I like to tell you guys about this nice Crypto.
It has fallen from the top around 1,25 to around 0,15. But it has definitely bottemed now.
My target for short term is about 0,60$.
But on the long term I believe this crypto can reach dollars! Like 10$ maybe or 20$ if it gets a big as bitcoin is now.
This cypto got a lot of potential because it is yet only...
I like the setup here. IOTA has huge potential and I think this is just the tip of the iceberg. Don't sleep on IOTA.
Buying pressure have subsided as seen on the DMI. It could retrace down/pullback before moving up.
When it goes up, see the target at 1.618 fib.
In the last post, a symmetric triangle was identified, after resistance break an immediate target was achieved, at next major resistance.
However, this resistance zone was not pose any resistance at all, so we could see a price rally to higher levels, and DMI confirms it. RSI and Stochastic (not shown) look overbought.
Market is currently struggling at the 0.786...
Since its launch, IOTA started a bearish trend, however, after finding support at 0.1427 USD trend changed from downtrend to range conditions.
There are mixed signals. In the 3H chart there is a bearish divergence, however, on the daily chart, PVT shows a bullish divergence. With the highest volume since launch. This could mean that if bulls dominate, price...
Compression in Iota forming a symmetrical(ish) triangle. Here'e how I'm playing it.
If we break support here, short.
If a green 4 hour ichi posts, go long with a stop below support
If we get a green 4 hour ichi rally, then a red 4 hour ichi posts, i will sell and reshort, with a stop above resistance
Rinse and repeat until we get a breakout.
First resistance at .29. Second is at .32.
IOTUSD seems to be doing well in the month of July. I think it's because people are recognizing its value and more and more media publications are writing about IOTA.
The Cryptocurrencies had a spectacular run in the last couple of months. But since mid of June they all moved into a rather nasty correction. Bitcoin went below 2,000 USD already while Ethereum lost more than 65% in six weeks. Yet they are oversold and getting interesting again.
I have been buying IOTA over the last couple of days. It´s up 52% today :-) ! As...
