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.
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IOTAUSDT.P trade ideas
🚀 **IOTA/USDT - Long Position!** 📈🚀 **IOTA/USDT - Long Position!** 📈
Here's your step-by-step guide to this exciting trading opportunity:
🎯 **Entry Points**:
- Step 1: Secure your entry at 0.1412.
- Step 2: If the trend is in your favor, consider entering at 0.1445.
- Step 3: Further opportunities at 0.1469.
- Step 4: The ultimate target is 0.1522 - the sky's the limit! 🚀
🛡️ **Safety First**: To ensure your financial safety, set a stop loss at 0.1371. This acts as a safety net in case the market takes an unexpected turn.
🚁 **Prepare for Liftoff**: Now, it's time to go long on IOTA/USDT. As you progress through the entry points and your position starts to gain momentum, keep your sights on those targets. With patience and strategy, we're ready to soar together into the world of profit. 🌠🚁
Happy trading, and may your journey be a prosperous one! 📊💰
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.
IOTA / IOTAUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#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
Bullish Head and Shoulders PatternFormation:
The Bullish Head and Shoulders pattern typically materializes after a downtrend. It consists of three key components: a left shoulder, a head, and a right shoulder. These components form peaks on a price chart.
Left Shoulder:
The left shoulder is the first peak and is often the result of a significant price decline. It marks the beginning of the reversal pattern. However, it does not always need to be a perfect peak and can exhibit some variability in size.
Head:
The head is the central and highest peak in the pattern. It represents a point of extreme selling pressure. The head is typically the lowest low in the pattern, indicating a strong downward push by bears.
Right Shoulder:
The right shoulder is the last peak before the trend reversal. It is usually lower than the head but higher than the left shoulder. It signifies diminishing selling pressure.
Breakout Confirmation:
The breakout occurs when the price of IOTA/USDT rises above the neckline, 0.1479 . This event signals a bullish trend reversal, and it's an entry point to go long on the asset.
Price Target:
To estimate the potential upside, measure the vertical distance from the head to the neckline. Then, add this measurement to the breakout point where the price moves above the neckline. This projected distance gives a rough target for the price movement.
Caution:
While the Bullish Head and Shoulders pattern is a reliable indicator, no pattern guarantees success. Traders should employ risk management strategies, set stop-loss orders, and consider other market factors before making trading decisions.
Pullback IncomingIOTA is an open-source ledger technology and cryptocurrency tailored for the Internet of Things (IoT). Instead of a traditional blockchain, it employs a directed acyclic graph for its ledger, which could offer better scalability. Unlike systems that rely on miners, in IOTA, any node introducing a new transaction must validate two prior transactions. This mechanism eliminates transaction fees, making microtransactions viable. Currently, the IOTA network relies on a coordinator node managed by the IOTA Foundation for consensus. This central point makes the system centralized for now.
IOTAUSDT may drop 56 % IOTA has been in a downtrend for a long time.
It can't break the downsloping resistance and we believe that the key support may break on the next retest.
If it happens and we get a capitulation, then IOTA may drop even 56% and retest all time lows from 2020. It would be a great buying opporunity for a LONG TERM investment.
ETHBTC is bearish now which also confirms our bearish bias on IOTA:
Do you agree? Let us know in the comment section.
IOTA SELLINGLooking at the daily time frame, we are beginning to see bearish moves. So it's time to sell. You can make some money selling on the futures section from this. Below are the entry and take profit points.
Stop loss: 0.1761
Entry: 0.1722 - 0.1675
Target 1: 0.1660
Target 2: 0.1595
Target 3: 0.1532
I usually advise to leave the market at take profit 2, don't be too greedy. Market presents a lot of endless opportunities. Also remember Bitcoin determines the market trend, so trade with caution. Show me support by liking and commenting on this post. I am also open to opinions of others.
Here is IoTA Buy TradeHere is My Study On IOTA
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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information dissemination. Use with caution.
This Is Not A Finacial Advise
Finally Iotas Preparing For Massive Bullish Rally Seems Like Has Already Bottomed Out And Getting Ready For Massive Bullish Rally In Midterm
Formed Falling Wedge In 2 Days Tf And trying To Break It Incase Of Successful breakout Expecting Massive Bullish Rally
Incase Of Breakout expecting Move Towards 0.60$
IOTA Spring-loaded for a 'Hook' Rebound: Bottom-Bounce 🚀IOTA Gears Up for a 'Hook' Move off the Bottom 🎣📈
IOTA/USDT 3-day Chart: Primed for Action 💥
--> Unlocking Potential = Breaking 16 Cents Resistance <--
A Strong Project, ISO 20022 Compliant 🌐 #Crypto #IOTA
IOTA is a unique cryptocurrency that employs a revolutionary technology called the Tangle, a directed acyclic graph (DAG), instead of a traditional blockchain. This enables feeless microtransactions and scalable network growth. IOTA aims to power the Internet of Things (IoT) by facilitating secure data and value transfers between machines. It stands out for its focus on scalability, security, and efficiency, making it a promising solution for IoT applications and beyond. IOTA's innovative approach has garnered attention from industries seeking to leverage its decentralized architecture for various real-world use cases.