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Iotausdt

IOTA - a little chance for another 400% price increase The IOTA price is coming up again and currently being traded at around 1.10USD/MIOTA. Many were calling for the start of a new bear market due to the recent price drop. However, even the drop to 0.57 USD is quite insignificant when looking at the larger picture. At the current new bottom at 0.57 USD IOTA still traded at a 1000% higher price than one and a half years ago. Looking at technicals such as MACD and assuming we have the new bottom in, a bull flag could play out leading to a much higher price if we break-out to the upside in the coming months. Volume on the weekly is much more in the favor of the bulls. +400% seems surprisingly optimistic, but one should never underestimate momentum and many bears have been proven wrong in the recent past. Therefore, let's put a bullish prediction on the table: 6 USD in a bit less than one year This is not financial advice. Happy trading!
Long
by UnknownUnicorn3707027
2
💡Don't miss the great buy opportunity in IOTAUSD @iota Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2663). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . IOTAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 1.5745 TP2= @ 1.8226 TP3= @ 2.1680 TP4= @ 2.3656 TP5= @ 2.6258 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6