IOTA - Bullish BatMy plan:
1) wait for 14770 sats
2) buy 14470 to 13000 sats.
3) stop under 13000 sats :)
#YTD
#DYOR
Iotaforecast
IOTA - Falling Wedge within Symmetrical TriangleFalling wedge starting to form, indicating a reversal with the bottom of the symmetrical triangle acting as support.
IOTA READY TO BREAK OUT OF THIS PATTERN? - CryptoManiac101IOTA is a great coin with new partnerships, however pattern we are working has is not an easy one in current market. According to this particular pattern we have over 60% probability to see upward break, however if Bitcoin remains under $6,500 we will see a possible downward break.
Recommendation
Investors looking for safe entry, wait for firm break, then do tight Stop Loss.
Current investors should set SL at rising line with rebuy order at demand zone thereafter.
Please remember that only firm break counts. We have many false breakout this year, so don't do automatic SL.
We are neutral on this trade until Bitcoin goes into recovery.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
IOTA correction down to 1.5$ rangeIOTA had a massive move up due to the recent new.
Like they say buy the rumour and sell the news
IOTA is doing ABC zigzag now. Wave A is almost finished, expecting a bounce soon to complete wave B and then a final 5 waves down to finish off C leg.
IOTA:USD - bullish momentum building, will it last?TL:DR Bullish momentum developing on the eve of 'Q' announcement, if it lives up to its billing then I expect a break of $2 all the way up to $2.50+. Underwhelming news could see us back at $1.50
This is the Iota:USD chart with 1D candles. Here is what I said last update "HOWEVER, this chart doesn't show me strength and, unless there is some legitimate good news to increase adoption, I expect we actually move lower toward $1.36." Well price bottomed at $1.34 before reversing on good news. I also discussed in my last update m frustration with their horrible wallet and how it has greatly held the coin back. Since then they have released the Beta version of their sparkling Trinity Wallet which by all accounts is a raging success. With the release we have seen a steady price increase with it currently up 35% from its low 5 days ago.
The chart to me shows signs of bullishness however there are 2 major hurdles in the way. The first hurdle is the downward trendline going back 6 months that I suspect will give strong resistance right at the $2.00 area. After this I expect resistance around the $2.50 - $2.57 area. If these two prices can be cleared then we may see major price action to the upside.
Now, if price cannot break through the $2.00 mark then I would expect a retest of the $1.50 which has acted as a very strong support. At the moment I believe it would take a Crypto-wide downturn to see Iota break much below the $1.50 mark.
One concern I have is that what we are seeing is a "buy the rumor" situation as we near the supposed announcement of "Q" on June 3rd or 6th. The Iota community has been abuzz about Q for at least 6 months and has been a major reason why many have held onto the token. If anything goes wrong with the Q announcement we could see a retrace to $1.50. What could go? A delay, an underwhelming announcement, or simply a "sell the news" type reaction. Time will tell...
Fundamentally I am most excited about Ether and Iota and am long term bullish on these two projects. Iota appears to be actively working out its problems related to (1) its wallet (2) horizontal scalability. They also continue to make inroads with large automobile and IoT companies which will hopefully become the backbone of a robust, high speed Tangle. Is the market down from its all-time-high? Yes, Iota is currently down 67% from ATH. To me this is the time to accumulate, just like 2009 was the time to scoop up cheap stocks, now is the time to scoop up cheap coins. The bear market will come to an end and i want to be well positioned.
***This is not investing advice. I am not an investing professional. Do not invest more than you can afford to lose. All investors should seek guidance from licensed financial advisers and not random people on the internet.***
#IOTAUSD will break $2 soonIOTA seems to be bullish and is riding on Elliot wave 1.
It will break $2 and reach target of 2.1 soon in next few hours.
IOTA: WALLET RELEASE & UN COLLABORATION - PROFIT = 18.86% !!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 18.86% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
April 20: Fujitsu is set to introduce IOTA at the Hannover Messe trade fair in Germany this month. A Fujitsu Full Node that is connected to the first K5 Enterprise IOTA full node will be unveiled at the event.
April 20: The IOTA Foundation (IOTA) and InnoEnergy Scandinavia (InnoEnergy) signed a Memorandum of Understanding coming into effect this month. The two parties will collaborate on the development of smart community solutions and business model innovation
April 21: Fujitsu full node demonstrated at Hannover Messe trade fair in Germany. This allows for machine to machine payments and secure component tracking between robots.
April 30: IOTA Snapshot outline. This aims to reduce the size it takes for nodes to save the entire Tangle (to disk).
May 1: IOTA Ecosystem website is released. This includes an IOTA Development Fund that provides financial support to developers who make use of the IOTA platform.
May 2: IOTA Foundation (IOTA) joins Bosch, Groupe Renault, BMW , Ford, General Motors, ZF, and other mobility and Distributed Ledger Technology (DLT) leaders to form a new mobility industry consortium fostering joint development of DLT standards, pilot projects, and open source software tools.
May 2 : Forbes publishes article on IOTA's price rise.
May 3: IOTA Foundation is excited and proud to start the official unveiling of Qubic
May 3: Huobi to list IOTA.
(NEW) May 17 : Kontakt.io, the leading IoT (Internet of Things) location platform provider, announces collaboration with the IOTA Foundationt.
