IOTAUSD vs IOTABTC Pair Analysis ( End of the year)
Updated
IOTA has bright future for sure.
However, we see the chart of against BTC (left) and against fiat (right).You can see 2 things.
1) IOTBTC hit the ATL. 0.00070. Support here.BTC is on correction stage. So BTC possibly being stable now.
2) IOTUSD hit the support. Third time retest 0.38-0.36. Strong Support here. It is downtrend triangle and it is ready to break out.
Based on these 2 charts and the situation of coin market. ( BTC flied to the moon USD 58xx). Predict cash flow will go to Altcoin. IOTA is one of those coins.
Prediction.
IOTBTC : go back to 0.000155 ( mean of the chart)
IOTUSD : go back to 0.73 => 1.09 => 1.31/1.45 in Nov/ Dec
Thank you very much.
However, we see the chart of against BTC (left) and against fiat (right).You can see 2 things.
1) IOTBTC hit the ATL. 0.00070. Support here.BTC is on correction stage. So BTC possibly being stable now.
2) IOTUSD hit the support. Third time retest 0.38-0.36. Strong Support here. It is downtrend triangle and it is ready to break out.
Based on these 2 charts and the situation of coin market. ( BTC flied to the moon USD 58xx). Predict cash flow will go to Altcoin. IOTA is one of those coins.
Prediction.
IOTBTC : go back to 0.000155 ( mean of the chart)
IOTUSD : go back to 0.73 => 1.09 => 1.31/1.45 in Nov/ Dec
Thank you very much.
Note
IOTA is forming H&S ( very likely)
Note
Waiting to break out. 0.47 break out downtrend
0.48 H&S confirmed
0.50 Uptrend confirm.
Note
Fibo 0.235 is broken. The downtren remain
iota stay around 0.36-0.35 until BTC fork.
Now observing the result of BTC fork.
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