IOTA (IOTA/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency6 years ago (edited)


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Iota Upate.png

IOTA W.png

Weekly

Looking at our trend timeframe we see price has found support at 7000 satoshis, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for a reversal, a close above resistance and expect a radical push towards 15000.

IOTA D.png

Daily

Shifting over to our pattern timeframe we see price has broke out of its minor downtrend and formed a higher high. Stochastic RSI showing momentum is looking for support, price has formed a higher low at 9000. A daily close above 9500 and expect a higher high to form near 13000, however if rejected at this level expect a sell off towards 7000.

Link To Chart

Conclusion

  • Buy: After Daily Close Above 9500
  • Sell: Por Que???

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


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@kidmartin-95, you are interested in reading, maybe you read me too

@kidmartin-95, you are interested in reading, maybe you read me too

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