Things played out exactly how I envisioned it.
The bulls kept us just above 2.09 to close our monthly candle.
Weekly fractal pattern has potential to draw out one more leg.
Accumulation is happening across timeframes on 1hr and 4hr at the important monthly level of 2.09 we just closed a monthly candle above. This is probably one of the most bullish signals...
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.
#IOTA - Look on this weekly $IOTA Chart - we are reaching an important long term resistance now. As soon as we reach a very important long-term resistance, the price drops. We need a takeover of this level at $2.81 to start heading to the ATH.
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(IOTAUSD 1W chart)
You should watch for any movement that deviates from the 1.91239677-2.51335617 section.
In particular, we have to...
IOTA, 3D, significant break and backtest of 1.41 completed. All momo oscs keeping bullish posture, MACD renewed green on current candle. Entry at or below 1.50 maintains 3:1 R:R on first target - slow and low, time will tell.
After a strong sell to start the week, the cryptos now look like they are ready for the next bull run.
IOTAUSD is one of the best pairs a see with a long term consolidation period that it is ready to break out of.
BUY/HOLD from this entry.
Good morning people 👍
𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $MIOTA ?🤑🤑
I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 0.91 USD
🟨A good entry : 1.15 USD
🟥Risky entry : 1.55 USD
⬛Danger zone : 0.75 USD
PD : Black zone is dangerous if the price...