IOTA. It's dangerous to buy now the trend line was break by buyers, after sellers returned the price under the trend line after 2 months.
After breaking the trend line down, its test is now under way. If he is successful - then I see the following:
1) The price falls to the price zone 0.74-0.81 - from where it again tests the trend and goes 0.51-0.56
2) The price falls to the price zone 0.74-0.81, from where the rebound begins to 1.11-1.21
I will consider the long variant only when the price is fixed above the price range of 1.11-1.21.
Iotausdt
Equilibrium broke like anticipated, now take profit!Hey guys, just like I've been posting yesterday, we have broken the equilibrium in the 4H bearish together with grandpa BTC & reached the previous lows at 0,88 with more than 5% profit potential .
So: If you played this like I suggested: Good for you! Now it might be time to take profit (if you haven't so far) & wait for further price action on Bitcoin . We're right now highly oversold in the 4h & Daily with BTC , and grandpa still gives the direction.
If you don't want to miss equilibrium breaks next time: Please follow me & watch my daily videos! (description in my status). I wish you a good trading! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA in equilibrium, break coming!Hey guys, IOTA, just like grandpa BTC is right now in a tightening range on the 4H with the 1,02 long wick as resistance & 0, 918 as support. A break here is coming rather sooner than later, and will see a big move. Of course, the direction will highly depend on BTC.
A bear break is looking at 0,88 at least. Should those not hold, next supports in the Daily are at 0,85 & 0,7. A bull break could lead at least to the recent highs at 1,075.
=> Since we're in a bearish trend , the break of equilibriums always favors the bears, than it does the bulls. But you still have to wait for a clear break, esp. with those long wicks & fake-outs. So always be more conservative, miss a few percent rather than getting faked out. Set your orders accordingly, and never forget your stop loss. Look at BTC before trading here, IOTA isn't going anywhere without grandpa. I wish you good luck trading! ;)
If you find my analysis helpful, please like & subscribe, and watch my daily videos, I will be talking about the equilibrium today! ;) (description is in my status)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
IOTA crashes with the CPPIOTA received the boost from the bulls at the beginning of the day that brought the price to the Central Pivot Point at $ 1.25 but quickly lost strength and resigned the whole raise sending the price to $ 1.16 where it is at this time losing important supports as the EMA-100 and the MA-50. The next important support is $ 1.15 and we must be alert to a possible breakout there to enter short to look again at the minimum of April. The technical indicators on this 1H chart point towards lower corrections and the stochastic is pointing downwards inside the overbought level.
IOTA/USD (Falling Wedge)Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade.
RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern.
Favourable Risk to Reward here
Entry: @ $1.68 - $1.61
Stop-Loss: @ -8%
TP1: @ $1.96,
TP2: @ $2.10,
TP3: @ $2.26,
If IOTA manages to break the pattern to the upside before getting filled, buying the breakout would give a lower Risk-to-Reward value, but I think it still would be a good trade to take. :D
IOTA Next move ???In chart 4h
Iota can a lot of percent will up with support XABCD PATTERN and MACD
We can see MACD of IOTA in Triangle Pattern Which will push IOTA pump any time
We can buy a fews and take profit
Buy zone : 20400 - 20800
Profit
(1) 21200
(2) 21800
(3) 22800
(4) 24000
Stoploss : 19900
Goodluck Everyone
Thanks
IOTA is still in down trend channelWe can see IOTA is still in down trend channel and head and shoulders target match major support lines, what a coincidence, it's just beautiful.
Fibo time zones is telling us to watch out on May 21st. something big could happen.
The low volumes make me think that price will cross down the neckline and we will see massive drop and panic.
I am ready to buy at the bottom of the channel, but you could short if you can, just wait for more confident neckline crossing.
IOTA Will U Up to go deep to the sea?Okay Now I will give my analysis about IOTA/USD on BITFINEX another fenomenal coin
In My Analysis iota seems like you can entry yeah i say again you can entry but dont hold it too long
just for swing
Here is i want to tell you the reason
1. Bearish Gartley
IOTA makes a good move and make a double bottom and reject to go more down but if this IOTA Up to the 0.786 Fib Retracement and 0.236 fib fan line will form a bearish gartley that make iota more cheap than now
2. Bearish Butterfly
Do you think IOTA can go up if IOTA can pass the 0.786 fib retracment?
See that IOTA makes another pattern yeah Bearish Butterfly will happen if IOTA can do something and go up in FIb 1.00
3. But We See Bull Divergence in Here
Bull Divergence
and i make a another fib retracement in fib IOTA/BTC if you want to see
The Target will same with IOTA/USD
So IOTA is good to buy but dont hold it too long cause 2 pattern above will happened anytime
Thanks for Visit
Syaerulid
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.
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
IOTUSD (D): Iota is out of the mud. > 2 > 4 > 8 USDVW has a remarkable cooperation with Iota. Bosch too. Bosch and VW are able to make IOTA to a standard in the automotive industry. IOTA broke the 300MA and is on the way to 200MA/100MA (green Circles). All of this could trigger a long upward trend. i'm long.
Targets:
Fibo 0.382 = 2.32 USD
Fibo 0.618 = 3.55 USD
Fibo 1 = 5.80 USD
Fibo 1.618 = 8.75 USD
Psychological barriers are 1, 2, 3, 4 and 5 USD.
Let's see what happens. Happy trading. :-)