Is IOTA 140 dollar price target crazy to call ?
No , just by reading the chart it's easy what it did at the bottom; a 10 x and it will be more epic when it will be forming the U-form and do back a 10 x.
Do you think I am crazy or just realistic view ?
I would like to read your comments and to hear from you.
In my last analyse, I said that IOTA will target 5 dollars.
Like you see the left right shoulders is on point and if 1.05 dollars is sustainable then the next resistance is 1.80 dollar.
If it breaks the U-form (6 dollars), i expect 12 dollars on the long term, because they will make their own smart contracts soon.
Like and share if you agree with me.
See related idea for a bit more info on this setup. If breakout is confirmed, reasonable target to would be 0.90 area representing a measured move from the inverted head and shoulders setup (see weekly chart in related idea).
Target is WAVE C > *A - B = C (100%)
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
If today candle close above slim yellow line, then price will likely move towards bold yellow line. Then hopefully breakout-retest-and blast off to infinity.
Fundamentals of this project are so unbelievable, mIOTA is massively undervalued at this time. There has been a plethora of great news this year, including: partnering with the Linux Foundation, OMG Global...
IOTA - IOTAUSD - Technical Analysis - 37%-326% Profit Expected
Get Ready For A Big Move ... 3x - 4x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.24 - 0.64
(37%-326% Profit Expected)
Priceline of MIOTA / Tether US is forming bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for...