IOTABTC trade ideas
iota/Btc 4000 sats????Iota/Btc has been taking a big beating in this bear market. Although its showing a 4.23 fibb ( if you dont know the importance of the 4.23 you need to look into it) I dont think it will sink that low since that will put it at 2000 sats but its always a possibility but its going to give everyone a great opportunity to get in for the next bull run. To Me it looks like it will bounce of the 3.618 fibb and thats where it will turn north which should put it at .14 cents in USD. Iota has always been one of My top coins and they have great future in the internet of things sector. As always dont rush into things and protect your crypto.
Im short on Iota in the short term sense but definitely long in the bigger scheme of things.
------If you have any coins that you would like Me to check out just leave the a message and I would be more than happy to check them out for you------
------If My charts have helped you and you are feeling generous-tips welcomed :) thanks------
Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8
Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV
Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF
Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8
Iota-XTFHKGXUVPTQXFKLWDILPIYASLUIMK9GIJOGXACLEIPIOJI9LVYPGWDYCREXZCEYZ9MZLJJXPYDMRWWTYOYRKBZCCW
IOTA opportunities explode with Electronic Gian Bosh partnershipOn 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 IOTA Data Marketplace.
IOTA Marketplace is where parties can trade (buy and sell) access to active data streams, through MAM (Masked Authenticated Messaging). MAM is often said to be like a radio, where Only who knows the radio frequency may reach the message. In MAM, only who knows the Channel Key can get access to the data. Also, users can “trust the source and integrity of data even though the identity of the source is masked”.
After Bosh announced about the partnership, IOTA has gained more than 5% over the Bitcoin, hitting 79k satoshis. Nevertheless, the growth has been short-lived and price currently stuck close the 200 Moving Average. The recently low at 76k satoshis could prove to play an important role in the short term price development. Daily close below that price, could send IOT/BTC down to the 72-74k support area, confirmed with Fibonacci retracement levels.
But, as long as daily close will remain above, IOT can be expected to move higher, especially considering the fact that the 78.6% Fibonacci resistance has been broken. The next upside target is seen at 84-85k satoshis area, which is 61.% Fibonacci.
Its worth mentioning that the RSI oscillator broke above the descending channel and found the support at the upper trend line, rejecting it recently. Considering these technical aspects as well as the huge partnership with Bosh, over the medium term price increase should be expected.
Having said that, probability that 74k satoshis support area will be re-tested should not be ignored. And finally, if 70k satoshis physiological support is broken, bullish outlook will become much less likely. In that case the downtrend continuation could be the most expected scenario.
Bullish divergence VS Descending triangleDescending triangles are a continuation pattern but we can see a hidden bullish divergence and it seems that iota is bottoming out and forming a possible triple bottom. it would be a fantastic trade. my strategy is buying at the dip. so i can see third bottoming out near 7000 satoshi level. so we have bullish divergence and simultaneously descending triangle so we should see a decreasing in price soon considering this bearish sentiment shadowing the whole crypto market. but it seems altcoins does not want to get lower, they are just want to take a sideway action.
So in simple words i suggest
-Buying at 7000 satoshi level
-putting a stop loss at 6740 satoshi and even a little bit lower (it's personal!) to avoid HFTs trick.
-and targeting to the moon ! i mean you know this is an altcoin and i advise you buy the dip and wait. Just wait. don't listen to anybody and don't listen to the worm inside your mind that always is telling you do something! the target is going to be more that ATH. just wait and take your profit few month later. and i know you wont listen to me! come back to me if you didn't and confess!
IOTBTC weekly chart bullish GartleyOn weekly chart since April 2018 the IOTBTC is falling, according to bitfinex stats the loss is almost 80 percent. Now the priceline has almost touched the bottom of a Gartley pattern which is made by the movement of price action of the coin, the RSI and stochastic are oversold.
Now there are much chances of huge breakout from the long position area.
The volume profile is also showing less interest of traders in the current zone.
Best of luck and regards,
Atif Akbar (Moon333)
IOTA Full Setup Next Target 61% !!IOTA on the Bottom Areas if You thinking to Take Position in IOTA then Given Below Some Levels,
Long - 7700 Target Will be First Target 8200 & second 11000.
if IOTA Cross The Resistance 8200 then You Can Long on the Support 8200 to Next Resistance Level 11000.
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Iota/Btc------is it ready??------Iota/Btc is it ready to get bullish or does it still have a bit lower to go? If the current support level at the 3.16 fibb breaks at next stop is the 4.23 fibb. The 4.23 fibb should hold since Iota is a great crypto and has beendoing a lot of work during this bear market. If Iota/btc hits the 4.23 then expect some bullishness to happen. Also if the current 3.618 fibb holds then also expect some bullishness to happen> I expect once the bears are defeated by the bulls in the whole crypto market for iota to come back pretty fierce and have some big percentage gains. As always patience is the key to success.
