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IOTA

IOTA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. IOTA is sitting around strong demand zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: IOTA is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated , IOTA would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
33
IOTA/BTC - recovering quicklyIota is doing well in comparison to Bitcoin and has been leading BTC pair chart with a few others Alts such as Ada. The Iota 2.0 dev net is now officially running with all key components for a decentralised network. We might see more exchanges offering Iota and potential partnerships being announced due to the Chrysalis release which could lead to more positive market sentiment. Bitcoin is going sideways with low volume. Once we see a move to the down or upside with high volume, we will see if Iota is able to increase in price. I expect alts to drop once again harder if we see Bitcoin falling through 30k. However, on the long-term Iota is performing well & YTD growth is better than most other Alts.
by UnknownUnicorn3707027