IOTA has been trading sideways for some time since it recovered from the retrace from the run to ATH.
The prevailing trend should triumph and push the price out of the pennant. In this event, we have an immediate test of the 33k recent resistance level. Provided we break above this point, we will see it move onwards to test the ATH resistance. I don't think we...
Growth will follow trend channel with larger volumes pushing impulse waves to occur in smaller timeframes.
Long term bullish trend.
Entries should be made at lower trend line unless indicators do not reflect reversal.
POWR approaching it's primary trend line - completing stage 2 of elliot wave. MACD still downward on 4h, but converging on 1h - look for the bounce on the primary trend line.
T1 - 19k Sats
Opportunity to dump and Reload at Wave 4 at 14k Sats
T2 - 21.5k Sats
If breaks down of primary trend line, potential to retrace to primary support range of 3k Sats. Keep...
TRX moving in a strong channel - broken out of that channel and will either retrace to the 0.5 like it did previously or push on upwards to 1.382 and Higher.
Bullish on the CCI and bullish volume is moving it along nicely. Crypto Dogs could play with it's performance but we will analyse that once we see how the network handles it, if it deals well, then...
IOTA has gone near Parabolic.
Overbought on the RSI. In need of a retracement to stabilise the value of the coin to enable it to proceed.
If it finds support at the 0.382fib, opportunity to re-enter here, if not target is 0.618.
I expect it will consolidate and head to new ATH following a correction.
Feedback welcome, good luck trading.