Technical (TD Sequential):
2M
2W
3D
Fundamental
Conclusion
2M
- Last candle close formed a Red 9 and has been confirmed by a +75% pump, long term bullish
2W
- Currently forming a green 9
- EMA/SMMA cross up, bullish, but will probably pull back first
3D
- Last candle close formed a green 9
- Holding so far in the channels equilibrium
- Seems strong but stalling short term, pump needs to take a breath,
Fundamental
- Chrysialis Upgrade Part One was just released and the network runs currently on a stable 50 - 70 CTPS / <10s confirmation Time (!) at the moment - feeless obviously.
- IOTA releases a lot more stuff until the end of the year: Roadmap
Conclusion
- I expect a short pullback (for ~2-3 Weeks)
- I expect a pullback to the 0.30 - 0.35 area
- The best has still to come according to 2M chart and fundamental analysis
Note
Another Idea / Approach:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.