IOTA can increase!BINANCE:IOTAUSDT
IOTA is forming a bullish rounded bottom which means the price can increase after the break out happens!
the expected bullish movement is as much as the depth of the rounded bottom!
also we can see a bullish divergence on MACD!
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IOTUST.P trade ideas
IOTA LongRWA’s first mover potential: IOTA is a decentralized platform designed to facilitate the Internet of Things by enabling the feeless microtransactions secure data exchange. Crypto News Flash Nov 12, 2024, article Iota Powers Realizes Tokenization in Abu Dhabi Global Markets "Neovision Wealth Management and Realize—two firms based in the UAE’s international financial center, Abu Dhabi Global Markets (ADGM) —announced the launch of the Realize T-BILLS Fund. The fund purchases units of American ETFs that focus on the country’s Treasury bills and converts these units into tokens that investors can buy, hold, and sell on the IOTA and Ethereum blockchains. At launch, the fund will focus on ETF offerings from the two dominant players: BlackRock with its iShares and State Street with SPDR.")
Bullish chart: Volume has almost doubled since the last Bull Run in 2021. The time from starting price at 2.13 through bottom and first bull run in 2021 is 973 days which has also hit this month to initiate the new bull run. A retrace up to EW Intermediate 3rd wave and .618 Fib could be in the near future with a 4X potential $1.49 to $2.13. The banana zone will possibly take the price to 4.31. Notice the grey box as target from January 13, to 27, 2025.
IOTA on the verge of…Inverted chart. Inverted head and shoulders is clearly seen. After a failed attempt for breaking the shoulder looks like FWB:IOTA wants to try again. So two scenarios can happen:
1- Price will reach 0.50$, after that it will face a rejection, so the second attempt fails and in that case IOTA can touch its previous ATL again.
2_ Bulls are turnt enough to break the shoulder, price stays above 0.50$, and the previous ATH can be touched.
Before anything, FWB:IOTA should break the $0.42 resistance. If that doesn’t happen the price can reach $0.20 but it’s really unlikely to happen, I’m still thinking that IOTA will try to break the shoulder with another attempt.
So it’s either
$0.42 is broken >>> $0.50 is broken >> previous ATH or even a new High.
Or
The price is rejected at $0.42 >>> $0.20 can be touched >> then either the previous ATL will be touched if things get bearish or a again, another try for breaking $0.50 can happen from there.
IOTA ANALYSIS🌸#IOTA Analysis : Bullish Trend 🚀🚀
🚀As we can see that there is a formation of Flag & Pole Pattern in #IOTA in 8 hr time frame. Right now #IOTA is trading above it's crucial support zone and we can see a bounce back from its support zone 💪
🔖 Current Price: $0.3569
⏳ Target Price: $0.4330
⁉️ What to do?
- We can trade according to the #IOTA chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#IOTA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
IOTA/USDT Analysis
#IOTA Trend Break : #IOTA has broken out of a descending trendline, signaling a potential trend reversal.
Fibonacci Support: Price bounced from the 0.786 Fibonacci retracement zone, confirming strong buyer interest at this level.
Projected Targets 📈
🎯 Target 1: $0.6258
🎯 Target 2: $0.7232
🎯 Target 3: $0.8101
Prepare to BUY Spot IOTAUSDT on the New H4 and D1 Cycles
🌟 Position Yourself for Strong Gains with IOTAUSDT! 🌟
🌍 Market Overview:
IOTAUSDT is showing strong bullish signals across both H4 and D1 timeframes, presenting an excellent opportunity for short-term gains.
📊 Trade Plan:
📌 Entry: Around $0.29 – Optimal entry point aligned with the new cycles.
🎯 Target: +50% to +100% – Aiming for substantial returns within the short-term timeframe.
⏳ Hold Time: Up to 1 week – Designed for quick but strategic trades.
🔍 Strategy Insights:
My custom indicator RainBow MG3 confirms a high-probability upward movement on both H4 and D1 cycles.
Favorable market conditions and volume trends signal strong momentum for achieving the targets.
🚀 Next Steps:
💬 Contact me for tailored advice or additional strategy insights.
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 IOTAUSDT is set for an explosive move – Don’t miss this opportunity! 🔥
IOTA at $0.28 Support: Breakout or Breakdown Ahead?IOTA/USDT is trading within a descending triangle pattern, indicating consolidation with lower highs and steady support.
The initial support is at the $0.28 level, providing a key area to watch for potential breakdowns.
A breakout above the descending resistance trendline could trigger a bullish move, with targets in the $0.36-$0.38 zone.
DYOR, NFA
IOTAUSDTGood accumulation phase observed, indicating strong interest from buyers. The asset shows a strong potential to grow, with consistent higher lows and increasing trading volume. Price action suggests a bullish sentiment, with key resistance levels being tested. Breakout opportunities are visible if momentum sustains. Watch for a potential pullback to establish new support before the next upward move. Strong potential to grow
IOTA/USDTKey Level Zone : 0.3257-0.3646
HMT v1.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
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IOTA price is ready for further growth?Another “old man” #IOTA woke up, whose price was in a downward trend: 2021, 2022, 2023 and almost all of 2024)
Today, OKX:IOTAUSDT finally managed to break through the strong mirror level of $0.45
1️⃣ Further, to continue the growth, buyers need to keep the price above $0.45
2️⃣ If this is done, there is a good chance of continued growth. But starting from $0.68 and up to $1.88, there will be a lot of people willing to sell this asset, which has been in the holding for more than two years. This, in turn, may affect the growth dynamics.
3️⃣ If the #IOTAUSD
price cannot be kept above $0.45, it is advisable to keep in mind that a possible correction to $0.20 is possible.
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