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Trading
IOTA 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...
Tag: IOTA
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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...
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TradingIOTA Technical Analysis for 05/09/2018 – Ready to Aim Higher?
IOTA continues to trend higher against bitcoin as it previously bounced off the bottom of its ascending channel on the 1-hour chart. Price has also broken past the mid-channel area...
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TradingIOTA Technical Analysis for 04/18/2018 – Some Signs of Hesitation
IOTA has been on a tear against bitcoin recently, thanks to the consistent developments in its own space. However, price is stalling at a major area of interest visible on...
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TradingIOTA Technical Analysis for 04/16/2018 – How High Can This Go?
IOTA is trending higher since its upside breakout from the wedge pattern previously highlighted. Price is now trading above an ascending trend line connecting the latest lows of price action....
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TradingIOTA Technical Analysis for 04/11/2018 – Watch Out for a Wedge Breakout!
IOTA is trending lower to bitcoin still, moving inside a descending channel on the 1-hour chart but looking ready for a test of resistance. If the top around 0.00015 holds,...
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TradingIOTA Technical Analysis for 03/20/2018 – A Bit of Consolidation
IOTA is still trending lower versus bitcoin but is testing another resistance level at the top of its falling wedge. An upside break could lead to a reversal from the...
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TradingIOTA Technical Analysis for 03/12/2018 – Bearish Trend Channels
IOTA continues to trend lower as the cryptocurrency industry has faced several setbacks last week. Against bitcoin, IOTA is in a downtrend channel and is slowly making its way to...