With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being...
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days.
We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend.
Support level-1: 1.96 (Fib 0.5)
Support level-2: 1.45
According to Boston Consulting Group market analysis, Internet...
Tom Demark count gave a green 2 on daily chart. This is a clear buy signal for IOTA. Stoch RSI is oversold, this also confirms the breakout. There was a huge resistance at 1.04 area. This resistance is broken which also confirms bull trend. On previous breakout we had 0.60 USD increase. I expect a new ATH within 7 days.
Here is my trading advice:
Long at:...
IOTA Blake out Down trend
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