IOTAUSDIOTA changed is mind from going to zero to recovering.
Did the big boys manipulate that market so hard, that they can start a new cycle for themselves?
IOTAUSD trade ideas
#IOTAUSD 5/19#IOTAUSD
Buy between 0.367/0.33
Targets
0.41
0.48
0.60
0.75
Hold
Stop_loss:Close below 0.314 4H
Risk (Average 10%)
Invest:3%
we ask Allah reconcile and repay
IOTA dead or will the Jaguar (Land Rover) roar back to life?IOTA eyes 2x gains with potentially more to follow.
Technicals
IOTA down 90% + in brutal bear market.
USD chart looks to be in deep accumulation range $0.2 - $0.4.
BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
Fundamentals
Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
Internet of Things (IOT) space set for huge growth.
IOTA had a lot of hype 2 years ago and rose to great heights in flurry speculation.
Since falling it seems to have found a base vs USD and is ranging in a ranging zone.
Expecting a bounce, if IOTA is able to blast through all major daily moving averages it should reach around 8000 sats / 52.5 cents for up to 100% gains.
If the crypto market remains bullish continuation would target 13000 sats / $1.
Possible plays:
1. Buy in the accumulation zone (aggressive)
2. Buy a daily close above $0.325 (200d EMA) (moderate)
3. Buy a breakout on decent volume of the accumulation zone at $0.40 (conservative)
IOTA it trying to break upwardsIOTA is building momentum to push higher. Currently at RSI resitance. A breakout above that RSI level would bring price to $1.07 dollars. 100 DMA will not offer much resistance as the momentum is strong. Sell at resistance and buy back lower. If you are short and IOTA breaks above 1.2 then target would shift towards $1.55 (50 week MA) to $1.65 (23.6 retracement).
Iota is not bullish yetI will turn bullish if $IOTA can climb over 0.4$
Fomo after the news is gone, i dont think we will get there very fast.
Long IOTA on BitfinexHi guys. This is my first chart that I'm posting, I'm longing IOTA on Bitfinex, I believe this is the 5th wave we are forming. Invalidation is under the E corrective wave. Good luck and thank you for watching my first TA.
Iota might be doing a triangle in the 4th wave based on the time that correction took looks like we going for triangle that might be ending in about 6 hours or so
the key in that triangle is not to pass B wave or c wave before we end that triangle
so excited and waiting for that fifth wave break
IOTA is ready after one more push down to finish wave 4 if this is diagonal we need one more push down to finish this correction then iota will be back on track
IOTAUSD TO FINISH WXY LONG CORRECTIONHi guys,
here s my update on IOTAUSD pair. I am following this pair for 1.5 years, day trading in and out but for this play I have large amount of my capital ready to buy IOTA in 99 scaled laddered orders once and if we brake 0.20$.
Most of wave 3s in this correction dropped down by 60% so its logical to assume if we see a brake of 0.2$ we will look for a support as a temporary relief rally somewhere around 0.15$.
I would not be surprised to see an ending 5th wave diagonal to finish the Y pattern.
Best of good luck.
This is not financial advice just my view what could happen.
IOTA falling below weekly support against USD
After breaking the strong down trending resistance line, which started in late 2017, i expected IOTA to start climbing higher again.
That wasn't the case and an ascending triangle was formed.
On the weekly it looks like it is breaking out. It could go up again into the triangle and no dump occurs,
but if it stays / closes below the resistance line, a fall to the first levels i marked seems likely.
Getting all the way down to 0.105 cents is a bit unrealistic, but theoretically the textbook target of an ascending triangle.
Lets see if the price can get above the resistance again, if not, a fall is very likely.
Price Action Analysis of a potencial bottom for IOTA/USDHello!
Keeping journals of our current market conditions for posterity. Exciting times!
Cheers!
Crazy Iota PASD StudyHaving some fun so don't take it too seriously and just remember that we're in a bottom if IOTA keeps it together. Good R:R long term.
*Not Financial Advice*
Cheers
*My trading focuses on Supply and Demand Trading with Price action. Trendlines are a visual aid. They are not magic lines where the price follows so don't fall for the fake gurus. Study price action.*
