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IOTA

IOTA: Don’t Get Too Comfy!☝️After its steep descent from the orange-colored zone, IOTA has been relaxing a bit and puttering around between $1.1 and $1.2. However, it shouldn’t get too comfy because we expect the price to fall below $0.9810 soon. There, it should get caught by the green area between $0.8968 and $0.7442, finish wave c in orange and bounce off again. Still, there is also a 30% chance that IOTA could shy away from touching the $0.9810 mark and rather decides to take off earlier. If it manages to reach the resistance at $2.0842, further rise will become more likely.
BINANCE:IOTAUSDShort
by MarketIntel
1
7 Year old Bullish triangleWe just bounced off serious support, both within the LTCUSD and LTCBTC trading pairs. LTCBTC marked recently a historical low in relation to Bitcoin, hence we are witnessing increased volatility and significant growth in relation to USD. Considering the size of this triangular formation where support is clear targets in the area of previous top (c.413 USD) seem to be merely the beginning of the explosive growth which we will possibly witness within the coming weeks. T1 for this long term chart would be the psychological 1k, following further Fibo resistance levels. Never forget money management, risk/reward ratios, or stop-losses!
BITFINEX:LTCUSDLong
by crypto_poet
6
MIOTA IOTA Rejected But There Is Bullish Divergence On ChartsHi dear friends, hope you are well, and welcome to the new update on IOTA coin. Rejection by the resistance of weekly triangle: On the weekly time frame, IOTA is once again rejected by the resistance of a big symmetrical triangle. Small triangle: Priceline has formed a small triangle on the 4-hr time frame, and now it may retest the support of this triangle. But is IOTA breaks down this small triangle then it may test the support of a bigger triangle on the weekly time frame. Bullish divergences: There are different divergences that appeared on different time frames as below. 4-hr hidden divergence, as the priceline forming higher lows but RSI setting lower lows. Daily bullish divergence, as the priceline forming lower high but RSI setting higher highs Weekly bullish divergence, as the priceline forming lower high but RSI setting higher highs Therefore, soon we can expect a big breakout and long-term rally. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
$IOTA WHICH WAY TO GOLooking at the daily time frame of $IOTA, the ascending trend from March 2020 still continues. Apart from that, as of April 2021, the price continues to form lower tops and the symmetrical triangle pattern continues to form. In the medium term, my expectation is, after an upward breakout that the price will raise to the level of $3. In this case, red lines appear as ressistance. In the opposite scenario, with a break of ascending trend, the price finds support from green areas. Günlük grafiğe bakıldığında Mart 2020'den itibaren yükselen trend hala devam ediyor. Bunun dışında Nisan 2021 itibariyle fiyat dip tepeler oluşturmaya devam ediyor ve simetrik üçgen formasyonu oluşmaya devam ediyor ve sıkılaşmaya başladı. Orta vadede beklentim fiyatın yukarı yönlü kırılma ile kırmızı alanlarda düzeltme yaparak 3$ seviyelerine düzelmesi yönünde. Düşüş trendinde ise yeşil alanlardan destek buluyor.
by alplaila
IOTA Reached Long-Term Resistance With Bullish DivergenceHi dear friends, hope you are well, and welcome to the new update on IOTA coin. Long term resistance: On a weekly time frame, IOTA is trying to break out a low term down trendline resistance. The priceline has already bounced by the key support of $1 and broke out EMA 21 as well. Now EMA 21 weekly can work as strong support and price action can breakout the resistance for the big move. Bullish divergence: On a weekly time frame a big bullish divergence has also appeared, as the price action of IOTA is forming a lower high but on the other hand, RSI is forming a higher high. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
IOTA staking liveA combination of factors here will push this higher most likely. 1-Staking has gone live, a lot of people are moving iota from exchanges to the firefly wallet because of this which will restrict trading supply. 2- iota hasn historicaly underperformed making a favorite and easy short, this could lead a big short squeeze 3- a lot of exchanges (Binance) have have fraction al reserves for coins: that includes iota. A lot of people cant move from Binance to the firefly because of a lack of liquidty. That means big names will be moving to buy large volumes to cover themselves. a lot of things going right for a big pump here
Long
by MysteriousPersian