------If you have any coins that you would like Me to check out just leave the a message and I would be more than happy to check them out for you------
------If My charts have helped you and you are feeling generous-tips welcomed :) thanks------
Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8
Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV
Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF
Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8
Iota-CCEK9STGLUQVLYURAGGHGHSMKCAAAOKGUZYLNFJYHEHIQVQPVUXEJROHP9YCBDYEEGMZLGVBCGRWUDSJDWEBHGTRBB
Bullish Butterfly on IotaAlmost a perfect bullish butterfly on Iota, which means this can be a perfect oppoutunity to buy.
However Bulkowski says "...this pattern has such a high failure rate (14% as measured from the low at D)"
A good idea could be to wait and get in when there is upward movement from D.
Three setups as the price around 0.00057 is fibonacci level at 1.27 (0.000585)
Also Weekly MACD is almost about to cross (see in update)
IOTA sitting Silent slightly above Demand zone.Hey! I am back with another Technical analysis, this time looking at longer timeframe on IOTA.
Informative text.
If you are only curious about forecast, go to " Technicals " or " Conclusion"
IOTA has tested known demand zone in august and saw relatively quick 70% gain . But this still wasnt enough as Bitcoin was going pretty much sideways, and IOTA and every other coin has to obey and follow .
The thing is , if IOTA would breakout and see an 300% gain for example, and be at second ressistance point from above, IOTA would be worth only about 2$ per coin , without Bitcoin showing some green moves.
Buyers need to see an good uptrend certainity on Bitcoin for strong altcoins as Ripple, Ethereum and Iota for example to see parabolic or sharp uptrend moves.
This doesnt neccesary mean that Bitcoin has to break 20k level or higher for IOTA to see price above 6$ once again, but it would help a lot, all I am saying is that Bitcoin has to leave the demand zone of 5800-6000 area and continue gaining value to show alts their way.
If Bitcoin sees another crash to 5800 , alts will follow and very likely to see oversold crash bounce as IOTA seen once.
Technicals.
IOTA is showing once again that she likes this Demand zone .
Unsuccesfu l breakout and downtrend has been formed. After this downtrend is broken I expect to IOTA remain silent for about the same time as Bitcoin or show some sharper moves up when Bitcoin starts to move.
Low volume shows that an uptrend is first most likely to happen and after a while IOTA can see another Breakout .
MACD is showing clear trend , and its currently uptrending with MACD giving first week buy signal , still unclosed but on a good clear way.
RSI shows demand still above 30 even after such sellout, found some support and began uptrending , with ressistance getting close to support, sharp move may be ahead . (15-60% at least).
Conclusion.
Uptrend or an impulsive move most likely to happen. IOTA has good Fundamentals and there is no reason for IOTA price to not grow .
Use the ressistance levels as take profit zones , slightly below ressitance.
Thats al l from me, for now. If you agree with this Technical Analysis , consider leaving that " Agree Button " blue , as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
[MIOTABTC] IOTA Hits Bottom Time 4 Up [510% PP]Ranked on CoinMarketCap as one of the cryptocurrency with the biggest market capitalization, MIOTA is sitting at #13 in the Top20.
Let's start with the overview of the project.
MIOTA (IOTA) Overview
What is IOTA?
A permissionless distributed ledger for a new economy
An Open-Source Distributed Ledger
The first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.
MIOTA Trade Analysis
Let's start today with the daily chart, this is the chart that we will use for this analysis:
Our 2017 support has been touched, marked with yellow square... And trading volume had a massive increase after this support was touched, signaling interest for this altcoin at this price. MOITA starts to move.
MACD is now trending on the bullish side and RSI is coming out of oversold.
We are now trading above EMA10. With MIOTA consolidating for over 80 days, I believe it will move up next.
Let's trade.
MIOTA Trade Instructions
Buy in: 0.0000738 - 0.0000791
Targets for IOTABTC by Alan Masters:
(1) 0.0000921
(2) 0.0001061
(3) 0.0001191
(4) 0.0001291
Longer term
(1) 0.0000141
(2) 0.0000161
(3) 0.0000181
(4) 0.0000201
(5) 0.0000221
(6) 0.0000261
(7) 0.0000281
(8) 0.0000321
(9) 0.0000411
(10)0.0000471
Stop loss: Close daily candle below 0.0000672
Capital allocation: <10%.
WISHING BLESSINGS
Wishing you many blessings for today...
Namaste.
IOTA/BTC Opening two positions if everything goes well.This is just a test.
1st : sell on top and re-enter after breakout confirmation
2nd: buy more if it breaks out and set stop-loss at first entry point
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.