SUMMARY
IOTA is a coin I had recommended at sub $1 and at that time a few months ago, many had doubted the call because of the supposedly high inflation rate with new coins. Well, IOTA went as high as $5.30 and is now doing a healthy correction. Note the MACD and once it dips a bit lower, perhaps in a divergence from price, it would become oversold, indicating that there are no more sellers so that the bulls can take back control. The chart below shows an a,b,c,d,e type as being the primary. If this is correct, then the Elliott Waves should take IOTA to $12.22 or higher!
Here is the alternate with an expanded flat a,b,c correction type. However, given the "Hurry Up & Wait" syndrome of Altcoins, this correction type is too quick and doesn't allow the longer elongated corrections. Still, it could morph into something other pattern which could be shared at later post.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
BCH
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will EOS follow EMC2?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I didn’t give one iota about several coins until Haejin analyzed them
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sry for being a Noob, but who's Haejin and where can I read what he say's about IOTA?? Thanks! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hmm.. You're reading about it. This post was actually posted by @haejin, and this post specifically talks about IOTA.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly, I agree totally with you 🤝
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey all!
I have put together some picks. They are low market cap coins that I believe have great potential for profit. Obviously there is risk and do your own diligence before buying. I am not a financial planner or advisor.
In no particular order:
(Follow me on my new Steemit for daily picks, and have an excellent day!)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Laddering in !!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Iota, a cryptocurrency for the internet of things. I've been a long time hodler of this one since you recommended it. I wish I didn't have to leave all of it on Binance as I'm not a trader. I believe in Iota as a long term hold but they don't offer a simple wallet for the average guy. If anyone knows of an offline / cold storage wallet for Iota, please let me know.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cool thanks for the info. If I ever do a serious “smart home” I want the info on a cyber-secure blockchain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Follow @haejin and you’d never be lost, follow @creating-wealth for business and life changing tips too
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In fact, I think their new wallet update is pretty good.
But if you still don't like it, there will be a new wallet in January (no later than 31st). The so called Trinity Wallet is expected to be trend setting in terms of usability.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Epic
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
really nice call. Thank you for MACD :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, sir @haejin! I remember when you were calling IOTA around the .50c range and XVG in sub penny range. Thanks very much for those calls! And Now, I started buying DCN coins and hoping for a repeat of XVG. As always, Upvoted and Resteemed!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
GREAT POST MY DEAR REALLY
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey all, was writing my first Post and got massive last minute downvotes, no upvote support.
I was curious about it, i didnt remember exactly was i was writing.
I thought i was maybe just writing sh*t, cause i was high from Spraypaint... Roundup ready on my Bananas or whatsoever.
So i checked it out out and who wonders: Berniesanders and his "friends" downvoted me, didnt even read my words :
https://steemit.com/life/@benben-ben/why-the-bully-is-a-bully##@steemitboard/steemitboard-notify-benben-ben-20180110t122459000z
posted it again, if you like my words, just give me upvote
https://steemit.com/steem/@benben-ben/what-to-do-with-the-bully
if u want me shut up, just ignore ;)
Appreciate your support, thank you.
Massive Profits to all of you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi bro! What's your opinion about bccx the bitconnect coin? They just started an ico starting at 50usd per token. Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Iota next station $9
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
amazing post.
upvoted and resteemed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
IOTA has no inflation. It was premined and it is not mineable now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How can I buy IOTA with a credit card?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Allright @haejin... That would be awesome + UPVOTE ! I hope they are working on a
better and user friendly wallet. I don't want to store it longer at Bitfinexed...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Haejin!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome post as always. My work is similar. check it out guys! ADA technical analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post. Thanx for sharing. Upvoted and resteemed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So much respect I got for you. I love your blog and I can say you’re a role model in cryptoanalysis 👍🏻
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Iota will easily reach the $12 zone you show, EASY,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
tks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haejin thanks for sharing your expertise. Could we get analysis on 1stBlood and RedCoin?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Been holding sub $1.00!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very good job dear @haejin
I like it..all post dear
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for your time to share this post , this post have great information @haejin
resteemed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bought it to early :-(, but will go up, so who cares :-) Next time I will be more patient ...
Thanks for update @haejin !!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If only the Tangle would allow my transaction to make if from the IOTA Wallet to Binance!
