IOTA/USDT NEW INCREASE PossibilityIOTA/USDT NEW INCREASE Possibility
Data shows that IOTA can show new volume coming time frames.
Iota-trend
One Trillion Market CapI've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar mark by at least the end of 2018, if not earlier. The Crypto players that will be a part of this will involve a handful picked out from the top 20. 2018 will not only bring new dollars into the arena, but will also separate the good coin from the bad. Something has to give in regards to having a couple of thousand coins...mostly fluff coins with no apparent reason to exist other than to scam and tarnish the good products here. The former big three (BTC, ETH, LTC) will still be around, along with some new comers such as XRP, MON, IOTA...however, in what capacity they contribute to that trillion dollar market cap will be the interesting thing to watch as 2018 progresses. Happy trading!
IOTA double top reversal!?With BTC being still very bearish we might see IOTA going for another bottom via double top reversal. What do you guys think?
Iota shortsTargets
1- 0.00020415
2- 0.00018926
3- 0.00017225
Bearish big trend. Positional trade, which takes time.
Iota and BTC confusionThe market is giving us mixed signals. For example. IOTA has formed a head and shoulders pattern which for many is reason enough to sell off IOTA. Although the expanding diagonal pattern within, indicates that sellers are not so sure
and buyers are not yet ready. A break of resistance may give us a very nice short term rally.
While looking at BTC. We see a bullish pattern that should give us some confidence to buy btc in the short term, and the likelihood that IOTA will reverse while giving us a 'fake' break of support to rally along with BTC.
BTC on a larger scale again here is giving us a larger H&S pattern. Which of course is bearish.
What a shambles! A short term bull run likely on breakout for both. Positive news will be everywhere. Waiting is key.
IOTA/BTC LONG IOTA SEE GOOD AT ZONE SUPPORT 0.00024-0.000245sat .
BUY new here : 0.0002450sat
sell 1st : 0.000330sat
sell 2st : 0.000360sat
sell 3st : 0.000460sat
Just cents from historic landmark 0.618This is just beginning, if you did not start to enter the previous calls (previous ideas) I think now the best opportunity to enter is to wait for the setback that you should have after getting the 0.618
watch 18000 level if it breaks out - good opportunity for 25% stop loss 5% take profit 25% risk-reward ratio 5
just if it breaks out!
IOTA Finally Woke UpFinally we have something to cheer about. Notice I am not using any MA/EMA on this chart for now. I am only able to use 4 indicators. What I see is a bullish reversal. One of the best trend reversal indicators is the Aroon. We are at the limit on the 4H. Aroon up finally crossed Aroon down on the daily chart. MACD on the daily is crossing into bullish territory as well. Volume has been on increase since mid March with a slight decline in volume and consolidation in April. THe trend lines I have drawn were started weeks ago except the last red trend line. We have broken the most recent red trend line and above the green trend line. We have strong resistance at 17500 sats. Key support is 14000 sats. The black curvedline indicates a cup pattern while the blue curved line is a potential larger cup.
An IOTA Bargain! See how this week closes, maybe a bounce from trend line. Look for some bullish price action on the daily come Monday and buy buy buy!
Short tf (4hr tf) analysis of IOTA..bull move The downtrend line in IOTA that started from price high of $5.80 made on Dec. 19, 2017 to a price low of $1.20 (Feb. 6 2018) is shown on the chart. Currently, price action has successfully broken the downtrend line and managed to stay above it. This argues for a bullish bias in IOTA.
Besides, I have also used a curve on the chart to show the bottom action of price in IOTA. It currently also looks like IOTA is forming an inverted, complex Head and shoulder pattern (or a complex Head and shoulder bottom).It is NOT yet a complex inverted H&S pattern yet. Price MUST close above the pink line (~$2.17) for the inverted complex H&S to be confirmed.
Possible target area for the trade is shown between $4.02 and $4.23. A quick deep in price to about the $1.85 area would be a great target to get into the trade. Price moving back below the downtrend line would make me reconsider my bullish thesis for IOTA and I would look to exiting the trade or drastically cutting the size of my position.
POI = point at which the trade is no longer valid = Close of price below the low made on Feb 6 2018 = ~$1.20
Using $1.85 as my trade entry point and $1.20 as the POI, risk - $0.65
Reward = Potential Profit = $4.02 – $1.85 = $2.17
Risk/reward ratio = ~3.4
Iota, Which Way Will It Go?Is Iota about to drop closer to the EMA 50? Or will it rise? It's always hard to tell which way an expansion is going to grow. Ichi moku cloud (not shown here) recently had a TK cross predicting a bearish trend (depending on input selection)
IOTA did it again and bounced bullishly from my TL YEY!IOTA did it again and bounced bullishly from my TL YEY! What do you think, will it keep going up? My personal opinion, IOTA being an IOT based invention is a powerful technology and Tangle which people consider as next-gen blockchain is a powerful on its own, I personally think IOTA will continue up... its my only opinion, I am not an financial advisor.
How to trade IOTA? I am using the Binance Exchange which is one of the larger crypto exchanges with over 2 million users (per their statement).
You can use my partner link and get 50% OFF on all exchange fees for a complete, full month:
Binance.com Exchange Partner Link
