Iotausd
$IOTA - Time to accumulate.We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.)
Trading Range Entries/Exits:
Lowest Red Range = TP1
Highest Red Range = TP2
Lowest Green Range = Accumulate in/above.
Stop loss below current lowest low by 3%.
Trade current trend:
Acquire: 2280 - 2300
Targets:
2350 > 2388 > 2470 > 2510 > 2572
Stop loss: 2235
IOTA - The cryptocurrency for the Internet of ThingsIOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a criptomoeda that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin. A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among which we highlight:
Get to know IOTA, a new criptomoeda suitable for making free microtransactions and optimized for the Internet of Things (IoT), which, unlike the complex and heavy structure of Bitcoin and other blockchain-based currencies, was created to be as light as possible, hence the name "IOTA" that emphasizes its main vocation, which is to serve the IoT, Internet of Things.
IOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a cryptocurrencies that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin.
- A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among which we highlight:
- Tremendous scalability and speed;
- Inexistence of rates, which allows infinitesimal microtransactions (nanotranslation);
- Resistant to attacks by quantum computation;
- Modular and lightweight structure suitable for integration into any devices in the Internet of Things (IOT) environment.
This new currency is undoubtedly the biggest technological advance since the creation of Bitcoin, and the first reason is precisely the fact that it does not use blockchain. In other words, it is a solution that has the potential to overcome and render obsolete all the currencies that have emerged so far.
The problem with currencies that use blockchain is that the more transactions are carried out, the more expensive the tariffs are, sacrificing the possibility of performing microtransactions, the slower the network becomes, and the size of storage required to maintain a node gets bigger . Bitcoin is a clear example: it no longer works without the payment of ever-increasing mining fees. Transactions smaller than 0.01 btc are hardly accepted by miners. And, when accepted, there is a queue for processing transactions, in an increasingly time-consuming manner. And with the ever-increasing blockchain, the wallet occupies a huge space on the computer, forcing ordinary users to use light nodes, which reduces everyone's safety, since to be safe, the peer to peer network needs of more complete nodes (full nodes, rather than light nodes).
Forget the blockchain, iota uses technology called "tangle", which promotes a real decentralization of the transaction processing in the network, since each node, when making transactions, is encouraged to contribute with Proof of Work (PoW) for the benefit of the network as a whole. In this way, each new transaction performs a PoW of its own that validates previous transactions.
At IOTA there are no miners and no privileged nodes limiting the use of the network. It is a truly decentralized network in which each node is important.
Each node is important because the more transactions occur in the IOTA network, the faster they stay, and the more efficient and secure the network as a whole, because the entire PoW is performed exactly during transactions. This is an incredible breakthrough, as it is precisely here that Bitcoin's failure and the like suffer from the large increase in the number of transactions, slowing down. The blockchain allows the formation of real traffic jams, causing rates to increase in order to remedy their limitations. A problem of the past with IOTA.
The biggest of the resulting advantages is that not only micro transactions are possible ... more up to ... nano transactions become something trivial, and are carried out for free, without fees, without fees, since they do not overload the network, but yes they do.
Another great advantage, an innovation of IOTA, is that not necessarily a node needs to be connected to the Internet to work in sync with the network, since nodes can be interconnected in a variety of ways, including bluetooth, for example.
As if there were not enough advantages, it was also designed to withstand quantum computing, a reality these days.
However, even with all these advances, the specific objective of IOTA is not to "compete" by replacing blockchain coins, but rather to create a "symbiosis", in which both technologies act with mutual benefits. And as I said, IOTA's main focus is on the Internet of Things (IoT), being adopted in this industry as currency in the M2M (machine-to-machine) market that is in full formation today ... more or less something of the type:
your car has an iota wallet with 100,000 balance iotas. When you refuel, the fuel pump sensor will automatically charge your iota wallet the corresponding value, for every liter you serve;
you park your car, and the parking sensor debits, minute by minute, the iotas due, during the time that the vehicle stays parked;
your refrigerator detects that your beer stock is low. She immediately sends the order to the nearest supermarket, and the purchase price is debited from the iotas balance of the refrigerator integrated portfolio;
streaming video or pay-per-view debiting your smart TV per minute assisted;
renting of vehicle directly debiting by time or per kilometer;
numerous other uses, which require continued micropayments, and which are not feasible using technology limited by blockchain.
That is why the entire structure of IOTA is designed in a light and modular way so as to be easily integrated with electronic equipment. And there are already big companies eyeing this technology, which is becoming a reality. Thus, the initial interest in the purchase of Iotas is on the part of developers and companies in these technological areas of automation and IoT.
