Iotausd
IOTA showing signs of life! IOTA might be ready to make a run for it here with volume showing up past few days
We would need for it to closed above resistance and retest it as support before entering
Only then can we target local highs, which is a strong possibility if BTC starts to pullback and money flows into alts
IOTA - Under The Empty VoidAfter the pump caused by the news of IOTA's partnership with Jaguar Land Rover, it had since then fully retraced and fallen back down. This is highly bearish as it shows a lack of follow through and continuation from the bulls. IOTA/BTC pairing is currently showing a very decent risk to reward for bears as a breach of the recent low, which is also the all time low, will cause intense fear and a bunch of stop-loss cascade. There is no support left for IOTA, it's just a matter of when the support breaks. I believe this is a great gamble given the high r/r ratio here for shorts.
Iota,forgotten hero.Iota is slowly grinding to touch the daily 200 ema.It has been consolidating for a long time and is ready to burst.Once it breakes 0.42 it is free to move upwards.
But the rsi is also in shallow waters so be carefull- It might drop further.
Resistance 0.4~0.42$
Buy now with a SL at 0.28$