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Iotabulls

Short tf (4hr tf) analysis of IOTA..bull move The downtrend line in IOTA that started from price high of $5.80 made on Dec. 19, 2017 to a price low of $1.20 (Feb. 6 2018) is shown on the chart. Currently, price action has successfully broken the downtrend line and managed to stay above it. This argues for a bullish bias in IOTA. Besides, I have also used a curve on the chart to show the bottom action of price in IOTA. It currently also looks like IOTA is forming an inverted, complex Head and shoulder pattern (or a complex Head and shoulder bottom).It is NOT yet a complex inverted H&S pattern yet. Price MUST close above the pink line (~$2.17) for the inverted complex H&S to be confirmed. Possible target area for the trade is shown between $4.02 and $4.23. A quick deep in price to about the $1.85 area would be a great target to get into the trade. Price moving back below the downtrend line would make me reconsider my bullish thesis for IOTA and I would look to exiting the trade or drastically cutting the size of my position. POI = point at which the trade is no longer valid = Close of price below the low made on Feb 6 2018 = ~$1.20 Using $1.85 as my trade entry point and $1.20 as the POI, risk - $0.65 Reward = Potential Profit = $4.02 – $1.85 = $2.17 Risk/reward ratio = ~3.4
BITFINEX:IOTUSDLong
by Coin_Analyst
Iota to enter a new paradigm There is limited data as Iota was primarily traded over the counter before being added to the first major exchange Bitfinex. Fundamentally everything seems to be on track but it won't be discussed in depth as is mostly about technicals and psychology. I will say that BOSCH opening saying they invested into the IOTA tokens itself is huge. A correction has taken place and looks to be almost complete. If that is true, we could begin either wave 3 or C. It doesn't really matter too much which and it's impossible to tell without hindsight. Trading wise it's the same thing. A long here or at support will be rewarding. The sheeps have heard of Iota, and most have dismissed it. There has been no fomo (fear of missing out)/ euphoric type talks about Iota taking over Bitcoin. This psychology of the mass is similar to Ethereum a few years ago. Most are skeptical of the claims and are waiting for more development and confirmation before putting larger money. The notion is to buy the potential and sell the product. Once Iota does do what it claims, the sheeps will be buying and the smart investors/traders should be selling.
Long
by DrIntp
3
IOTA/USD Orgasmic explosion to the moonHi Seildev here Today we’re looking at IOTA/USD pair. This has been on my radar for quite some time as we have seen some explosive growth in the past month. This chart presents a classic cup and handle with bullish flag coming down to 61.8% fib from swing high of 5.529 and swing low of 3.32. I expect this pair to rocket to targets: - Target 1 @ 6.995 USD - Target 2 @ 9.332 USD I won’t say I will chop my manhood off line Mcaffe regarding his confidence on bitcoins however I’ll be somewhat most confident and say that I will shave both my eye brows if this pair doesn’t reach Target 1 6.995 USD by January 15th 2018. As always, trade with a plan and safe trading. If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
BITFINEX:IOTUSDLong
by seildev
13
IOTA Breakout is confirmed according to Tom Demark count. IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal. This rise happened because of Robert Bosch Venture Capital news: www.huffingtonpost.com First resistance: 4.9 Second resistance: 5.5 I expect the first resistance will be broken easily. If we reach 5.5 area we will get a new all time high because double tops near all time highs are unicorns. My advice for IOTA: Buy and hold. My forecast for IOTA: >100 at the end of 2019.
BITFINEX:IOTUSDLong
by EylemCulculoglu
27
IOTA DirectionIota seems to be stabilizing and we can see a few different directions at this point. If you notice the RSI has leveled out and is not overbought nor oversold but rather stable in the middle. It's safe to say that we will continue steady in the direction of (2). Although there may be a change in direction at the end of the triangle (1) and we could start to see a reversal or we could fall to the last support level of (3). I don't think we will fall in (4). It seems though in USD the steady price is around 3.70 to 4.00. Pay attention today as we are likely to see some noticeable IOTA chart directions.
Long
by Dissed
3
IOTA Bear Trend Will Be OverWe are currently at red 7 according to Tom Demark count on the 4H chart. This means we can have up to 8 more hours of bear trend. I expect the price to go upwards after that. Stoch RSI is oversold which confirms my idea. There is a huge support at 3.58 area. If price touches that area it will bounce from there. Resistance areas are: 5.12 and 5.6 Here is my high profit/low risk short term trading idea: Long at: 3.7 Take profit at: 5.0 Stop loss: 3.4 For long term, I recommend buy and hold.
BITFINEX:IOTUSDLong
by EylemCulculoglu
30
IOTA trade idea for day traders.With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being eyed as a catalyst for IoT growth. IOTA is the e-currency of IoT and IOTA's value will be much more than whole IoT market because it is a limited commodity. I called for long when the IOTA price was 1.04. People who have followed my advice made decent money. I expect IOTA price to be >100 USD by the end of 2019. For that reason I recommend to buy and hold. But if you are a day trader there is a good trade opportunity: We are currently at red 5 on hourly chart according to Tom Demark count. IOTA price will fall up to 4 more hours then uptrend will start again. We are currently at green 4 on daily chart and green 5 on weekly chart. Which means bull trend will continue at least 4 more weeks. Here is my short term idea for day traders: Long at: 4.02 (fib. 0382) Take profit at: >5.5 Stop loss: 3.4
BITFINEX:IOTUSDLong
by EylemCulculoglu
14
IOTA - Take some profits before it will be cut in halfIOTA had an incredible run over the last weeks. I have been aggressively buying into weakness in September and October below 0.45$. Now it is about to reach the 3.618% Fib extension at 3.78$ and is getting overbought in the short-term. I´d recommend to take some profits off the table and put some limit buy orders between 1,50$ and 1,90$. As far as I can see the volatility will rise dramatically and a 50-70% pullback is getting very close... Take some money off the table but don't short this bull-market...
BITFINEX:IOTUSDLong
by MidasTouchConsulting
IOTA Bull Trend Will ContinueIOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet Of Things Market will reach $267B By 2020. IOTA is the e-currency of IoT and it is market value will be much more than the whole IoT market as it is a limited commodity. I recommend to buy and hold IOTA for long term. If you are a trader, here is my short term idea: Long at: 2.39 Take profit: >4.0 Stop loss: 1.40
BITFINEX:IOTUSDLong
by EylemCulculoglu
7
IOTA/USD Alalytics by Elite Team Brokers ( Skype: saharovanil )There are a lot of good news on the coin, therefore the trend in long should justify itself even with the purchase and hold mode. The best price to buy back is 1.90$. But actually as we noticed the correction on the 2.3 mark did not happen serious, for this we expect a fall to about 1.9 $ Those who hold the currency in LONG can already buy at the rate of 2.15 and keep it to $ 2.8 or $ 3 The forecast period is 2-14 days.
BITFINEX:IOTUSD
by saharovanil
5