#IOTA UPDATE.
#IOTA has lost the trend line support on macro level but on micro level IOTA has broken above the falling wedge but in order to move upwards IOTA needs to clear the "area of confluence" which is acting as the strong resistance
Little by little, IOTA is moving upwards with baby steps and seems to be willing to leave the magenta-colored zone between $0.06007 and $0.3634. Although there still is a chance that IOTA could develop a new low deeper in the magenta-colored zone, it would be well advised to not get too close to the resistance at $0.0600, as falling below this mark would bode ill...
I’m just gonna shake, shake, shake, shake, shake, shake…
IOTA should really turn up this Taylor Swift song and step up, for we expect the altcoin to shake off the recent correction phase and to move upwards, crossing the resistance at $1.0550. First, though, IOTA must finally complete wave ii in magenta, which could initially lead it a bit deeper into the...
Hi dear friends, hope you are well and welcome to the new update on IOTA (MIOTA) coin.
On a monthly time frame, IOTA has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
“Play up!“, we want to shout at IOTA because it is high time for the altcoin to show some upwards movement. In the process, IOTA should at least make it above the resistance at $1.0550 to indicate further ascent. Meanwhile, IOTA could also finish wave ii in magenta a bit deeper in the magenta zone between $0.36343 and $0.06007 first, though it has to be careful...
IOTA price enters bottom of its range in weekly chart as prices of most crypto went bearish recently.
However, price showing some bullish momentum in the weekly chart.
May need another confirmation before the Long run momentum kicks in.
Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth…
The first stanza of Robert Frost’s poem “The Road Not Taken” describes IOTA’s situation quite well. Two roads are spread before the altcoin – which one will it take? There is a 48%...
Past Performance of IOTA
Currently, IOTA appears to be bouncing off from Q1 2022 lows. The coin is up five percent in the past 24 hours, outperforming the USDT.
Despite the pullback, sellers are technically in charge from an Effort versus Results perspective. It is because prices are within last week’s trade range. Overall, IOTA is down 54 percent from Q1...
Iota has broken out and has retested the trendline, Its take Profit time. What does this mean Padawan
Hand me my Lightsaber
Leverage 20x
Entry- 0.6525-0.6623
Stop 0.6365
Hey dear friends, hope you are well, and welcome to the new update on IOTA (MIOTA) coin with BTC pair.
Previously I shared a long-term trade setup of IOTA, which is still in play:
Now on a 4-hr time frame, IOTA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Like a caterpillar, IOTA is crawling along the support line at $0.5736, its body moving fluently. We expect it to finish wave (ii) in blue and to pupate soon, at $0.5736 at the latest. Then, it should emerge from its cocoon as a beautiful butterfly, spread its colorful wings and fly upwards above the resistance at $2.0842. However, there is a 48% chance that...
Fly me to the moon,
Let me play among the stars,
Let me see what spring is like on
A-Jupiter and Mars.
In other words, hold my hand,
In other words, baby, kiss me!
After its long correction period, IOTA can finally start singing again. It has finished wave (ii) in blue and turned around just before hitting the support line at $0.5736. We now expect it to take off...
„Guess who’s back,
Back again,
IOTA’s back,
Tell a friend.”
After its short trip above the support at $0.9810, IOTA is back in the green zone between $0.8968 and $0.7442, imitating Eminem in his song “Without Me” by proclaiming:
“Now this looks like a job for me,
So everybody, just follow me,
‘Cause we need a little controversy,
‘Cause the green zone feels so...
Hello trading friends,
This is a small view of IOTA.
IOTA is into the interesting zone - possibly coming time a price change into Long if BTC stays stable and increasing trend.
Further shows the out-of-box trend possibility for new scalp trading.
It's important that IOTA should hold the 0,69 with a time frame and confirmation to stay in the positive...
IOTA has jumped off the cliff at $0.9810 and dived into the green thicket of sea weed between $0.8968 and $0.7442. Here, it has been swimming along for a while now, watching the wildlife of the underwater world. We expect IOTA to go a bit deeper still and to finish wave c in orange just below the green thicket. Then, the dive should be over and IOTA should...
