A little speculation here, but since Iota hit my hard resistance and tanked, it's looking more and more like this has been a reoccurring theme throughout its short exchange life. Check out the peaks followed by a steep fall then reaching new highs. This is telling me that in a matter of days Iota should be on its way back up the ladder. However, the news about...
Everybody is waiting for the 1$ line! With more then 20.000.000 %volume trade in the last 24 hours (BITFINEX) IOTA will hopefully perform the long awaited lift-off to the moon!
IOTA made a nice channel run. It made 200% in 10 days . Steadily pushing upward, not many brakes. If we didn't manage to get in during the light pullbacks or if we tried to short the market we proly had a hard time watching it from distance. Now we can see a possibility to enter the market if the price come any close to the lower trend line. We can see...
In this Marketsituation it would be not an surprise if we see a new all time high for iota or at least a test in that range in dont want to be greedy - the risk reward ration is great at that moment :) no advice just an opinion ;)
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...