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Iotausdt

IOTA/USDT - IOTA: Trend_Reversal◳◱ An intriguing development has unfolded on the FWB:IOTA / CRYPTOCAP:USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.1677 | 0.1837 | 0.2145 and the significant support levels found at 0.1369 | 0.1221 | 0.0913. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.159, allowing us to take advantage of the projected trend continuation. Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies. ◰◲ General info : ▣ Name: IOTA ▣ Rank: 89 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex ▣ Category/Sector: Services - IoT ▣ Overview: IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW). Thus the more transactions occur, the faster the network can process new transactions, theoretically allowing the network to become more efficient as it scales. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.159 ₮ ▣ 24HVol: 1,827,655.453 ₮ ▣ 24H Chng: 3.448% ▣ 7-Days Chng: 12.59% ▣ 1-Month Chng: 6.28% ▣ 3-Months Chng: -9.42% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.1677 | 0.1837 | 0.2145 ◢ Support: 0.1369 | 0.1221 | 0.0913 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -23.01 ▣ Last 90D: -21.22 ▣ Last 1-Y: -18.39 ▣ Last 3-Y: -18.23 ◲◰ Volatility : ▣ Last 30D: 0.36 ▣ Last 90D: 0.41 ▣ Last 1-Y: 0.57 ▣ Last 3-Y: 0.94 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.70 - Bullish ▣ Reddit sentiment score is N/A ▣ In-depth IOTAUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
IOTA/USDT Need to break the pattern or Back to strong support ??💎 IOTA has certainly captured our interest, standing at a pivotal point. Currently navigating within a descending channel, IOTA is striving to breach the pattern's resistance, facing setbacks. Overcoming this boundary is essential for confirming IOTA's bullish momentum. 💎 A few weeks ago, IOTA encountered a robust support zone following a descent triggered by breaking a bearish flag pattern. 💎 This formidable area has repeatedly proven its strength, preventing further declines in IOTA's value on numerous occasions, observable on weekly or daily charts. Each interaction with this solid support has historically propelled IOTA into substantial rebounds, exemplified by the recent surge that led it to the pattern's resistance. 💎 However, should IOTA remain unable to shatter the channel's confines in the coming days, it might retreat, seeking solace in the familiar territory of its strong support zone, thereby testing its resilience once more.
by MyCryptoParadise_Nathan
4
#IOTA/USDT falling wedge#IOTA/USDT falling wedge According to the chart, the falling wedge or ending diagonal pattern is formed at the end of an upward trend, which promises the possibility of starting an upward movement. This upward movement can be both a long-term uptrend, and it can be a correction in the middle of a downtrend. Based on this pattern and the placement of the price at the bottom of the channel, we can expect to see the price grow up to one of the following targets. TP1: 0.19$ TP2: 0.27$ TP3: 0.35$ TP4: 0.55$ Price now: 0.1516 STOP LOSS: 0.1180
Long
by KhaniTechnical
1
The 0.1765-0.1968 section is the first diverging sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (IOTAUSDT chart) (1D chart) Could the current be the last low point of this time? This can only be known in the past. Therefore, rather than worrying about such things, it is necessary to focus on determining the timing of short-term buying by checking whether there is support or resistance at any point or section. In that sense, the 0.1765 point is an important support and resistance point. Therefore, the key is whether the price can sustain the price increase above the 0.1765-0.1968 range. To do so, it is important to be able to hold the price up until it rises above 0.1592 and the MS-Signal indicator turns into a bullish sign. When this happens, it's time to start short-term trading. Depending on whether this short-term trade rises above the 0.1765-0.1968 range or not, you need to decide whether to get a cash profit or leave the number of coins (tokens) corresponding to the profit to have the power to continue trading. It takes a lot of time to turn into a full-fledged uptrend, so it's tedious and exhausting to keep increasing your holdings until then. However, if you increase the number of coins (tokens) you have for profit, you will eventually be able to get a big profit. Whether it's worth taking IOTA into mid- to long-term trading that way is up to you. FYI, the current coin market is still far from the real world. Therefore, the real world, that is, whether or not there is business value, should not be used to determine the value of a coin. Whether or not the current coin is worth investing in is based on the number of users, that is, whether or not there is community power. ----------------------------------------------- (IOTAKRW chart) (1D chart) It needs to rise above 329 to turn into an uptrend. To do so, it needs to show a rise above 217 to hold the price. Based on the current trend, whether it can rise above the 217-283 zone will determine whether a trend reversal will begin or whether the cascade will continue. Therefore, in order to start trading IOTA, when it shows support around 217, I think it's when the MS-Signal indicator turns into a rising sign and shows support and rising. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** The trading volume indicator is displayed as a candle body based on 10EMA. Display method (in order of boldest) More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
3
#IOTAUSDT Buying Liquidity Emerges 💹💎Paradisers, rejoice as #IOTAUSDT has recently entered the buying liquidity zone after breaking below the descending channel. This development occurs when stop losses at the bottom of the channel are triggered, leading to increased buying liquidity. But we know that additional factors that are vital for analysis should be considered. 💎In the case of #IOTA, we observe that following the channel breakout, the price experienced a bounce off the 261.8% Fibonacci retracement level and formed a bullish divergence on the MACD. Moreover, #IOTA tested and rejected the area of a previously formed demand zone. 💎Taking all these factors into account, there is a higher probability of an upcoming uptrend for #IOTA. A reasonable assumption would be that #IOTA could ascend towards the top of the wide range, potentially targeting the $0.2062 resistance area, which represents a 20% increase from the current support level. 🚀
Long
by MyCryptoParadise