IOTAUSD: Analysis using Ichimoku 19/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI on the H1 has reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level on the H1 and H4.
Good luck!
IOTALONG
IOTA: Analysis using Ichimoku 13/06/2020H4
The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel.
RSI has reached oversold levels.
Conclusion:
We believe that it is worth buying at the market price now. Price declines are likely was false.
H1
Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome.
Conclusion:
We recommend buying IOTA now because most indicators indicate the end of the price decline.
Good luck!
IOTA: Analysis using Ichimoku 08/06/2020H4
The price is trading above the Ichimoku cloud, indicating an uptrend.
RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold.
H1
The price is gradually falling, moving under the Ichimoku cloud. Visually there is a correction within model of a wedge.
RSI new lows at the oversold level, keeping the price above 0.2.
Conclusion:
We recommend buying from a key Fibonacci level of 23.6% and when the RSI level is oversold.
Good luck!
IOTA/USD - the upward channelIt's moving in the channel.
Now we're standing in the middle of the channel.
We're also standing at $0.20.
I'm gonna try the log to the upper edge of the channel.
Cancel long position: breakout of the zone 0.20$.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
A sign!--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
This is an update from my previous idea, plz here you can find attached.
It is an important event in nature as it is the intersection with the MA200.
We don't know for sure the outcome of this action, although at least we expect some interesting movement here. Nice, isn't it?
From a 4h view we've been above the moving average for few hours already, but jut starting.
How far do you see Iota performing this summer? Please feel free to leave any comment.
Thanks again!
IOTA's Stairway to HeavenIota like a little chad broke out from its bullish pennant and is now travelling towards the moon in this ascending channel. I am not trading this but it will be a fun watch. Iota never stays too far behind XRP and I guess now is the time to make some gains before BTC decides what it wants.
Decay coinsSome speculative theory regarding the decaying nature of major altcoins, It can be seen that in the outer 1.618 fib ring in the ealy days of IOTA decay was present before lift off. Is this happening on a larger scale? Two pumps to .5 fibonacci retracement level support this theory that the next fib transition will produce a bullish outcome.
iOTA/BTC - intention to break intention to break the level of 0.00002387 on the daily typhoon
candlestick analysis shows a great pin bar to buy.
There may be one more rollback from the level, and only after the breakdown.
It will be more reliable to buy after the break-down and fixation.
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IOTA Analysis!IOTA
Looking to trend down along the Gann line of 2/1
Looks bearish on this small time frame but on a larger time frame this can be observed from both angles as very bullish
I was long once on IOTA, F
Can someone let me know if im doing this fibonacci thing right? I've been doing it for a little now
IOTA/BTC trading updateHello trader,
This is an update of our analyses on IOTA/BTC, we see the green box as a buying area, now the price just reverted on important support level and is showing us a bullish momentum, our objective is the next important Resistance.
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IOTABTC Making Bullish MovesIOTABTC which is up around 30% so far in January has broken above the 200 day moving average for the first time in 10 months.
The idea of Coordicide is starting to be positively received by the crypto community as more people are understanding the plan and implications.
Has the year of accumulation for Iota come to an end? Maybe..