Kontakt.io aims to integrate IOTA’sdistributed ledger technology with Kontakt.io’s location platform. The integration will enable tamper-proof and chargeable readings of smart sensor data. This will equip healthcare operators and supply chain firms which monitor environmental conditions for compliance reasons with fully transparent ways for storing and reporting on telemetry data.
(NEW) May 23 : IOTA announces collaboration with the UN.
The UN believes that IOTA’s distributed ledger can provide a greater level of efficiency in the management and tracking of UN documents, supply chains and transactional payments in real-time, with access available to both UNOPS and its partners.
(NEW) May 30: IOTA announces the release of it's Trinity Wallet for IOS and Android.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
IOTA less scary chart ;-) My last chart for IOTA hasn´t been very kind to the token. It showed a harmful correction to a level at 0.37$ - what is still possible - who knows the future?
In this chart I combined the chart patterns with the EW, even when some are telling me that EW is "rubbish".
First we see a long negative trend channel, beginning at ATH and ending at the last low. It has been broken two to three times on the lower limit but not one time on the upper limit. We can consider this channel as very strong.
Within this strong channel we can find a possible EW- correction. Yes, retrospective it is more easy to find this.
At 0.91$ the trend turned to be positive, with IOTA entering a new trend channel. Also this trend was quite stable till IOTA reached the last high at ~ 2.40$. I drew a new and motive 12345 EW in this channel.
After passing the high IOTA turned and became negative - comparable to the other altcoins and Bitcoin.
As I´ve shown the token shows quite stable trends, normally it stays within a forming trend channel.
So I´ve drawn a new negative trend channel and tried to find a possible EW-corrective wave within - this time not only retrospective but also projective.
Actually there are tow possibilities in my opinion.
scenario a)
IOTA breaks through the upper limit of the trend channel to leave it and to enter a positive trend. In this case we would have a ABC-correction - not a ABCDE one. And IOTA would rise to ~2,28$ and in the long run to prices above 3.71$
scenario b)
IOTA rebounds at the limit and falls back into the channel. In this case it would head to lower prices at about 1.45$ - if this support wouldn´t be strong enough the next supports are following (see orange lines).
RSI is in bearish zone but will it break the trend line to generate a positive sign?
MACD is also bearish but not far away from neutral, so it could change everytime.
In the long run I expect higher prices as shown with the black arrow unless we get no negative news from the market or the foundation.
IOTA/USD Cann Still See More DownsideHello Traders,
In this analysis, I am looking at IOTAUSD. This crypto is also correcting the move lower.
It has already lost more than -40% of its value. Like always, cryptos are very volatile as you can see and having the right risk management is key to survive in this market.
Anyway, with the new low and trendline break, I am expecting more downside to follow to the areas mentioned in the chart above.
At some time when the crypto reached that area, I am looking for a bigger correction to the upside to at least to the trendline (drawn in the chart) Invalidation level for this view will be the low at 0.9058.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
IOTA BTC - Volume rising , price following.Hello folks! Easy setup for IOTA , in Daily timeframe there is a clear uptrend , in shorter timeframe as 4h , just broke a resistance that was pushing the price lower , volumes are rising so it could be a nice buy opportunity , with a stop loss around 19k and take profit in 30k zone. Don't take that as financial advice ! Have a nice day
IOTA @ $2.00 pullback!Grab some IOTA whilst it is completing a retracement at around $2 price level, I have no reason to doubt that this coin has the potential to reach the $3 mark in the next few weeks!
Just cents from historic landmark 0.618This is just beginning, if you did not start to enter the previous calls (previous ideas) I think now the best opportunity to enter is to wait for the setback that you should have after getting the 0.618
Time to buy IOTAI think that IOTAETH found a good support at 50% Fibonacci level, also 50EMA is going to cross 200EMA, which is strong bullish signal. We can make some purchases at this levels (0.0028-0.0030). Profit targets can be placed at 0.005 (70% of position) and 0.0067 levels (20-30% of position).
IOTA Scheduled for May 1st-3rdThe idea speaks for itself. You have a pretty clear trend of IOTA breaking out from descending triangles. We know the payout can be huge. For this next run I'm putting a target at 31000 satoshi's. My timeframe is based on IOTA never making it to the corner of the right triangle.
IOTABTC looking ready for major moveIOTABTC looks ready for a major move. Painting a bull pennant and displaying nice consolidation. If it breaks upwards - a great time to buy.
Is IOTA ready to MOON?Hello, crypto maniacs!
On the 4H chart, IOTA is currently sitting on a strong support (dark blue line), which is perfectly matching with 0.23 Fib Retracement level.
Above the current price, at 0.00024572 level (red line), IOTA faced hard resistance.
Note the white box, where this exact same level was serving as resistance, there IOTA pulled back before it's rise to the ATH.
Also, please check both yellow circles at 0.00013109 level (white line).
The one, on the left, marks the begging of the previous bull run to the ATH. The other one marks the trend reversal from the Fib Retracement.
So, what does all that means?! Is IOTA going to take it's flight to the MOON soon?
I will let you determine for yourself!
NOTE: THIS IS NOT A FINANCIAL OR INVESTMENT ADVISE!
Iota: upside, correction, breakout. Iota will some short term upside. Then it will dip to the lower trend line then explode and hit the 1.68 fib.
