I like how IOTA is hanging in there above the resistance level. The longer it stays up there, I believe we will be looking for a Green 13 completing a TD Sell Countdown. I would also look for another bull run recycling the current Countdown. That being said... a small pull back to the middle BB Band would be normal and healthy for a next leg up.
do the research and love the coin!
After the positive breakout from my previous analysis (see related idea below) IOT is ready for a brief correction before continuing the bull run. At the moment we have bearish divergence on all the indicators 1. PPO divergence 2. Stoch struggling to point upwards 3. RSI divergence 4. MACD is bearish 5. CCI divergence A triangle structure has formed confirmed...
Tom Demark count gave a red 2 on the daily chart. This is a clear bearish signal. Price will drop up to 7 more days. Price might drop till Fibonacci 0.618 - 0.58420 USD before recovery. Here is my trading idea: Short at: 0.77 Take profit: 0.60 Stop loss: 0.95
STOP-LOSS : 0.87$ Take-Profit1: 0.95$ Take - Profit 2 : 1.10$ Take-Profit 3: 1.50$ // long term Good luck folks
20th november IOTA will be listed on OKEx and there will be a live show with announcements.
Stop-loss: 0.39$ Take-Profit1: 0:60$ Take-Profit2: 1$ Take-Profit3: 10$ // Long-Term Good luck fellows!
"IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the...
IOTA has been going through a steep correction over the last two and a half months. A clear downtrend channel has emerged. Yet my buying zone between 0.35 - 0.50 USD has been holding so far and I assume that we are in a basing pattern here. The positive divergence in the stochastic points to a bullish breakout and higher prices.
IOTA is possibly on the verge of a breakout with decent potential upside based on varying levels of resistance, could fly if the volume is there... Could continue down channel also - I will be waiting for breakout confirmation rather than taking any risks.
IOTA apparently touched bottom at $0.33, after that started a set of 5 impulsive waves to almost $0.5. The correction is taking place, and it's looking like a very prominent Bullish Flag. Prices might start an impulse right now breaking with impetus the resistance it is sitting on right now. In my opinion, the correction is not done, a final wave down could get...
We are long IOTA after today's breakout to the upside. It was flirting with the important S/R zone for the last 3 or 4 months. We believe the move will bring it all the back up to 77-80c level. Please put in your stops or watch it actively. Good luck and stay disciplined!
IOTA seems to be building a base here.. My buying orders between 0.50 and 0.35 USD have been mostly executed and I expect IOTA to test the downtrend channel around 0.52 USD rather soon. If it breaks out the 50MA (0.57 USD) and the upper Bollinger Band (0.64 USD) are the next targets... Only below 0.37 USD the correction could intensify one more time. BUY below...
IOTA is forming what it looks like an Ascending Right Triangle with a minimum target of $0.52 It first needs to complete an ABCDE Triangle, A and B are done, i marked a possible path for the price. There might be a bullish wick before the impulse, probably at the end of E. Let's see how it plays.
Here i present my primary count for IOTA! Looks like a textbook double zig-zag. Apparently we are completing the 4th wave of C so the fifth will complete the WXY pattern. A prominent H&S pattern could mark us the end of C, being a great entrance for this crypto. Wish you great profits!