BINANCE:IOTAUSDTPERP   IOTA / TetherUS PERPETUAL FUTURES
Technical Analysis Summary
IOTA /USDT

TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND ONE INTERNAL )
We have 1 uptrend in green color
Be careful trends need to be modified when broken to the new peaks.


FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow levels are daily levels from the past I added them just for educational purposes.


Good luck everyone, stay safe!
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Comment: Internal Uptrend has been broken that's why we saw the drop in IOTA.
The first 1H support has held.
We should retrace the old uptrend to the new low and keep an eye on the new internal uptrend.
Trade active: Both Internal Uptrend and Downtrend are broken and need to be retraced to create the new trends.
The last 1H level at 1.0494 is not holding the move.
We have created new resistance levels.
I WILL BE POSTING A NEW IDEA ON IOTA SHOWING ALL THE NEW CHANGES.

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