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mysticalwalrus
Dec 16, 2021 5:25 AM

IOTA Enters Buy Zone after Restest Long

IOTA / TetherUSBinance

Description

IOTA is a great alternative to other assets associated with it that do not have good entries. Luckily I believe not only will IOTA print, but it gives great staking rewards as well. As you can see the RSI is just low enough to warrant a buy on the 1D chart. There is a large cup and handle pattern which produces a major target of around 3.9. However, I would not be surprised to see this go further once the market starts going. Anyways thanks again and tell me what you think!

This is not financial advice. Do your own due diligence.
Comments
Stoneford
Nice to see IOTA @imnotgoodatall ! Quite an interesting approach IOTA has (tangle). Hedera Hashgraph (HBAR) is also interesting.
Bitfinex has data from juli 2017. Top was 5.8. I wonder if IOTA could reach 10 this run. If it runs it runs fast but if it drops it falls like a brick :-)
mysticalwalrus
@Stoneford, Yes I like IOTA! The staking rewards are nice too. I think it is definitely going to make some big moves during the run.
Stoneford
@imnotgoodatall, iota on the run.
mysticalwalrus
@Stoneford, Yes it is!! Happy times for anyone who likes buying dips!
Mancomfortable
WOW... it took me about 15 min to realise the cup and handle starts in 2019! I was looking at a triangle and getting excited!
mysticalwalrus
@Mancomfortable, Yea its had great structure. This is one I added more of since the dip. I wanted to add MATIC, but the price just isn't right for me yet.
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