MIOTA broke trough off the lower boundary of ascending channel. Asset broke trough the support level. Bearish movement to support level at 0.186 is expected to happen.
IOTA is ready to take off in a few weeks.. with Shimmer airdrop and all other development's being added to IOTA eco system or network.. My conservative target is (618) $13 but it can go higher based on the Fib..
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.
Peace
Breakout setup back in play. Waiting for a weekly close here but not beyond me to entering small and early if LTF price action shows a strong possibility.
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).
HTF showing a major reversal pattern here. May provide a nice breakout setup above 0.42.
A cool 110% measured target so keeping this in my radar especially with lotsa altcoin breakouts happening...
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)
TP -...
