Iotaforecast
IOTA - counting elliot wavestomorrow is FUJITSU conference, I am really confused if we are looking for ending 5th wave as bigger wave 1, or this conference invalidates my actual count
if you have better idea by elliot wave rules, share it
I am awaiting higher high on daily RSI for confirmation - around 85
IOTA - An Ascending Triangle Forming?Hello, crypto maniacs!
As we can see on the 4H chart, IOTA reached hard resistance at 23187 level and pulled back, possibly going to form an ascending triangle.
This is my 1st chart on Tradingview and I will be happy and thankful to hear your thoughts about it!
If you like my idea, please give it a thumb UP:))
Thank you!
iota usd check this out for sellif you have iota in your pocket check this out and sell it for more profit be with us thanks
IOTA - abcde correction ?Hi guys,
i think we are looking on abcde correction for impulse wave up
look on histogram at 1h timeframe and RSI also, making triangles for big breakout
its best time to make your DYOR for IOTA background at the moment
IOTA - possible little bounce for move up i see 5 waves up -> possible wave 1 of 5 have done.
retrace below neon blue marked line invalidates count - closing below wave 1
we should retrace after 5 wave up, I see possible strong bullish scenario because we breakout with higher high, also breakout of yesterdays purple RSI line (tested as support, bounced higher with price action) - posted as abcde correction - changed to possible over bullish abc correction due to breakout to higher high.
Purple line breakout with bounce higher, now little bounce to make higher high on RSI but testing white line on RSI with descending triangle - maybe bearish, but not worth shorting for me until we retrace below blue line mentioned in beginning
this is my count only, whats yours ?
// daily RSI could make higher high
fundamental:
so huge announcements behind - also take a look on 23 april on FUJITSU I O T conference.
IOTA - possible correction ?descending triangle forming, descending triangle on RSI - 30 min broken and retested now as resistance, descending histogram on macd
IOTA Ready For a Major Breakout!IOTA setting up for a major breakout. How far away? Only one way to find out, watch and observe the VOLUME. Volume drives price and right now it is staying consistent.. RSI is starting to curl upward with momentum. We have MACD crossing the signal line and Aroon is bullish. We broke through resistance at 18000 and key support at 17000 with the next support at 14000. If we break 14000 then we may see 13500 or lower. If the bulls have hold we can see 20000+. Looking at the chart now and we can see the big cup and handle which took 3 months to complete. An even bigger rounding bottom is forming and we have increasing support.
On the daily 50 MA is below 100 MA. Good thing is the 9 MA is crossing the 50 MA. 12 MA is crossing the 26 MA.
4H Chart is bullish all the way 20 MA is above both 100 and 200 MA
Swing Trading with IOTA
Hello Everyone! Subscribers asked me to do a token analysis of IOTA/USD. And so we have a bullish trend which is not surprising in our case. We have a good signal on short. We are probably either in the 5th wave of growth or in the b wave of correction. But it doesn't make any difference as the place for short is good. It is also possible to enter short on breakdown of the channel. Pay attention to the strong divergence on my oscillator. Levels for fixing at me on the chart. Good luck. Subscribe and like if you want see my daily analysis of tokens as EOSUSD OMGUSD and IOTAUSD.
IOTA, downtrend not brokenOn the log scale you can see that IOTA hasn't broken the downtrend yet. Rejected at resistance. There is also a hidden bearish continuation divergence.
IOTA has Broken out from Downtrend channel!Hey, this is another Idea on IOTA.
Iota has been long time in a Downtrend channel after the breakout (115 days).
During this time, IOTA has shown us no clear Bullish divergence.
BUT 2 days ago IOTA broke out from the dowrtrend channel and can keep on growing.
Looking at the indicators.
MACD - Yes, the MACD has looked kinda bullish in this downtrend channel and you could still make about 25% each trade with the daily MACD, but it could never hold on the uptrend. This time its different because we have broken the channel and Blue line is steeply headed upwards.
RSI - In short, First time bullish after 4 months.
CCI - Shows high demand.
Hope I made your view on whats going on with IOTA somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks!
If this gets a little bit of attention, I will update.
IOTA to 0.000210BTC - Elliot Waves AnalysisThis is the elliot wave path I think we might take towards, 0.000210BTC.
Also, I've put up a fib retractment guide that matches my predictions.
Let's see how this plays out.
watch 18000 level if it breaks out - good opportunity for 25% stop loss 5% take profit 25% risk-reward ratio 5
just if it breaks out!
IOTA Finally Woke UpFinally we have something to cheer about. Notice I am not using any MA/EMA on this chart for now. I am only able to use 4 indicators. What I see is a bullish reversal. One of the best trend reversal indicators is the Aroon. We are at the limit on the 4H. Aroon up finally crossed Aroon down on the daily chart. MACD on the daily is crossing into bullish territory as well. Volume has been on increase since mid March with a slight decline in volume and consolidation in April. THe trend lines I have drawn were started weeks ago except the last red trend line. We have broken the most recent red trend line and above the green trend line. We have strong resistance at 17500 sats. Key support is 14000 sats. The black curvedline indicates a cup pattern while the blue curved line is a potential larger cup.
An IOTA Bargain! See how this week closes, maybe a bounce from trend line. Look for some bullish price action on the daily come Monday and buy buy buy!
IOTA- Upside, Correction, Breakout.All indicators show short term upside but then some downside to make up for the fast incline. Then to the moon. The final price should be around .00038 BTC.
IOTA Death Cross formation - Prepare for price dropIOTA had a Death Cross formation on the daily chart. Death Cross is an important bearish signal generated when the 50-day moving average crosses below the 200-day moving average.
Stoch RSI is over-bought on the daily chart which also confirms the possible bear run.
I expect the price to drop till 1.2148 (fib. 0.618)
Here is my trading idea:
Short at: 1.31
Take profit at: 1.21
Stop loss: 1.45
IOTAIOTA retested Fib 0.618 with a quick pump. Is in 2nd wave of the Elliot Wave which shows strong bullish pattern. We must keep an eye close to $BTC as this coin is providing liquidity to the market, any strong movement in $BTC is affecting hard altcoins.
IOTA/USDIt's not a buy/sell signal for sure..just a though..any suggestions will be helpfull for me..
thanks
IOTA Indicators Bearish Short Term (HIGH RISK)This is a HIGH RISK trade for short term and medium term traders if you enter today.
Indicators starting with MACD and ending with Moving Average are all bearish and we personally will be watching from sidelines until we see positive movement.
Great alternative investments are available currently.
Do not invest what you can't afford to lose. We are not your financial advisors.
