Hello Everyone! Subscribers asked me to do a token analysis of IOTA/USD. And so we have a bullish trend which is not surprising in our case. We have a good signal on short. We are probably either in the 5th wave of growth or in the b wave of correction. But it doesn't make any difference as the place for short is good. It is also possible to enter short on...
POSSIBLE CONTINUATION PATTERN FORMATION ON IOTA. ONE MORE WAVE DOWN IS NEEDED BEFORE SEE THE BIG WAVE THAT WE ARE LOOKING FOR. IF YOU LIKE MY TRADING IDEAS, GIVE ME A LIKE AND SUBSCRIBE.
I think IOTA was unique, its different, but make a move like others, go up. Good Luck
Fibo Price Target 1:10 Risk:Reward Updated for clearer picture. O Support X Resistance Point & Figure a great charting technique to understand the sentiment. Basic trendlines also apply. Increasing O's indicate increasing buyer power and areas of supply. (Think of it as tug-of-war between X s and O s.) Target +7,5$ in first wave. SL on chart.
IOTUSD has already broke triangle pattern, and now it's moving upwards to maximum historical price. Volume increment supports bullish tendency. Recomendation: BUY. TakeProfit 1: 4.87977 (half the height of the triangle) TakeProfit 2: 5.53997 (height of the triangle) If you find this analysis helpful, don't forget to like and comment! :)
IOTUSD - broke triangle. But volume is too small yet for good rise. I expect rise, but bottom possible too.
Hi guys, There is an across the board alt coin appreciation and among the many coins which benefited, one is IOT. Yesterday, it broke above resistance trend line and closed above resistance at $0.50. With a stochastics buy signal and above average volumes, IOT bulls should find this formation as a perfect opportunity to go long and aim $0.65-$0.70. We wait to see...