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).
probably jumped the gun - odds for a 2nd position on W bottom will be considered over the next 5 days
Hey guys, as you have seen on my previous IOTA forecasts my bias has been quite bullish BUT - the current price action might be indicating that IOTUSD might start a 50% correction, completing wave C. In the mid to long-term I'm still VERY bullish on IOTA. The price action speaks for itself. Furthermore, Bitcoin Futures will launch probably on 10th of December and...
IOTA/USD formed a big symmetrical triangle after its rally. It's currently going towards the end of this triangle and we can expect a breakout soon. At the moment the price is in a sideways movement. This is another sign that a breakout will happen soon. It is difficult to say if the breakout will occur on the up- or downside. This will likely depend on what news...
Simple support/resistance and trend lines for IOTA. If Bitcoin rallies from futures, I'd expect IOTA to break the resistance levels defined. IOTA seems to trend with Bitcoin (many others have suggested this as well). I will be increasing my position on the support line and keeping a close eye.
This is just for fun.. one of my first posts. Simple down-trend channel and waiting for the reversal. I'd like to see it break ~$3.50 support and head to $3.00 for a possible buy. I'll be on watch around 9:30am EST. I'd also like to see a larger ascending triangle start to form if we get a bounce at the first support.
With around 65% of the whole market ruled by BTC, is www.flippening.watch still relevant ? I think that most of ETH cap will be sucked to pump IOTA the real concurrent...ETH was 45 billion few days ago, today almost 40... As soon as people will realize that blockchain maybe can't be used for a daily payment system, they will move towards new ideas and concept....
IOTUSD 15min Hey guys, the current downleg on smaller timeframes might be the last one within the corrective structure. Once price has hit the potential buy zone, I will look for logical signs that the corrective structure has come to an end. If price will break out earlier, I will wait for further confirmation before buying. Once confirmed, price might head...
Facts: Global M1 money supply is 25 Trillion USD. M1 money supply is defined as Cash and equivalents, i.e. currency which is free and instant to transact. Iota is the only crypto currency which is free and instant to transact. Iota is therefore the only crypto currency eligible to be categorised as M1 money supply and is eligible to compete for a piece of this...
STOP-LOSS : 0.87$ Take-Profit1: 0.95$ Take - Profit 2 : 1.10$ Take-Profit 3: 1.50$ // long term Good luck folks
This butterfly is indicating a bearish trend likely down to the fib 618 (.53294) support. Where it will likely meet with 144MA and bounce.
The profits retracements feels like a interesting entry point. In for the long term, with little partial profit taking in the meantime. My opinion though, only invest what you can afford.
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...
After Iota hit my hard resistance line and tanked, I looked at its long-trend history and noticed a pattern--each peak has been generally followed by a steep decline and then a rise to a new high. Within the coming week or even days I expect another uptrend here. However, the disappointing news about Bitfinex and the movement towards mainstream adaptation of...
A little speculation here, but since Iota hit my hard resistance and tanked, it's looking more and more like this has been a reoccurring theme throughout its short exchange life. Check out the peaks followed by a steep fall then reaching new highs. This is telling me that in a matter of days Iota should be on its way back up the ladder. However, the news about...
IOTA made a nice channel run. It made 200% in 10 days . Steadily pushing upward, not many brakes. If we didn't manage to get in during the light pullbacks or if we tried to short the market we proly had a hard time watching it from distance. Now we can see a possibility to enter the market if the price come any close to the lower trend line. We can see...
Wow! IOTBTC has been ultra bullish for days. There were short periods of selling but it didn't really drive the prices down. This can be attributed to a lack of price manipulation and also IOTA's fundamentals. It's the future of blockchain technology. So, nobody's selling, right? Would you sell if you know that this is the future of all blockchain? NO! Hence, the...