IOTA Partners
i.redd.it
There is a trading opportunity to buy in IOTAUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2660)
Ending of entry zone (0.2045)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3340
TP2= @ 0.4015
TP3= @ 0.4535
TP4= @ 0.5260
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
There is a trading opportunity to buy in IOTAUSDTechnical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2660)
Ending of entry zone (0.2045)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3340
TP2= @ 0.4015
TP3= @ 0.4535
TP4= @ 0.5260
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
IOTUSD has completed the bullish setup | Upto 1052% profitThe IOTUSD was moving within a descending triangle and left the triangle without breakout or breakdown.
Since july 2017 the price action has found a strong support of $0.2051 and this support is not broken sofar.
The bollinger bands is extreme squeeze which is an indication of a massive move up or down soon.
MACD gave weak bull signals since sep 2018 and now it is strong bullish since aptil 2019.
After the death cross of jun 2018 the 10SMA is making golden cross with 20SMA and both moving averages has crossed down the priceline as well to lift the price action up insha Allah.
The sell targets are:
1st target: $2.26
2nd target: $2.90
3rd target: $3.72
Final targets;$ 4.68
Regards,
Atif Akbar (moon333)
IOTA Will Go UP 30,28% !IOTA/USDT Analysis
Are you ready to make money guys ? ;-)
Don't forget the position sizing !
NB : I share informations in a neutral way, I don't offer any investment advice on specific currencies, or initial offers, and does not encourage anyone to enter what may appear to be investment advice, and then completely disclaims any liability for any investment decision made by the reader.
A second Chance to Buy in IOTAUSDMidterm forecast:
0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.4015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4015).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 15 BUY trade(s) @ 0.3196 based on 'Valley' entry method at 2019.04.29.
Total Profit: 19315 pip
Closed trade(s): 4366 pip Profit
Open trade(s): 14949 149pip Profit
Closed Profit:
TP1 @ 0.3340 touched at 2019.05.13 with 144 pip Profit.
TP2 @ 0.4015 touched at 2019.05.15 with 819 pip Profit.
TP3 @ 0.4535 touched at 2019.05.16 with 1339 pip Profit.
TP4 @ 0.5260 touched at 2019.05.29 with 2064 pip Profit.
144 + 819 + 1339 + 2064 = 4366
Open Profit:
Profit for one trade is 0.4555 (current price) - 0.3196 (open price) = 1359 pip
11 trade(s) still open, therefore total profit for open trade(s) is 1359 x 11 = 14949 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
A second Chance to Buy in IOTAUSDMidterm forecast:
0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.4015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4015).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 15 BUY trade(s) @ 0.3196 based on 'Valley' entry method at 2019.04.29.
Total Profit: 19315 pip
Closed trade(s): 4366 pip Profit
Open trade(s): 14949 149pip Profit
Closed Profit:
TP1 @ 0.3340 touched at 2019.05.13 with 144 pip Profit.
TP2 @ 0.4015 touched at 2019.05.15 with 819 pip Profit.
TP3 @ 0.4535 touched at 2019.05.16 with 1339 pip Profit.
TP4 @ 0.5260 touched at 2019.05.29 with 2064 pip Profit.
144 + 819 + 1339 + 2064 = 4366
Open Profit:
Profit for one trade is 0.4555 (current price) - 0.3196 (open price) = 1359 pip
11 trade(s) still open, therefore total profit for open trade(s) is 1359 x 11 = 14949 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 0.6105
TP6= @ 0.7920
TP7= @ 0.9265
TP8= @ 1.1550
TP9= @ 1.4475
TP10= @ 1.7435
TP11= @ 2.2170
TP12= @ 2.6930
TP13= @ 3.3680
TP14= @ 4.2300
TP15= Free
IOTA MOVE COMING!!!huge move is coming next 3 days! it is hard to know which direction it will take but from what i see we are making higher highs and in addition we have some bullish divergence going on
im long here i hope it will play out good because this move will be 10%
I use the HVP indicator to confirm big moves
Downstream channel and triangleIOTA is steady on a downstream channel but is now approaching a bullish trendline that corrected it.
The motion shown is a channel that is being broken with the formation of a triangle.
If the currency breaks up is kind of operation is high risk because it is going against the primary trend, which is high. However it is possible to make good profits, since we wait a pullback
4ª onda/wave?No gráfico diário do IOT identificamos a formação da quarta onda Elliott. Após o movimento dessa quarta onda, temos uma possível quinta onda que nos levará ao rompimento da atual resistência. Então ficaremos atento e caso a quarta onda se confirme (através de um suporte na região demarcada), estaremos em uma região de compras.
In the daily chart of the IOT we identified the formation of the fourth wave Elliott. After the movement of this fourth wave, we have a possible fifth wave that will lead us to the breaking of the current resistance. Then we will be attentive and if the fourth wave is confirmed (through a support in the demarcated region), we will be in a shopping region.