Realistically - from this moment on we go to the moon :D That is obviously not a financial advice :) On the serious note - we are witnessing here long term bearish breakout with confirmation
An updated version of stocks pegged to IOTA which has a fixed supply to eliminate the supply variable when trading. Supply is often changed by the federal reserve policy. Printing money, changing interest rates, etc... This makes it hard to asses the value of the stock market. By fixing supply with IOTA's limited supply pegged against the market. The only...
Looking interesting, possible run on IOTA. Possible trend continuation could spark another run throughout the alt markets.
Some of us like me have been trading this coin from the $0.157 levels and based on measured move in technical analysis, IOTA is likely to hit a major target and resistance of approximately $0.300 before retracing to test and potentially find support on $0.2201 comfortably. NOTE - This is a weekly timeframe so it may take a couple of weeks or less to play...
Technical analysis: . Miota/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price...
Technical analysis: . Miota/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000267 to 0.0000213). if so, traders can set orders based on Price...
All description on the chart. Please, don't forget to like and follow. Thank you.
IOTABTC which is up around 30% so far in January has broken above the 200 day moving average for the first time in 10 months. The idea of Coordicide is starting to be positively received by the crypto community as more people are understanding the plan and implications. Has the year of accumulation for Iota come to an end? Maybe..
IOTA; made breakout and there is H&S- Bearish Cypher Pattern.. We are ready for a new wave, Break a leg!
The price reached another resistance line, and it is SMA200. The price action in this zone will be important for further market movement. As the market made a good upward movement, a reversal, and a correction after that will be logical. We will be able to get new buy opportunities after the correction, where the best will be based on a reversal from the uptrend...
IOTA is currently testing the top of its bearish channel, this may lead to a retest of the top of the channel as it looks more like a breakout rather than a retest. Alts are pumping, bitcoin dom is dumping!
$IOTA Trying to flip ~2273 sats resistance level into support with slowly growing volume.. If happens, good room to grow with target at ~2700 sats (15%) Tight SL under current level just in case... #IOTA