Chart is pretty self-explanatory. We could potentially have a really nice long setup for IOTA here. Price continues to bounce off this important support level, while RSI is showing a big bullish divergence building up on the 4hr. Like Bitcoin, I am not expecting a long-term move to the upside but we will assess when we get there.
I look at the chart and what I see? An exponentially decaying price, down 97.5% of its ATH. I pity the poor souls who bought the top.
What else? It fell under its bottom longterm trendline and now it is just testing it. My god this coin is so dead, I won't be surprised if they shut down its network tomorrow...oh wait.
After previous breakout down and hitting Stop Loss new entry setting
Possible 50% profit trade worth taking R:R for me
Trade on your own risk (Educational TA)
IOTA/USD Weekly & Daily Chart.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This...
Iota is up 100% this year, but in a brutal downtrend since its binance listing.
Iota has great fundamentals but hype and a misinterpreted microsoft partnership pumped the price to unhealthy levels.
One of the important points to determine iotas potential future lows is the all time ROI and iota is up +1278% since its ico which is the second most successful ico...
An updated version of stocks pegged to IOTA which has a fixed supply to eliminate the supply variable when trading. Supply is often changed by the federal reserve policy. Printing money, changing interest rates, etc... This makes it hard to asses the value of the stock market. By fixing supply with IOTA's limited supply pegged against the market. The only...
Eu amo o projeto da IOTA.
A Internet OF THings é algo fantástico.
Sem duvida uma das coisas de tecnologia que mais são fascinante.
Tenho acompanhado o bear market crypto e a IOTA foi uma das que mais sofreu.
Mesmo a tendo cumprido entregas importantes no roadmap do projeto e trazendo novas soluções
para a tecnologia o preço não parou de cair e mesmo nas curtas...
1D Rsi shows highly overbought conditions. This relief rally, after a new all time low since trading started against TUSD on Binance, is most likely followed by a big retrace seen in Iotas price history.
Me being short term bearish on bTC too supports my idea since IOTA follows BTC more or less.
Seeing support at 0,15 while also seeing old support become...
I feel like we are building excelent levels and maintaining those levels of support while rising. I am currently looking to open a long position if we drop back down around .21 or .22
#IOTA one of the most usefull coin Please consider to invest into this currency - in my opiniom it should make simmilar run like ETC -in chart I showed the reverse trend after head and Shoulders pattern - breakout .
#UVU
# UVU
BUY: www.hotbit.io
CHECK:https://coinpaprika.com/coin/uvu-ccuniverse/
SITE: ccuniverse.org
I am...
