Iotausd
IOTUSD: Triangle extension. Approaching a break-out. Short.IOTA is practically extending the sideways trading within the 1D Triangle (RSI = 52.718), still on Lower Highs, resisted at 0.6500 by the 1W Channel Down (RSI = 40.817, MACD = -0.299, Highs/Lows = -0.0201, B/BP = -0.3135). Besides the obvious scalping within the Triangle, which is a short term trading opportunity, we remain bearish on the long run with TP = 0.3199, 0.1459.
IOATA - Indicators Point DownIOTUSD has established a new resistance at 0.61 level which coincides with the upper bollinger band and an overbought stochastic. These indicators points a downward movement all together. A breakdown below 0.59 support will confirm the fall which may target 0.5580 primarily. As an alternative scenario, a break above the strong 0.61 resistance can carry the price to 0.65 level, the next resistance,
Iota Short position to the upside As you can in my analysis where the market is heading in my view check it out.
IOTAUSD - 1D Chart AnalysisLike for the rest of the coins, the price of Iota has also started to slow down it's daily movement average based on a lower trading volume.The actual sideways movement has started on the 6th of September and it doesn't seem to be over as long as there are no strong fundamentals yet. On a very short period of time, as long as the price will stay above 0.5638$ (Pivot Level), the next possible targets are 0.5844$ (Resistance Level 1) and 0.6232$ (Resistance Level 2) in extension.
This first scenario is supported by Stochastic which is indicating that the trend may continue, by the MACD line which is still above the Signal one and it can be confirmed by the Bollinger Bands as well. The opening price of the current candlestick it's higher than the 20 days Moving Average and if the closing price of it will be bigger than 0.5727$, we'll get the confirmation we are looking for.
On the other hand, if the price will fail to end up the day higher than 0.5727$ and it will also cross the Pivot Level, the next possible targets are 0.5456$ (Support Level 1) and 0.5250$ (Support Level 2) in extension.
IOTA - Targets For LongIOTA shows big volumes and low volatility level. This is nice time for enter investors and long-term position trading.
0.382 Fib level (now is classic level for our trades) looks legit for first traget in couple of weeks.
IOTA about to push higherHere's a clear triangle with beautiful price contraction. On 2h IOTUSD is already trying to breakout. But i'm waiting for a breakout of the MACD triangle to confirm.
Next target : ~0.95$
Price entry 0.565$
Stop Loss 0.525$
If you agree don't miss to follow and thumb up please. Thanks
Still on Lower Highs but still waiting for support break-out.iotIOTA is still on Lower Highs within the 1W Channel Down (MACD = -0.294, Highs/Lows = -0.0836, B/BP = -0.04041) but still supported above 0.4978, which has created a strong 1D Triangle (neutral RSi, ADX, CCI, Highs/Lows). This is approaching its completion and we are expecting a break-out to the downside soon, so we are keeping our short positioning (TP = 0.3199, 0.1459).
IOTA / US Dollar levels for 2018-2019Fib progression based on first fractal
Note that time fibs often play role of reversing market direction.
IOTA/USD end of triangle!! 0.7 or 0.4 ?!IOTA reaching the end! It will have to fullfill its destine and go to either 0.7 or 0.4! according to my indicators, there is no sign of bullish or bearish! All indicators are showing a neutral sign, just like the slow stoch shown! Standing exactly on the 50 and 20 day moving average. So… it will follow BTC on this one! If the market falls, so will IOTA, if the markets go up, so will IOTA.
IOTA/DOLLAR 1 DAY SIMPLE CHARTI DRAW ONE TRIANGLE ONE SUPPORT AND THREE RESISTANCE
THANKS
WISE YOU SUCCESS
IOTA. My target 1.3$After a long fall, which lasted almost 9 months, in my opinion, this coin has completed the correction. I urge that at the price of 0.4 the last correction wave C was completed, which in its length and duration is similar to the wave A.
Almost 2 months the price is consolidated in the range of 0.5-0.6 $. A triangle formed, which in my opinion should shake up. In this case, Wave 1 will continue to form.
If you run rental lines, then the consolidation is now at the bottom of the falling channel, which worked 9 months.
My target coincides with the upper trend line of this incident channel and is 2.618 from the previous wave of growth and 61.8% of the corrected wave of C.
If you consider a smaller timeframe, one can see how the double bottom is reversed:
If the price goes below $ 0.53 - at best, the correction will be delayed in the range of 0.5-0.53 $. The critical point of this coin is $ 0.5
Is iota preparing lift off?The past months iota took blow after blow,
is the retracement over,and ready for a trend reversal.
My answers is yes,but it's need to prepare little more
look at this pattern
the resembling is uncanny,will this pattern play out,
I hope so .A good indicator I'm waiting for is ,breaching the upper blue line
and going back between the blue lines again to prepare for take off,
I will give my targets then
I will keep you updated.
Remember this never count on crypto to be your hail mary
because they will utterly dissappoint you.
Until next time !
Sir Durzo
IOTA seems to be readyThe great correction has been ongoing for 9 months. The period at the blue flag could be the capitulation zone. The main support was broken. After this the price has been consolidating and building a new bottom, or so it seems. The green arrows indicate points where the new support is tested over the last few weeks.
The biggest downtrend lines have been broken and IOTA has now corrected from the last pump after breaking these lines. ( Last 2 weeks ).
So it seems IOTA is ready for good news to have a lasting effect again. And good news is comming in Q4 with Qubic and partnerships starting with real life products in Q1 of 2019. ( With Volkswagen ( VW ). Also AUDI, Bosch, Fujitsu and big energy companies are now working with IOTA. In The Netherlands there is already a charging station for electric cars running on IOTA. And this is only the beginning..
Please let me know if you agree IOTA is on a breakout point and a good investment for the next decade or two. ( Or just a thumbs up if you appreciate this idea )
IOTA 50% trade setupAfter previous breakout down and hitting Stop Loss new entry setting
Possible 50% profit trade worth taking R:R for me
Trade on your own risk (Educational TA)
Contained below the 1D Resistance. Wait for support break-out.IOTUSD has restrained the upside attempts below the 0.6700 Resistance on 1D (RSI = 43.266, MACD = -0.003, Highs/Lows = 0) and the 1W Channel Down (MACD = -0.289, Highs/Lows = -0.1279, B/BP = -0.4062) remains valid. 0.500 is the current support and if crossed we will see an aggressive drop to the November 02, 2017 low = 0.3199 which is our first TP. 0.1459 remains the extension.
IOTAUSD - 1D Chart AnalysisAfter a sideways movement that started on the 6th of September, the price is getting close for the 5th time this month to the the Support Level of 0.5238$ where it had difficulties in advancing towards lower values on the previous 4 attempts.
With the RSI on neutral position and with the Stochastic indicating that the price will register lower values, the bearish trend can be confirmed by the price at the end of the day. If the latter will finish the day lower than 0.5574$, it will create a red candlestick below the 20 days Moving Average and the possible targets are :
* 0.5091$ - the lower band of Bollinger
* 0.4384$ - level which wasn't reached since the 16th of August
On the other hand, of the price will reach the Support Level of 0.5238$ and it will fail one more time to break it, then the possible targets will become :
* 0.5849$ - Resistance Level 1
* 0.6681$ - Resistance Level 2
IOTA vs. Bitcoin: Triangle in downtrendYellow triangle is the key for this Pair.
60% is will go south
40% is will go north
