IOTA DOLLAR - STRONG 50% GAINS ON THE DAILYDAILY CROSS
ROOM TO GROW 50% TO TREND LINE
TRADE ACTIVE BITFINEX:IOTUSD
IOTUSD trade ideas
IOTAUSDOne hour timeframe. Ichimoku long signal and the formation of a cup and handle pattern. C&H normally respects the 1.272 Fibonacci level.
IOTUSD Unstoppable! Huge Breakout!!!IOTUSD Unstoppable! Huge Breakout!!! Bursts through Resistance... Target @0.2$ AND than BIG Resistance...
IOTA Bullish SignsHey Guys:
BINANCE:IOTAUSD is our next coin of discussion. I'm a big fan of their work.
Not only am I a big fan of their work, but I'm also a big fan of their W and 1D charts. Most of my ideas will be with a long-term mindset.
Please remember that these are just my opinions. I'm always open to discussion on the ideas and what I'm talking about.
Entry Point:
I'm slowly accumulating more and I'll be keeping that strategy. Just looking for good opportunities.
I think we're safe to buy until the ~$.80 b/c it'll face some resistance at $1.
I make this statement with two assumptions:
that the resistance faced September of 2018, which is marked with the red arrow, will not be an issue for us, and
The breakthrough of the 1 Fib level on the 1D chart will give us some challenges but we'll eventually overtake it.
If it can cleanly pass the $1 - $1.10, we're safe until around $1.35 - $1.40. It'll face some resistance at the 0.236 Fib level. Then we can just rinse and repeat those steps for each Fib ( How to use the Trend-Based Fib Extension ). I'll be updating the comments as this unfolds. It should be fun.
Target Points:
(1) 1.7
(2) 2.67
(3) 3.44
(4) 4.20 (nice)
(5) 5.28
Stop-Loss:
We'll have to wait to see if $0.20 can hold. If not, we'll turn this into a selling game.
Indicators:
Weekly
FIbonacci
The Trend-Based Fib Extension is used to guage potential support/resistance levels after we've gone through a correction of the previous trend. This is where the Price Points are taken from.
Moving Averages
Our 50-MA (blue) has had enough data to take its trend into consideration when making a purchase order. It's starting to smooth out its downtrend which could indicate a change of direction. We'll have to watch as this develops.
If the 20-EMA (orange) can hold above the 50-MA for a bit, we'd be in a good spot.
Sniper T3-CCI
Waiting for this to move above the line could be the conservative play here.
Volume
The sell volume seems to be getting smaller. Let's look for a spike one of these weeks to indicate some direction.
Candlesticks
I like using the Heikin Ashi candle to gauge trends.
Summary
There's a bunch of information here. But the most important thing is that we're thinking long-term. Well into and past next year. We'll update price points as this unfolds but for now, we're looking to lock in some profits between now and the ~$1.4 mark.
Good Luck!
-Matt
IOTUSD Breaking Downtrend Up To Resistance?!IOTUSD Breaking Downtrend Up To Resistance?! Seems like 0.1805 Fibonacci holds...
IOTUSD Breakout Successful... Hopefully Support Holds...IOTUSD Breakout Successful... Hopefully Support Holds... We suceessfully broke out of the symmetrical triangle to the upside (big bullish volume), bounced off the red support line (resistance) up to 0.19$ (peak 2x) and are currently trying to hold suport @0.1868$ - 0.1875$ (lower high). We need to hold support and bounce up to 0.1916$ (previous high) and break it!
Trend direction for now clear. #long #iotaWe're out of the triangle - tested, confirmed. Let's see if this continues to go up - a little bit of uncertainty in this area can cause volatility what in turn might push this one significantly above 200EMA.
Long.
IOTUSD Symmetrical Triangle Up Breaking Lower Highs?!IOTUSD Symmetrical Triangle Up Breaking Lower Highs?! Symmetrical Triangle breaking out soon.
IOTUSD Bounce Off Support Line AND Entering Resistance ZoneIOTUSD Bounce Off Support Line AND Entering Resistance Zone... hopefully we will not get rejected @Resistance and break below the support line :D
IOTA Price For Strong Bullish The overall market conditions are showing recovery signs as BTC surged above the price level of $7.9k again with ethereum crossing the major level of $200.
During the price recovery, IOTA also managed to avoid downfall below the major support level of $0.15.
It is having a significant overall gain of 4.81%.
IOTUSD Up To BIG Resistance Zone OR Bounce From 0.1761$?!IOTUSD Up To BIG Resistance Zone OR Bounce From 0.1761$?! We are currently in an uptrend channel and I think we will break the resistance @0.2$ pretty easily... a breakout from the uptrend channel is possible. What's also possible is that we will continue moving in the channel and than see a breakout to the upside (@0.2$) and a correction (bounce) @0.1761$ up to a big resistance zone @~0.22$- ~0.245$ should be considered as well. Eather way a further upward trend to the big resistance zone is very likely (BTC doing well atm. :) ).
IOTA's Stairway to HeavenIota like a little chad broke out from its bullish pennant and is now travelling towards the moon in this ascending channel. I am not trading this but it will be a fun watch. Iota never stays too far behind XRP and I guess now is the time to make some gains before BTC decides what it wants.
IOTA simple Long trade set upIOTA is done through the accumulation period and probably is going for a spring and breakout. Watchout all the alts aswell. Its happening all over.
IOTUSD Descending Triangle Down To 0.11$?!IOTUSD Descending Triangle Down To 0.11$?! Descending Triangle forming watch out!
IOTUSD Bounce From 0.15$ OR Further Down To 0.11$?!IOTUSD Bounce From 0.15$ OR Further Down To 0.11$?! MACD no confirmation YET! Will we go above zero OR go back down and confirm bearish trend?! Let's see...
