


zorino
On the weekly timeframe we have a nice double Jesus Reversal Doji. The entire cryptospace was very toxic in the last year with its greed - a deadly sin. Many people who were in nice gains (including me) wanted still more more profit and their greed was growing parabolically with the price of BTC and other cryptos. God has warned us with this crypto crash and many...
IOTA is moving inside a triangle which is formed by a strong support but at the same time a very strong resistance (coming from ATH) is crossing down the triangle. Daily Stoch RSI points down. RSI turned down. MACD neutral but might turn downward soon. In case IOTA breaks the support it might still continue to decline to ≈ 0.79$ level and there it will touch the...
Iota is in a good buy set up. MACD and RSI rising on daily to a positive bullish territory. It all depends on if we can hold our trend line which holds from November 2017 on a linear scale. (the 1 year long support on logarithmic scale was broken a day ago, but let's watch now the linear scale since it seems that IOTA follows more this type of scale since...
I would like to offer you my comprehensive view on IOTA: Starting with fundamental analysis: The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Currently it is in Beta, not trading on many exchanges yet...
The resistance line line is forming together with the uptrend line a Symmetrical Triangle. Watch closely for the price action near the resistance line. When broken, then the first target is around 7.2 $. (at 1,618 fib retracement).
Ethereum broke the resistance line of the descending triangle . RSI and MACD confirm the price growth Target 498$
The pattern is complete when the price breaks out of the triangle - look for an increase in volume in the direction of the breakout. 1st Target 13.6$ before the end of the year 2017 then correction to 9$ level after the correction 2nd Target 18 $
We have a nice ascending triangle pattern on the 4h chart. RSI and MACD confirm a price reversal. If the price can break through the 0.25$ level our target will be 0.3$.