IOTA is looking slightly bullish on the daily timeframe as it is about to break out of the triangle. Not to mention, bulls did an amazing job defending the daily MACD cross right at the zero mark. On the weekly timeframe, we can see the RSI making a potential inverse head and shoulders pattern. Similar to every inverse head and shoulders pattern, we must wait...
IOTUSD / IOTAUSD Price is narrowing, the volatility subsides before the storm. The question of which way the blow would be would not have taken a decision in the medium term. There is a chance to pass at least 38-50% Fibo on the chart upwards. You also need to consider that we are in a falling trend and the opportunity to go down below 20 cents is very large....
Midterm forecast: While the price is above the support 0.2045, beginning of uptrend is expected. We make sure when the resistance at 0.4015 breaks. If the support at 0.2045 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI bounced from the downtrend #1 and it prevented price from more gains. A trough is...
Technical analysis: . IOTA/US 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 45. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2610 to 0.2045). if so, traders can set orders based on Price...
Pattern: 1W Channel Down. Signal: Bullish if the 0.4100 Resistance breaks. Target: 0.9100.
After the candlestick fixation of the model "flag" abroad, buy with a target of 0.032.
IOTA the waves look clear the 5 of 1 wave is ahead of us later 2 of 1, so I want to catch the short;) and 3 of 3 !
normally we could expect a fibu retracement up to 0.5, then that would be a very good buying option. isn' it? Let's see what happens. Happy trading. :-)
The 6 hour time frame is investigated in today’s Iota price analysis. Switching from an arithmetic scale to a logarithmic scale helps to make chart patterns clearer, which is also the case for IOTA. Over 12 months of price action is captured in this analysis using a bearish price channel. The main bearish channel (upper green line and blue dotted line) even...
IOTA cryptocurrency long vs US$.
TP = 0.3200 hit as the 1W Channel Down (RSI = 34.160, MACD = -0.306, Highs/Lows = -0.1732) made a new bearish leg nearly making a new Lower Low at 0.2450. Based on this channel and the Lower Low support (dashed line) we will pursue our final TP = 0.1495, which is projected to be accomplished near the end of January. However due to the highly probable scenario that...
IOTUSD Excellent investment opportunity The price is near the support line of the downward channel . The fall cycle ends.
On the November 12, engineering and electronics manufacturer Bosch, has announced about the partnership with IOTA. Here is the actual tweet: twitter.com Bosh is a leading enterprise in regards to the research and development of technology designed for Internet Of Things (IoT). Currently Bosh is integrating its new data collection IoT device with the decentralized...
Hey traders! I'm looking at this short trade as we continue to trade below the EMA50. Some very interesting market structure here, and we can see a potential breakdown of this descending triangle. ***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the...
IOTUSD After such a fall There should be a rollback to the nearest resistance zone
Welcome back crypto friends! In Part 2 I give you specific examples with IOTA & Ripple, which show perfectly how Blockchain technology is getting used right now in the real world, and which is also to reason not to panic right now. Was there a hype? -Definitely. Is Bitcoin or Cryptot now dead? -No way. Have fun watching! ;)