On the weekly timeframe we have a nice double Jesus Reversal Doji. The entire cryptospace was very toxic in the last year with its greed - a deadly sin. Many people who were in nice gains (including me) wanted still more more profit and their greed was growing parabolically with the price of BTC and other cryptos. God has warned us with this crypto crash and many...
IOTUSD is going to test the lines. Now inside the bearish flag.
Hello my dear IOTA traders, hope you're fine guys! :) In this video, I'm showing to you how I played the equilibrium break with IOTA, and why oversold conditions are crucial on breaks. Have fun watchgin! ;) If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good...
The first curve shaped support held for IOTA and the 4H Channel Down broke sideways on neutral RSI = 47.802, STOCH = 50.707, ADX = 24.263, Highs/Lows = 0. With such a low pace (MACD = -0.104, Highs/Lows = 0, B/BP = -0.0521), the 1D Channel Down (RSI = 37.278) is limited to a 0.6700 Lower High maximum extension. As long as this holds, we will remain short on...
Hello my dear IOTA traders, hope you're doing fine guys! ;) IOTA is right now in an equilibrium between the ranges of 0.48 & 0.55 -a break here will be coming to the up or downside, highly depending on if grandpa Bitcoin can break its neckline at 6.5-6.600. => Awesome trading oppurtunity, if you can play in both directions. Have fun watching! :) If you had...
IOTA is forming an upwards trend with significant touches. At the moment is struggling to cross it because it has not bounced back up as normal. However, the current wave in crypto looks favorable and there are signs of strength. In this regard, we can expect both a cross down and a bounce up.
Hello my dear IOTA traders & hodlers, IOTA reached 40 Cents, almost the same lows before the December parabolic moves: A reaction from the bulls here is very normal & healthy. Depending on grandpa Bitcoin, we could still see some upward potential to 66 Cents. If Bitcoin cannot break the neckline, obviously we have downward potential up to 35 Cents at least. I...
As expected 4H formed a Channel Down that has now found support (RSI = 48.008) near the projected first curve shape as it approached the November 02, 2017 low. 1D is now on a critical short term level where if today's 4H Lower High breaks then the price will most likely rise within the 1D Channel Down (RSI = 30.058, MACD = -0.139, Highs/Lows = -0.0860, B/BP =...
The chart might look messy, but take your time to go through it and notice the obvious similarities. Volume profile looks almost identical. If volume won't pick up in the next few days, probabilities for another down move are high. Volume should drop because of the weekend, making this scenario the most probable outcome for now. I expect sideways movement with a...
Hey, Here is where IOTA is currently sitting.... At crucial support. All my scenarios on the chart. All the Best from the Crypto Space Alteroc
Both TP = 0.7947 and 0.6704 (Nov 24, 2017 contact point) have been hit as IOTA followed our bearish break-out signal on the previous report, was rejected again on the 1.0195 Resistance and eventually made a new 1D low at 0.6000. We expect a new 4H Channel Down to emerge (RSI = 28.620, MACD = -0.069, Highs/Lows = -0.0378, B/BP = -0.1041) that will drive the price...
Hello dear IOTA traders, hope you're doing fine guys! :) Since the break out from the big descending triangle, we have made 30% to the downside -congratulations to everyone who played this! If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! About myself: Global citizen &...
Oversold divergence, am going long with target of 1-3% GLHF
Dear IOTA friends, hope you're doing fine! :) As you know guys, we had the huge break out the descending triangle, before shooting up to the upside again: This gives a nice equilibrium for the market, which is now playing out. Have fun watching! :) If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing...
Technical 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 39. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the resistance...
Technical 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 39. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the resistance...