Since 26 Mar 2021,that I posted the last analysis for Iota , It has been declining till now , where that I exactly told you guys ;iota is compressing in a kind of symmetrical triangle pattern,also there are some EMA cross under signals,so there is a possibility of falling ! =====>>>. ( More than 70% 1x short )💰🤑
So today as you see on the Weekly timeframe for IOTA/USDT again , after a massive drop recently reached the demand zone , in this week it was able to record a pretty good candle on the local support zone , and already had a positive MOM divergence ,now it can start an uptrend ,it can reach the higher resistance levels and likewise to fill higher VG (Volume gap ) or test higher key zones OR even test VWAP line , but likely will get rejected at the higher resistance zones . ! but otherwise if losses the current support zone it can continue its consolidation phase through DEMAND zone for longer time !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
I agree, I think we can definitely go higher from here. Thanks for sharing!
TheNewsCrypto
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Great Effort, Good looking
parissap
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great analysis
metza24
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Nice Chart! Thanks
Solldy
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It's a beautiful chart. You have a very good use of technical analysis tools. When you analyze the long term, do you consider the fundamental analysis?
PRO_SMART_Trader
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@Solldy, thanks mate .I know you'd do the best also . some times I do , bcz I also believe fundamental and facts ,all gathered in the price and chart .
Zestiria
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Thank You Again Pro, Like To Support You!
SwallowPremium
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Many possible ways for this one, what do you think would be the most possible? thanks for the post