term trades. 12.3B company with 5.8B assets and 1.7B profits on 3.2B in 2017, so 12.3B means sales growth. No dividend.
Contained below the 1D Resistance. Wait for support break-out.IOTUSD has restrained the upside attempts below the 0.6700 Resistance on 1D (RSI = 43.266, MACD = -0.003, Highs/Lows = 0) and the 1W Channel Down (MACD = -0.289, Highs/Lows = -0.1279, B/BP = -0.4062) remains valid. 0.500 is the current support and if crossed we will see an aggressive drop to the November 02, 2017 low = 0.3199 which is our first TP. 0.1459 remains the extension.
Lower High rejection. Channel Down continuation. Still short.IOTA didn't cross the 0.7947 Resistance level and subsequently a new Lower High was made at 0.7428 that initiated a strong rejection (STOCHRSI = 19.365, Williams = -87.292, STOCHRSI = 15.207) within the 1D Channel Down (MACD = -0.042, Highs/Lows = -0.0660, B/BP = -0.0550). The new 4H Channel Down that has emerged can gradually take IOTUSD to our target set on this new bearish 1D leg. TP still = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
Extending the consolidation within the Channel Down. Still shortIOTA is within the 4H Resistance (0.7950) and Support (0.6700) lines (STOCH = 47.520, ADX = 19.955), as the 1D Channel Up extended the consolidation since the latest report. It is however on a slightly negative gradient as the 1D Lower High applies selling pressure on those 4H levels. There is no reason to alter our shorting strategy as long as long as 1W is still on Lower Highs (MACD = -0.270, Highs/Lows = -0.1063, B/BP = 0.3526). TP still = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.