IOTAUSD trade ideas
IOTAUSD will go to 5 dollars !Based on a monthly left right shoulders , this pair named iota/usd will surge to 5 dollars.
I analysed this because i see a huge lef right shoulders potential with a outside bar in the last month.
IOTA is also busy with making their own smart contracts, so this is actually more bullish in my opinion
It's not a shitt coin !
You wanne be rich? Invest !
BUY SIGNAL ON IOTUSD. NEW UPTREND COMING SOON?Hello traders, follow and comment if you find the analysis useful.
Ater two months (September and October) testing supports and resistances within a channel between $ 0.23 and $ 0.295, prices broke the trendline reaching $ 0.43 before a new drop.
The MACD indicator provides a signal of the beginning of a new uptrend that we try to seize hoping that the IOTA projects will consolidate in the coming weeks by projecting the prices of the crypto towards the psychological target of $ 0.5.
If the positive signal of the indicator does not reflect on prices in the short term we could foresee a new period of low volatility in downtrend.
