Guys, IOTAETH just hit a very tight zone where price took off from just days prior. Expect a sharp rise in price and a quick pop of up to 20% with a tight loss on the underside of it.
We have a meeting of the 7, 21, and 77 on a 33min chart, are we ready to rumble?
Mark up Phase Re-Accumulation Wait for Break out EP 0.0033688 TP 0.0041744 SL 0.00274867
I think that IOTAETH found a good support at 50% Fibonacci level, also 50EMA is going to cross 200EMA, which is strong bullish signal. We can make some purchases at this levels (0.0028-0.0030). Profit targets can be placed at 0.005 (70% of position) and 0.0067 levels (20-30% of position).
This was a practice in long term projection. After being confounded by the count and short term behaviour of IOTA, I took a step back and looked at the whole daily chart. The main Cycle travelled a very far distance over 2 months in late 2017, and was denoted "Cycle 1". This means after 4 months of correction, Cycle 2 has begun, with Wave 1 (of Wave 1) having...
After a sharp increase, the asset demonstrates consolidation ahead of a possible impulse continuation of growth. Anchoring over an inclined resistance is a signal to buy
Just found out this potential - 'Bearish Butterfly' on a 15-minute chart. I have checked on 1-Hour chart- looked OK and in a 15-minute chart it looks more convincing. I will be greateful if someone can give me suggestions- how to improve my charting skills!
IOTA is off and running. Enter .0026547-.002724. IOTA has a lot of room to grow here especially once it passes the next horizontal resistance. I will do a chart on that later, but again here is where to get in. Large buy orders on binance currently start at .00269.
iotaeth BO on H1 confirmed again and cross 20 50 ema daily too... waiting for a little of retracement (maybe pivot h1) and long iotabtc and iotaeth next years... Happy trading!
Watching some fibb levels and a formation of an ascending triangle pattern. Will look for the breakout and for potential sell targets at "profit 1" and "profit 2".
In my previous post I described the possibility of entering in iota on the 32.8% retracement. The static support did not stand, but eventually was reached again in these days (red arrow). The negative trend line coming from january has now been broken; new supporting price zones can now be at the current price, (black arrow), or better at the 32.8% new FIBO...
Hey Guys, Keep an eye on IOTA/ETH. It is bargain time! I think that you are smart enough to judge the trend, even if I do not draw any artworks today. To make it short and sweet: If you look at the Indicators ( 4hour Chart) you can see from the MACD and the RSI that the price is correlating with the current BTC descent and it will fall even further as long as...
Lately I have monitored the recovery of IOTA from the beginning of february. We may are at a turning point. The price has made a triangle facing the negative trend line coming from the start of January. The volumes are decreasing with sudden increases on the positive spikes. The price has found support on a critical precedent resistance (the arrow points it) which...
IOTA/ETH is descending right now at this very moment A quick application of what I just learnt - Correction Wave and Fibonacci levels in Elliot Wave Theory. I hope to get it right
Reversal signal, looking to long this puppy today. BTC is looking great Happy Day trading