GalaxyTrader
Long

Fib and time fractal extrapolation for the end of year price.

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTA is unique and has the potential for a very high market cap. There are so many good things that are quietly happening behind the scenes with this crypto. I looked at the history of both price and time, and came to the idea that the fractal pattern would continue, as it so frequently happens with crypto.
IOTA is not a buy yet, I believe the best price would be sometime in June or July around $.75-$1.00.
Antworten
Love the outlook... but how is it possible for a fractal pattern to indicate future activity of IOTA?
Antworten
@GPUStar, Nothing here is guaranteed of course, but these patterns happen a lot in crypto. Sometimes with close observation we might be able to notice a repeating pattern. In this case with IOTA I could see that the large bull run at the last 3rd of the chart matches the one that happened in the first third of the chart (in time). So, assuming that the pattern repeats itself we can use both Fibonacci extension tool and fibbonacci time tool to plot the pattern. Step 1 was to draw the fib time tool from the start of the chart to that first peak in Aug. 2017, and note where the lines on the fib time tool line up. Then, just use the same tool to draw from the beginning of the chart to the very last highest peak and then use that same line that was seen on the previous pattern to project to the future time. The same process is then used for price projection using the fib extension tool. Makes sense? If not, I can illustrate in Photoshop.

I also noticed that this dec 31st time would line up with one of the founders bet that IOTA would be at number one in market cap near the end of the year. Wishful thinking? maybe! But who knows! This 34 dollar price would certainly put IOTA up there in market cap. I'm not good at calculating price so maybe not number one in market cap , but at least top 3.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden