IOTUSD
IOTUSD - Two areas of interest to look out forIOTUSD 4H
As shown on the chart we have two strong areas of interest. The first one is the current price level, which is the weekly support (1.10-1.03) and the second one being the point of intersection of the daily support area and the ascending trendline (0.92-0.88).
The plan is to observe price action at the given levels and once we have a confirmation, price might be heading north targeting the projected target area of 1.67-1.87.
The target area will be refined once the next impulse has begun.
IOTUSD
IOTUSD perform bullish pennant, if this pattern break up and success break bullish confirmation line at 1.54737,
we have target at 2.12657
But if this pattern break down, prepare to buy at support at 0.77251
Good luck
IOTA Pulls Back, Bull Momentum ContinuesIOTA has pulled back from highs along with the other cryptos. It has pushed the upper bound of the Kovach Reversals Indicator, but eventually faced resistance and has since pulled back, finding support at the Fibonacci Fan level of 0.75.
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IOTA is the Strongest Altcoin ContenderIOTA has proven to be the strongest contender in Altcoin space as it blasts past highs, and leaving NEO and XRP in the dust. Currently, it's facing resistance at the Fibonacci Fan level, so some retracement is likely. Elliott Wave analysis shows we're likely completing Wave 3 of the impulse of a 5-3 Wave. this is the longest and strongest, so we could see more of a push, but some retracement should be expected soon. The massive bull momentum has been confirmed by both Kovach Momentum Indicators and the price has been at or above the upper bound of the Kovach Reversals Indicator for some time now.
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I´m not buying it.At least not now. I feel lucky that i went short 2 days ago on this one.
"IOTA holding back all their important news and will release it in december" .... supposedly... "moon" "i´ve red those statements in forums, chats...
Even during the live event they pointed out that "something" might or might not happen.. i think they just want to hype a little bit and spread the word. (which they can do as they want)
I could be wrong in every way and there will be news in the next couple weeks... but i think iota just started their new project in germany and it will take it´s time until they roll.
It´s just an idea. Good luck.
IOTUSD next IOTUSD next
it seems that the correction is over, and it is 50%.
and now a new wave, well, we buy and see how it goes before 1.6
Resistance and Support LinesAdded some support and resistance lines.
Added the downward en upward trend lines.
Good IOTA setup!Buy moments are when it breaks the little triangle.
Or at the green support line of the triangle.
IOTUSD retrecement the decisionIOTUSD is likely to retrace to 0.618 area. Then decision: down inside the kumo forming a bear trend, or higher maybe new ATH. Watch closely
IOT\USD aggressive IOTA runThere are going to published some great news on IOTA project in future days on 16 nov and on 20 nov.
So keep an eye on it. Any way project is great by itself.
What do you think will it break the resistance line over there on the top ?
IOTUSD retracement short, bounce longBull momentum in exaustion in 1h - 4h chart. possible corretion wirh target on 0.5 fib level coinciding with Kijun Sen.
IOTUSD - broke triangleIOTUSD - broke triangle. But volume is too small yet for good rise. I expect rise, but bottom possible too.
