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Iotaforecast

IOTA Breakout is confirmed. Expect ATH within 7 days.Tom Demark count gave a green 2 on daily chart. This is a clear buy signal for IOTA. Stoch RSI is oversold, this also confirms the breakout. There was a huge resistance at 1.04 area. This resistance is broken which also confirms bull trend. On previous breakout we had 0.60 USD increase. I expect a new ATH within 7 days. Here is my trading advice: Long at: 1.04 Take profit: 1.65 Stop loss: 0.95 Support level is: 0.97498 (Fibonacci 0.382)
BITFINEX:IOTUSDLong
by EylemCulculoglu
23
IOT/BTC - Ready for 21% correction.After the positive breakout from my previous analysis (see related idea below) IOT is ready for a brief correction before continuing the bull run. At the moment we have bearish divergence on all the indicators 1. PPO divergence 2. Stoch struggling to point upwards 3. RSI divergence 4. MACD is bearish 5. CCI divergence A triangle structure has formed confirmed by decreasing volume. A breakout seems imminent with strong bearish bias. Few Fibonacci retracements that were respected before can help with entries along the way. The first strong support is at the 0.5 retracement at 0.000082646 A short trade with TP at 21% price drop is a good target. Trade safe.
Short
by alexcrypto
2
IOTA is getting more attention now"IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. Unlike typical blockchain architecture, in IOTA there is no separation of users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization." - BITFINEX The fact that IOTA is free....is peaking interest.
by dandesousa84
IOTA: BULL FLAG!IOTA apparently touched bottom at $0.33, after that started a set of 5 impulsive waves to almost $0.5. The correction is taking place, and it's looking like a very prominent Bullish Flag. Prices might start an impulse right now breaking with impetus the resistance it is sitting on right now. In my opinion, the correction is not done, a final wave down could get us to test $0.4 again (0.618 correction), that's my primary count, starting the next five wave combo from $0.4 up to around $0.6 (1.618 extension).
BITFINEX:IOTUSDLong
by erc9311