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Iotausdt

IOTAUSDT Potential BreakoutWatch IOTAUSDT for a potential Trendline Breakout, and Trend Continuation Trade. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
3
IOTA rising slowly with no signs of exhaustionIOTA has had the classic full cycle pattern in USD terms and extreme capitulation in BTC terms. The IOTABTC chart is telling us much more than the one on the USD chart, and currently seems like accumulation ending with a wyckoff wick & spring, ready to blast above this triple top from the accumulation. IOTA overall is a project I wouldn't trust and I'd put it in the league of XRP and some others. I don't think it is functional, but somehow it also has a following behind it and its development team is very active. Anyways, price says up, so up!
BITFINEX:IOTUSDLong
by BitcoinMacro
2
IOTAUSDT, Will go high very soon?Hello traders, like always everything is clear on the chart for you. So consider and monitor the price behavior in the circles. It needs to try again to break the resistance zone for growth. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me . Hello be doostan. mesle hamishe hame chiz moshakhas hast. pas raftar gheymat ro tooye dayere ha rasad konid. gheymet baraye roshd niyaz dare ke dobare baraye shekaste mohdoode moghavemato talash kone. moafagh bashid. like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
Long
by ArashBanakar
2
IOTA - target projection 2.7 - 3.2 USDTechnical: 3.2 USD is still not off the table, although the pennant broke to the downside. We bounced strongly off the lower Bollinger Bands targeting the topper band again. Extension would lead to a new high and cross on MACD. When comparing Iota to Bitcoin , we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently, the price is at 3900 Sat and moving upwards again. Bullish divergence could drive the price much higher while being support by 20-day EMA . Touching the new resistance at 4300 should be likely, if not breaking through in the coming weeks on the way to the next strong resistance at around 5400 Sat. Fundamental: Chrysalis part 2 will be released tonight. NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. The energy consumption of Iota is by far less than what it takes to transact Bitcoin - around 5 million transactions one could do for the same energy it consumes for a Bitcoin transaction right now (1 Iota transaction uses 0.112Wh). The confirmed TX after the Chrysalis update can reach 1000+ TPS . Furthermore, 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!
Long
by UnknownUnicorn3707027
MIOTA Took Support At $1.55, Now Heading Towards $2.50IOTA price traded at $1.70 with a loss of 15.48% in the last 24-hour and 28.69% in the weekly time-frame. Furthermore, IOTA price bounced from the support of $1.55. In contrast, the market capitalization stands at $4.81 billion. Technically, investors can perceive a negative crossover in the EMA for a short while, and the price is below the 55-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: $1.55
Long
by tcr_thecoinrepublic
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!
Long
by UnknownUnicorn3707027