IOTALong
No fee you say? That sounds like technology with some potential!
Aktualisiert
When IOTA first came out I read up on it. It was interesting but I thought it was way overvalued.
I ended up missing this big rise. Today I am looking to add it to my portfolio as it's looking bullish to me :)
So this is getting in late, but I see much room for IOTA to grow. It's a a nice addition to any crypto portfolio!
Fundamental
This blog post from IOTA should be read. Setting the record straight.
I liked how they handled this situation. It shows good managment :)
IOTA is solid technology and putting some faith into the project could potentially pay of with a fairly good return.
No fees is a real good selling point with BTCs current condition.
They are working on some exciting things. Check their website (also really cool website! :P)
I have limited understanding with the technolgy just to state that, but I have heard good things from people I trust.
Technical
I like the IOTA chart :)
Overall I think we might be in the third wave and with much room to grow on.
So right now we are consolidating a little bit here. Testing some fibs. I have outlined a good buy area. Let's see if it can go down there before it starts climbing again.
The target I am looking at for this third wave is between the 3.618 (19.3 UD) & 4.618 (24.6 USD).
If this goes terribly wrong then the biggest support area is back at 1 USD. I dont see that happening, but I could always be wrong.
If the waves is correct then there could be a major fifth one later in 2018 with IOTA.
I ended up missing this big rise. Today I am looking to add it to my portfolio as it's looking bullish to me :)
So this is getting in late, but I see much room for IOTA to grow. It's a a nice addition to any crypto portfolio!
Fundamental
This blog post from IOTA should be read. Setting the record straight.
I liked how they handled this situation. It shows good managment :)
IOTA is solid technology and putting some faith into the project could potentially pay of with a fairly good return.
No fees is a real good selling point with BTCs current condition.
They are working on some exciting things. Check their website (also really cool website! :P)
I have limited understanding with the technolgy just to state that, but I have heard good things from people I trust.
Technical
I like the IOTA chart :)
Overall I think we might be in the third wave and with much room to grow on.
So right now we are consolidating a little bit here. Testing some fibs. I have outlined a good buy area. Let's see if it can go down there before it starts climbing again.
The target I am looking at for this third wave is between the 3.618 (19.3 UD) & 4.618 (24.6 USD).
If this goes terribly wrong then the biggest support area is back at 1 USD. I dont see that happening, but I could always be wrong.
If the waves is correct then there could be a major fifth one later in 2018 with IOTA.
Anmerkung
If you have been following my Portfolio-Spreadsheet, you know I added it to my portfolio yesterday.Why?
I didnt feel like waiting on this one. Quick to miss out. If it goes down, I'll just hold and watch my areas and look for bearish signs.
The first resistance I am looking at is between 8.5-8.8 USD.
Anmerkung
Damn! Should have had some buys down at the 1 USD support.But its hard to catch these spikes.
Anmerkung
Time for an overdue update on IOTA!Considering the massive increases in other top coins lately, IOTA has dissapointed.
But if you bought in my buy area your in profit though :)
I believe we could see a couple big days for IOTA in the close future.
Looking at the 1.618 from last run. Not sure if I will sell or hold if it gets to that point.
Will keep updating trade idea :)
Anmerkung
Overdue update yet again on IOTA, but not looking to bullish for the short-term.Could easily go down to test the 0.236 fib.
Trade wurde manuell geschlossen
Selling my IOTA at 2 USD. Down 44.1%.Selling out the majority of my coins today, as I see signs for a sideways market until summer or so. Hodling on to Ripple, Bitcoin, Peerplays & Unikoin :)
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