Bullish 4hr Divergence on IOTAIOTA have their biggest ever upgrade (Chrysalis) starting on the 21st and completing on the 28th. Expecting the bullish trend to continue.
IOTUST.P trade ideas
IOTA - buyers are strong below 2 USD, do not panic sell hereTechnical:
Our target at 2.18 USD has been reached and price overextended to 2.7 USD. Right now we are witnessing a huge sell-off (-40% at peak), mainly triggered by a chain reaction of margin longs being liquidated. At the moment we are finding support at the prior resistance line around 1.9 USD. BB Mid is at 1.88 enhancing this level. From here on I am placing buy-orders down to 1.60 to potentially leverage a few more spikes to the lower support line. Personally, I would not panic sell here as a second and potentially third drop should not be that strong. These are buy levels.
Fundamental:
The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin . The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
IOTA possible break-outGraph must be followed and if it breaks the trend line, then it will be a good opportunity to buy. but be careful about the candle of 4h.
please do your own research, and this is not a financial advice.
In addition to, you should keep an eye on 21 Apr 2021 because of ''Chrysalis Migration'' update for IOTA
IOTA TRADE SETUP / IOTAUSDT1- CONSIDER STOP LOSS
2 - this idea does not mention TIME, ONLY the price movement is analyzed
3- this is only a technical analysis not a prediction
4- its easy to be wise after the EVENT
5- happy trading
IOTA/USDT PairIn my TA, This pair has a tremendous upwards run and ready to breakout from this price zone of 2.20 to 2.4 for 3 USDT.
IOTAUSDT Local S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – IOTAUSDT – trading above its local S/R where in impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Low Volume
IOTAUSDT’s immediate price action is resting on support that is in confluence with the Local S/R and the .50 Fibonacci – this allows for a long bias.
The swing high is the current objective, exceeding this level increases the probability of a trend continuation.
The volume profile as of current is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, IOTAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
MIOTA Breaks Above $1.50 After Chrysalis UpgradeIOTA Price traded at $2.12 with a loss of 0.34% in the last 24-hour and 25.07% up in the weekly time-frame. Furthermore, IOTA bounced from the support of $1.50. In contrast, the market capitalization stands at $5 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.85
👀🧐If one or 2 candle close above resistance ,after poolback on it u can buy it,i think with the news of update it have a good move ,lets see what happen🍻
iotausdtmomentum is high... correction deep is less than before .....If channel breakout happen maybe same thing happen
IOTAUSD WYCKOFF Analysis - Bullish - #IOTAA combination of Wyckoff Analysis and 'off-chart' Upcoming IOTA updates/upgrades/news
We noticed IOTA going through an Accumulation phase from August 2018 until February 2021 when it then exited to enter the 'Re-accumulation/Preliminary Supply (PSY)' phase.
There is still no sign that IOTA has reached Phase A of Distribution so this shows that IOTA still has alot of room to grow.
IOTA is also corralated with BTC and BTC is also Rising. You can check my Idea on BTC/USD here
SUMMARY:
1) According to the WYCKOFF Analysis IOTA exited the accumulation phase and is headed towards Phase A of the Distribution, which means it will grow rapidly from here
2) IOTA is corralated with BTC and BTC is also rising
3) There are many upcoming upgrades/updates on IOTA in the following weeks/months that will create hype and also assist in pushing the price up
Overall, I believe IOTA will grow massively in the coming weeks/months
Please let me know your comments, Ideas - any feedback will be appreciated
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Not a financial advise, this IDEA is only for educational purposes
IOTA/USDT : Below Binance's ATH BINANCE:IOTAUSDT
Hello everyone 😃
IOTA has reached Binance's ATH, It's located at ~2.145$
Also IOTA had a breakout from rising wedge recently.
There will be a retest on wedge's higher line and then it could break 2.145$ resistance line...
📌 How ever there is a heavy support zone around 1.7$ !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
IOTA Long PlanI Think IOTA is currently struggling on the resistance, I want to point out where I think where Iota will going which around the green line and that's where I'll buy depends on how it fall
