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Iotausd

IOTA - Large scale potential Hi guys, this is my first IoT trade idea. I would be looking to make a long position as the price has broken above the descending triangle formed in early May 18' and looks as if it is currently re-testing this trend-line. The previous market high was $5.8 - the current price is 94% lower than that at $0.504. This presents a rather lucrative trade. The Internet of Things market is predicted to consist of 26 billion units by 2020 - up from 0.9 billion units in 2009. According to researchers, this would generate 14.4 trillion in value; combination of increased revenues and decreased costs dispersed among companies by 2022. I have not done enough research into this project to have confidence to invest myself or to advise any others to invest, but the sheer numbers of the potential IoT market should be incentive enough to encourage you to have a look into the prospects of this platform. Losses can exceed initial deposits when trading in the various asset classes. You can manage your losses by using smart risk management. Identify your Entry, Take Profit and Stop Loss levels before you enter a trade. If you stick by a smart trading plan you can substantially reduce your exposure to losses.
BITFINEX:IOTUSDLong
by StirlingBishop
IOTAUSD - 1D Chart Analysis After 3 consecutive days of growth, in which the price has been increased with 9%, the latter failed to break the Resistance Level of 0.5229$, meaning that another "peak" has been created. Excepting the MACD, which is indicating a possible continuation of the price increase, the rest of the technical indicators are showing the opposite scenario as it follows : * The RSI has reached a maximum level of 55 and it started to retrace * The stochastic is very close to a crossover above the level of 80, meaning that the price is "overbought" and we are waiting for a trend change * The upper standard deviation of the Bollinger Bands has been touched by the price, meaning that the latter is considered "overbought" * The trading volumes are getting lower and without any fundamentals, the price seem to start a slight decrease. In this situation, it seems that the next important moment will be the intersection of the price with the 20 days Moving Average and from there, we will have 2 possible scenarios : * If the price will bounce back from the 20 days MA, there are big chances for the Resistance Level of 0.5229$ to be "tested" again * If the price will go below the 20 days MA, the next possible "stop" will be the Support LEvel 1 of 0.4702$
BINANCE:IOTAUSD
by ReadBTC
IOTAUSD - 1D Chart AnalysisAfter the market went through a hard period, it seems that we are assisting to a slight "come back", with Iota being one of the coins which are leading the recovery process. The Stochastic's crossover on the 31st of October and the RSI's "oversold" position indicated these 3 consecutive days of growth but even if we had a price increase of 8.14%, the trend cannot be considered "Bullish" yet, as the price is still located between the 20 days Moving Average and the lower standard deviation of the Bollinger Bands. On the other hand, MACD's Moving Averages have just intersected, showing a possible continuation of the uptrend with the first obstacle at the Pivot Level of 0.4891$. * If this level will be broken, the next target price is the Resistance Level 1 of 0.5026$ * If the price will fail to broke the Pivot Level, the target price is 0.4662$
BINANCE:IOTAUSD
by ReadBTC
IOTUSD: Falling Wedge cracked below. Expecting a 1W support testThe 1D Falling Wedge broke downwards (RSI = 34.753, MACD = -0.020, Highs/Lows = -0.0276, B/BP = -0.0673) and a test of the 0.4039 Support is necessary to provide the next pattern. That will most likely be a Channel Down on 1D (blue dotted channel) that can extend up to 0.3199 as part of the Lower Low process. The overall long term trend remains bearish (1W RSI = 38.183, grey channel) and so do we on IOTUSD with TP = 0.3199, 0.1459.
BITFINEX:IOTUSDShort
by InvestingScope
1
IOTAUSDT SOME CLUES and MY ACTION PLANIOTA is one of a solid projects and they work with VW group and IBM -1.31% . I had some clues and wrote down detail on the graph. After these clues SHORT is a good option for me I will wait and get into train after it decides its way to go. Since pulse of BTC 0.06% is near stop, it has not decided yet which way to go and the overall market is waiting for BTC 0.06% except for pumpkin shitcoins :) People who want to get some risk can buy from this price and set a close SL. Please add your comments to improve ideas. Wish you have a profitable day
by PrinceElliott
IOTUSD: Falling Wedge near its bearish break-out. Still short.ioThe previous Descending Triangle on 1D has been discontinued as the price broke and remains below the 0.4978 support. As a result a Falling Wedge has emerged on 1D (RSI = 39.630, MACD = -0.018, Highs/Lows = -0.0063, B/BP = -0.0270) which should break towards the end of October and test the 0.4040 1W support. With 1W though still on a long term bearish pattern (MACD = -0.307, Highs/Lows = -0.0515), the 0.3200 November 02, 2017 should be tested. We remain bearish on IOTUSD with TP = 0.3199, 0.1459 (long term).
BITFINEX:IOTUSDShort
by InvestingScope
1
IOTAUSD - 1D Chart AnalysisAfter yesterday's failed attempt of crossing the 20 days Moving Average, we could see today another negative evolution of the price, confirming the bearish trend which started on the 11th of October. Other factors that we might consider for this scenario would be the RSI which seems that is heading to the "oversold" area, the Stochastic's crossover which is indicating that the price will start to decrease and the MACD which is clearly indicating that the downtrend is not finished yet. As possible targets, we can first consider 0.4708$ or 0.4600$ in extension.
BINANCE:IOTAUSD
by ReadBTC