IOTA currently broke out from the consolidation inside the triangle with trending volume. Target: $7.00
Using peak as 1.0 and base as announcement price we see strong support the last few days. Price is consolidating since peak forming a pennant. Market is bullish right now. Height of pennant inline with 1.272 level if bullish breakout is confirmed. I'm saying breakout is confirmed if tomorrow's 1 day candlestick closes above 4.70.
If IOTA holds in the current fib lines we can hope for a strong resistance level to form with great potential upside of a breakout #hodl
The amount of novice trader panic buying at the all time high indicates a very strong resistance point at $5.5 as everyone is trapped there. A second resistance point is at $5.15 when we failed to break it on 12/6 and 12/8. A third resistance point is at $4.45 where we have successful passed and broke out on 12/7, but failed to breakout on 12/10. As of now we're...
Good afternoon traders! In my previous analysis (linked below) I identified a triangle pattern in IOTUSD H1. As you can see, price broke triangle pattern, and then, tested its new resistance line at 4.2. Now that the market correction has finished, price will keep moving forward throught its tendency line. Volume tendency supports current price...
Stop-Loss : 3$ Take-Profit1: 4$ Take-Profit2: 5.50$ Take-Profit3: 10$ // Long term
Broke the dotted trendline . Now moving in upwards channel.
With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being...
IOTA had an incredible run over the last weeks. I have been aggressively buying into weakness in September and October below 0.45$. Now it is about to reach the 3.618% Fib extension at 3.78$ and is getting overbought in the short-term. I´d recommend to take some profits off the table and put some limit buy orders between 1,50$ and 1,90$. As far as I can see the...
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet...
It is incredible, right? Yes it is. I will write something more incredible. My safe target is : 5.44$. Dont be suprized :)) It is the safe one. My crazy expectation of IOATA is 7$. Therefore, LONG LONG LONG
There are a lot of good news on the coin, therefore the trend in long should justify itself even with the purchase and hold mode. The best price to buy back is 1.90$. But actually as we noticed the correction on the 2.3 mark did not happen serious, for this we expect a fall to about 1.9 $ Those who hold the currency in LONG can already buy at the rate of 2.15 and...
Reffering to the Elliott wave theory, we asume that now IOTA's crypto currency is in the phase of the ( C ) - wave of growth (it's time to sell at 1.90$ and buyback on rollback) at 1.45$ dollas USD
Referring to the Elliott wave theory, we assume that now IOTA's crypto currency is in the phase of the 4th wave of growth (it's time to buy on rollback).