Seems like IOTA has a high correlation to BTCUSD. I think because, fundamentally, it's a Bitcoin competitor from a thousand miles away.
Looking at the charts, we're nearing a supply zone. When you look to the left side, profit taking happened. Be careful when the price reaches that zone as profit taking could definitely happen.
I suggest waiting for the price to...
IOTA is now at a level, where it bounced shortly after it started trading on an exchange. I so no reason, why it should not rise further, though. The fundamentals are strong. It would help if BTC stops shooting up and goes sideways for a while.
Wow! IOTBTC has been ultra bullish for days. There were short periods of selling but it didn't really drive the prices down. This can be attributed to a lack of price manipulation and also IOTA's fundamentals. It's the future of blockchain technology. So, nobody's selling, right? Would you sell if you know that this is the future of all blockchain? NO! Hence, the...
Yesterday, the market was indecisive. We just need a confirmation from today's price movement if it's up or down. If up, the last resistance would be 0.000188 before IOTA goes down. If down, there are two possibilities, it could go to reversal point 1 or go back to the base of the channel and pullback up again.
The uptrend slope for the current rally is kinda...
IOTA will be able to run smart ontract apps on its network thanks to this timestamp implementation. See news here: www.reddit.com
If NEO is overhyped, I think IOTA is underhyped. It is the future of blockchain technology. Smart Contracts + Zero Fees + Scalability + Blockless technology = Immense Potential
For the charts, IOTA will steadily be rising but could...
IOTA has seen some love recently, with good gains with momentum. Now it needs to test supports and refuel for higher highs. RSI is showing clear bearish div in overbought conditions.
Short @ 0.414$/0.0001455BTC
TP 0.35$/0.000118BTC
SL 0.416$/0.0001457BTC
Thanks for viewing, and happy trading!
