Project description:
IO.net is a decentralized infrastructure platform designed to enhance data storage and transfer across multiple blockchains, providing scalable, secure, and high-speed data exchange for decentralized applications (dApps).
Type of project:
Decentralized data storage and transfer protocol.
Is it under a block?:
Yes, IO.net operates as a...
🔍 Technical analysis: Bearish Flag
- In the analysis presented in the weekly Time, after a corrective trend up to the major ceiling area, it encountered demand, which led to a growth of more than 80%.
- Currently, in the 4H time frame in an ascending channel, in the middle area of the channel, as you can see in the chart, a bearish flag has been formed.
-...
🔍 Technical analysis: Retest the bottom of the ascending channel
- In the 4H time frame, after a price pump in the range of $162, it has been moving in an upward channel for some time.
- In this ascending channel, after hitting the ceiling of the channel 3 times and not being able to break the range, it has faced selling pressure.
- Currently, in the middle of...
We have a pattern with price-time similarity that looks like a diametric.
The length of each branch is between 22-23 days.
We seem to be in wave C now.
The vertical line is the minimum time that wave C should have.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For...
Today, I’m analyzing the 4-hour chart of IO against USDT on the Binance exchange. The current price of IO is $1.552, which shows a minor decline of 0.70% recently.
Key Resistance and Support Levels:
The chart identifies key resistance levels at R1 ($1.783) and R2 (higher, not visible on the chart). The support levels are noted at S1 ($1.533) and S2 ($1.269). The...
After a significant correction, IOUSDT is making efforts to reclaim its previous major support level. This is often a positive sign, indicating that the market may be stabilizing and setting the stage for a potential upward move.
IOUSDT is part of a significant GPU project, which adds to its appeal and long-term potential.For those looking to invest, this could be...
We've identified a 50% retracement that aligns with the level breakout. Take profits in stages at key levels, and move your stop to breakeven as the trade progresses.
Targets: 🎯
1.635$
1.696$
1.739$
🔍 Technical analysis: Movement in the descending channel
- According to the analysis presented in the previous post, after breaking the major ceiling, it continued to grow until the middle of the channel.
- Currently, it has faced correction in the daily time frame after the break of the medium-term ascending channel.
- Now it is moving in a descending...
🔍 Technical analysis: Pullback to the roof major
- In the analysis presented before , it was mentioned that it is located in a range area, which after creating demand in the green box area, it was able to advance to the supply area.
- But it is currently in a bullish channel in the daily and 12H timeframes.
- According to the bottom range of the channel, if...
IO can show in the coming time new confirmation depending on volume.
The coin shows interesting signals for new uptrend
we will follow the trend for more.
New updates follow this chart view.
🔍 Technical analysis: Descending channel
- In the analysis of the post presented earlier, it was moving in an ascending channel in the 1h time frame, which was corrected after failing to break the supply zone and touched the bearish target.
- Now it is moving in a descending channel in the 8h time frame.
- According to the behavior and structure, it is...
🔍 Technical analysis: Descending channel
- According to the previous post , after not fixing in the green box, the second scenario was realized.
- In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel.
- Now after the demand at the bottom of the channel and the green box area, it has broken...
🔍 Technical analysis: Pullback to Neckline
- The 8H and 12H frames are moving in a downtrend.
- Given the descending faithful, the return of the descending canal can be the broken structure to continue the descending route.
- If the money is on the line and cannot penetrate it and cut down the descending channel, it can continue the downtrend in the first...
🔍 Technical analysis: Triangle corner pattern
- According to the analysis presented in the previous post, after the inability to break the supply zone, it faced a correction and fell to the green box, which is currently a resistance to continue the path.
- Currently, a corner pattern is formed in the daily time frame.
- But now it can have two paths.
💎 ...
🔍 Technical analysis: Short -running channel
- The one -hour frame is moving after a modification in a short ascending channel.
- In the middle of the canal and in the area of resistance density.
- If it can be located above the area, it can have up to 6.25 channel ceiling and can grow with the middle of the canal to the supply area if the reaction.
💎...
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IO/USDT looks good here in a 2-hour time frame. Breaking out from the falling wedge-like structure in a 2-hour time frame. Long some here and add more in the dip.
Entry:- At CMP and add more up to $3.4
Targets:- $3.73/$4.23/$4.72/$5.14
SL:- $3.28
Lev:-...
Depending on the day trading trend IO shows a new volume increase which could be confirmed in the coming time frames.
IO Showing a positive signal for a low time frame