Keep Steemin!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Enjoy the vote and reward
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very good post and useful ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have some IOTA on Binance..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great content as always, thanks for sharing! One of the best real world uses for Crypto at the moment with great potential. Makes up a major part of my portfolio! cheers mate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this an informative info.upvoted and followed.
thanks a lot...
carry on..your own forces...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haejin we both agree. Guys! I do what Haejin does as well! See my Elliot Wave technical analysis / follow. I'll make sure it's fun and educational but most importantly profitable. See my IOTA TA!
https://steemit.com/bitcoin/@philakonecrypto/iota-jan-10-technical-analysis-consolidation-then-bullish-uptrend-300-long-term
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Was holding IOTA for 2 recent month, and price was at range 3.25-3.50 all that time
Not the best crypto to invest in my opinion...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Patience friend. You didn't buy at the perfect time so now you have to wait a little longer for profits. Give it 2 months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bought at 5$ after selling NEO for 37$ .. that was before knowing haejin
the 3.25 - 3.50 range has also nailed me down
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bad timing here too, just have to wait. Better than have to sell and make a loss ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I didn't buy into Iota at the ideal time, but I'm glad that I have some in my portfolio to hang on to. Thanks for the post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Once iota is used more in real world applications, iota will take off
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting, where do you think all the money needed for this coins to go higher in price, will come from? Any news related to new developments? Investment funds?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I missed the IOTA breakout last year ... who did aswell?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
HODL guys! February will be a very bullish month for so many altcoins 🚀
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Please follow him on Stocktwits at https://stocktwits.com/HaejinCrypto !!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Master Haejin, please do NXS. Thanks in advance!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The crypto world will change in the next few days!!
Want to hear more about the revolution?
Donate dollars and i will show you the near future (it’s not what you think).
(What the big boys dont want to show you)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i placed buy order after your analyse
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I want this, I see $ 10 veey soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hope you're right. but for IOTA it is much more about fundamental analysis than technical analysis
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
haejin what do you think about atomic coin? is a gotcha?
haejin que opinas sobre atomic coin? es una estafa?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hop this happens I bought before the bottom but I would love to see >$12!
Honestly I think beyond the speculation that this tech has great real world potential. IOT will need lighter weight solutions and blockchain is so good for supply chains. Put the two together and there are formidable use cases for this tech.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great predictions, I created my first ever post which I think people will find funny to read. Could some people spread the word :)
I quit my high paid job yesterday to do this so am a bit worried haa. I actually mention IOTA.
https://steemit.com/bitcoin/@cryptoadviceltd/quit-my-job-yesterday-my-honest-journey-in-cryptocurrency-the-highs-the-lows
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
IOTA going high and high and it think i agree with you that iota will be heigher then $12!thank you sharing these kind of information!we are enjoying your post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
IOTA is a long term bet. Internet of things devices , AI and blockchain together are deadly combination... I am betting heavily on IOTA...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Iota is a brand new and novel micro-transaction cryptotoken optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin and the like, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name "Iota" with emphasis on the ‘IoT’ part.
The number of connected devices that will permeate our modern landscape in the coming decade is estimated to be 50 billion(!) Each of these are designed to make the world a better and more seamless place for us. Tied to this fantastic promise are of course a ton of obstacles to be overcome, of which one major one is micro-transactions. These connected IoT devices must be able to automatically pay miniscule amounts to one another in a frictionless manner without having to compromise on product design by introducing additional hardware. This is why Iota was conceived.
While it was developed as a solution to scalability issues faced in IoT, the underlying protocol is agnostic and can be applied in any other use-cases that utilize micro-transactions.
In order to achieve these audacious goals Iota’s design diverged radically from blockchain cryptocurrencies. It still retains the core principle ideas of the distributed consensus blockchain, but in order to be able to scale to the size of the coming Internet-of-Things ecosystem with tens of billions of devices that are connected to each other, it needed to be very lightweight and efficient. This problem is solved by Iota’s core innovation: the tangle.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Many of my IT pals love IOTA.. practical coin, focused.. let's see!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very informative......
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
haejin que opinas sobre atomic coin? es una estafa?
haejin what do you think about atomic coin? is a gotcha?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Im so ready for a breakout!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great analysis, are you not concerned about the massive supply? & of course the massive advances in technology that surely are to follow?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit