Internet of Things will play a big role in the upcoming decade, the amount of mobile devices like smartphones/laptops/smart devices/sensors is increasing at rapid pace. Development countries are starting to connect to the internet as well and this huge network of devices is called the 'IoT'. IOTA, a powerful network to support upcoming new developments in this...
IOTA has seen a lot of activity in the last week priming it for a bull run. This bull run will also coincide with the likely news of additions to multiple exchanges(Binance all but confirmed, Bittrex/Shapeshift hopeful). If this news isn't released near bull call, it could take a couple more days and in that time period I expect more consolidation. Dumps result in...
IOTA had a good pennant running for a while, but BTC's massive rally caused quite the dump in IOTA. This provided an awesome opportunity for low entries with a likely bounce. With BTC being super volatile, i'd scale in/out appropriately.
Iota looks like it's struggling. Los Angeles 12:02 AM. Iota is currently Neutral. It has potential to break to 1.618 or drop if the price action falls below the cloud.
Hi all, This is an update to my previous chart that had some slight drafting inaccuracy. We are still within channel and on track despite the recent price spike. IOTA is forming a right triangle descending wedge . Minus the wicks, this forms an even horizontal support line at .82USD. When hinged with a 90-degree angle, the descending wedge forms. Rule of chart...
IOTA has some bad days in this bull run for ALTS. If it drop to 17-18K Level it can go back to +20K easily. But if you keep dropping after than 17K. For example if u see it at 165K. It is bad signal. You can still enter at 16K level but you should wait mid term to sell it on 20K. More last minute signals: twitter.com
IOTA is silently climbing to the dreaded 1 dollar resistance on its lowest uptrend channel, steadly. We may soon see some movement, if it manage to pass that resistance and move to the upward channels again. Good entry at .86 - .90. Resistances at .93, .96, .98, targets at 1.03, 1.08, 1.18, 1.28 up to 2 if momentum builds up.
IOTAUSD has strong support at the 0.80 level. Pattern suggests price rise by length of wedge up to 1.25, take profit at 1.25.
First chart here, please give any and all feedback/criticism! IOTA is forming a right triangle descending wedge . Minus the wicks, this forms an even horizontal support line at .82USD. When hinged with a 90-degree angle, the descending wedge forms. Rule of chart shows this as a continuation and would elude to a downward trend. Given IOTA's rapid growth, I am...
IOTBTC looks to be consolodating before taking a move higher. Fib extension c. 0.00034 Measure move target is 0.0004
I am a big fan of IOTA. With contrarian thinking and some luck it became my largest position in crypto right at the low five weeks ago. Now that prices are up sevenfold I am getting cautious. IOTA is moving fast and might form a bearish Head & Shoulder pattern here. I am not selling one single IOTA but have hedged my position and plan to aggressively buy...
Since the 11th, IOTA has seen higher momentum since ICO. Recent rally shows considerable support at the 0.618 extension level. If IOTA can push through the 1.105 ext level, then the next high will continue on the second trendline of higher highs, reaching a price of $1.30 USD.
IOTA set off on a trend line first of August and so far it has been following it without any deviations, even in today's dump. Seems like 1.6 could be reached in first half of September.