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Trading
IOTA Technical Analysis – Retest of Broken Support?
IOTA recently broke below support at the 0.9600 level then dipped to 0.8000 before pulling up. Price seems to be retesting the broken floor before heading any lower and the...
Tag: IOTA
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TradingIOTA Technical Analysis – Will Triangle Support Give Way?
IOTA is currently testing the bottom of its symmetrical triangle and looks ready for a break below support. Technical indicators are looking mixed, though, as moving averages are pointing to...
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TradingIOTA Technical Analysis – Triangle Consolidation Still Holding, Resistance Next
IOTA has formed lower highs and higher lows to trade inside a symmetrical triangle consolidation pattern on its 4-hour time frame. Price is gaining some traction off its bounce from...
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TradingIOTA Technical Analysis for 07/19/2018 – Symmetrical Triangle In The Works
IOTA has formed lower highs and higher lows to create a symmetrical triangle pattern on its 4-hour chart. Price just bounced off the top and could be due for a...
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TradingIOTA Technical Analysis for 07/10/2018 – Bearish Channel Action Resuming
IOTA looks ready to resume its selloff after bouncing off the top of its descending channel on the 4-hour chart. Applying the Fibonacci extension tool on this quick pullback shows...
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TradingIOTA Technical Analysis for 06/29/2018 – Short-Term Triangle Break
IOTA broke down from its symmetrical triangle consolidation pattern to signal that further losses are in the cards. The chart pattern spans 0.8800 to 1.0600 so the resulting drop could...
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TradingIOTA Technical Analysis for 06/06/2018 – Reversal Pattern Confirmation
IOTA appears to be completing a reversal pattern on its 4-hour time frame and could be due for a move to the extension levels next. Price is in the process...
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TradingIOTA Technical Analysis for 05/23/2018 – Reversal Pattern Confirmation
IOTA broke below the neckline of its head and shoulders pattern to signal that a downtrend is underway. This chart pattern spans 1.8000 to 2.6000 so the resulting selloff could...
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TradingIOTA Technical Analysis for 05/17/2018 – Double Bottom or Head and Shoulders?
IOTA could be in for a rally as it formed a double bottom reversal pattern right on a major support area. Price has yet to break past the neckline around...
