IOTUSD
Bullish Pennant Primes IOTA for epic runIOTA has seen a lot of activity in the last week priming it for a bull run. This bull run will also coincide with the likely news of additions to multiple exchanges(Binance all but confirmed, Bittrex/Shapeshift hopeful). If this news isn't released near bull call, it could take a couple more days and in that time period I expect more consolidation. Dumps result in a near immediate recovery with this coin as the support is extremely strong despite its relatively low volume.
IOTA is available as IOT on Bitfinex.
Full disclosure: I hold IOTA in my portfolio.
#IOTUSD Long term Bull. Short term decisions.IOT appears to have one of the most unique implementations within the crypto space with a completely different approach to chain management (the Tangle). From a technical standpoint I can see long term success in this along with the removal of "mining" requirement (mining is done on submission to the chain, each client does 2 computations for 1 instruction). This opens the doorway for Machine-2-Machine implementations quite effectively.
Near term, there appears to be a pennant forming with the 38.2% fib retrace holding strong so far. RSI is still being suppressed and willy21 is inconclusive.
IOTUSD price dump DOWNI see the opportunity to sell IOTUSD
2 days ago my analysis of this pair gone wrong as some big player intent to dump the price sometimes
so now we change the point of view
This IOTUSD is in down mode , pretty much selection way which is down
I would say
Target at 0.791
Enjoy trading
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IOTUSD is going UPI see the opportunity to BUY IOTUSD
it is going up
I think it just finish making short term support
I think the target is 1.01
it is probably hit the target soon maybe 1 or 2 days
If you like my signal or analysis please help to follow and like
Enjoy trading
IOTA Buy SignalThe price broke the resistance line of a symmetrical triangle. It's a signal that the market is going to move upward. We have a buy opportunity. Pending orders should be placed above the kumo at 0.942000 level. Stop orders must be placed below 0.800000 support level. The main profit target is 1.100000 resistance level. Also a part of long positions can be left for long run.
IOTA Slow ClimbIOTA is silently climbing to the dreaded 1 dollar resistance on its lowest uptrend channel, steadly. We may soon see some movement, if it manage to pass that resistance and move to the upward channels again.
Good entry at .86 - .90. Resistances at .93, .96, .98, targets at 1.03, 1.08, 1.18, 1.28 up to 2 if momentum builds up.
IOTUSD Double BottomIf we look at the 1H chart, we'll see a double bottom chart pattern. It belongs to a reversal group of chart patterns. If the market bounces from the uptrend line and 0.80000 support level, we'll have to wait for a price breakout above the local swing high. It will be a confirmation of the double bottom pattern and further upward movement. Pending orders for buy should be placed at 0.92000 level. Stop orders must be below 0.758000 level. Profit targets are at 1.0000 and 1.10000 resistance levels. Also the part of trading volume can be left for long run.
IOTUSD 1H CHART IOTA MARKET CONDITIONSIOTUSD pair, is currently showing signs of a trend change, which could be a bearish reversal or range conditions.
On the last two peaks, bearish divergence is not as strong as the first pair.
Still, market is moving within a bullish channel.
Resistance lines from previous swings are shown in red.
MA20 and MA50 are almost crossing, showing signs of an imminent trend reversal, but still not confirmed.
A break of the 0.437 level could lead to the next resistance level.
WNZ
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IOTUSD 3H CHART IOTA ENTRY LEVELSIn the last post, a symmetric triangle was identified, after resistance break an immediate target was achieved, at next major resistance.
However, this resistance zone was not pose any resistance at all, so we could see a price rally to higher levels, and DMI confirms it. RSI and Stochastic (not shown) look overbought.
Market is currently struggling at the 0.786 Fibonacci Extension level. This could be a new entry level if broken towards the next resistance level at 1 Fibonacci Extension.
Next major resistance zone begins near $0.57. It seems unlikely to reach this level short term.
Trades could be opened right now at a 1.79 Risk/Reward ratio or even better, wait for a short term reversal and entry after uptrend is confirmed again. This would increase the Risk/Reward ratio.
IOTAIOTA channel should bounce back up to .28 now. However BTC is struggling and will overpower the trend if it falls.
Trade safely my friends.
IOT - USD IOTA a line in empty space.I know nothing, just like this line...
thanks
And please, look at somebody's old ideas before you follow. Lots of sun seekers and copycats that agree on everything.
