IOTA 140 $ LONG TERMIs IOTA 140 dollar price target crazy to call ?
No , just by reading the chart it's easy what it did at the bottom; a 10 x and it will be more epic when it will be forming the U-form and do back a 10 x.
Do you think I am crazy or just realistic view ?
I would like to read your comments and to hear from you.
Peace
IOTA
IOTAUSD WYCKOFF Analysis - Bullish - #IOTAA combination of Wyckoff Analysis and 'off-chart' Upcoming IOTA updates/upgrades/news
We noticed IOTA going through an Accumulation phase from August 2018 until February 2021 when it then exited to enter the 'Re-accumulation/Preliminary Supply (PSY)' phase.
There is still no sign that IOTA has reached Phase A of Distribution so this shows that IOTA still has alot of room to grow.
IOTA is also corralated with BTC and BTC is also Rising. You can check my Idea on BTC/USD here
SUMMARY:
1) According to the WYCKOFF Analysis IOTA exited the accumulation phase and is headed towards Phase A of the Distribution, which means it will grow rapidly from here
2) IOTA is corralated with BTC and BTC is also rising
3) There are many upcoming upgrades/updates on IOTA in the following weeks/months that will create hype and also assist in pushing the price up
Overall, I believe IOTA will grow massively in the coming weeks/months
Please let me know your comments, Ideas - any feedback will be appreciated
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Not a financial advise, this IDEA is only for educational purposes
IOTA: Another movement coming soonPrice is accumulating between 1.1 and 1.7 for a while. In 3D timeframe we can see clear wedge pattern and also RSI is close to the support on uptrend line.
So all in all:
- Any daily close between $1.8- $1.9 will confirm that another strong bull run is around the corner
- There can be one last downward leg to $1.4 level before we see green candles on 3D timeframe. You can tell this with checking how price reacts when it touches to the upper - lower trend line inside the wedge.
When the price breaks $1.8-$1.9 zone, there is no reason to not hit $5 in a very short term.
IOTA La Pump de ChrysalisChrysalis is a big upcoming update happening on the 24th of April for IOTA. Likely, the price will push up because of the event and might dump after it goes live, but we'll see about that later.
The current formation is known as a leading diagonal, which is a short-term bearish pattern, with a longer-term bullish outlay. This means that price dips 5 - 30% first, before initiating wave 3 of the 5-wave cycle from Elliot waves.
The dip may have already happened or not, just don't set your stop loss too tight or you get left out (my stop loss is at 1.10).
Targets
1. the first target is the first resistance formed around 2018 when IOTA started a huge dump, which is around 2.75 USD. check the BFX chart for IOTUSD to see this data.
2. the second target is the 1.618 extension of the current leg, which is somewhere around 3.
3. the last target is the ATH that IOTA reached somewhere around 2018, which is around 6. Also, check this on Bitfinex data.
Good luck traders and please don't over-leverage like I just did.
IOTA (MIOTA) - April 8 Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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You should watch for any movement that deviates from the 1.4942213-1.84039802 section.
In particular, it remains to be seen if it can gain support at 1.55251884 and climb along the uptrend line.
We have to see if we can get support by climbing to the 1.84039802-1.95578998 range.
If you fall from the 1.49422213 point, you need a short stop loss.
However, you need to trade carefully as you can touch the 1.29319710 point or the uptrend line and move up.
If it falls in the 1.03265428-1.14804624 interval, a Stop Loss is required to preserve profit and loss.
If the CCI line falls below 100 on the CCI-RC indicator, there may be volatility and you need to trade carefully.
It remains to be seen if the CCI line can break above the EMA line and continue the uptrend.
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(IOTABTC 1D chart)
2889 Satoshi-3555 We must watch for any movement that deviates from the Satoshi section.
If it falls, we need to make sure we get support in the 2667 Satoshi-2889 Satoshi section.
If you fall at 2566 Satoshi, you need a short stop loss.
If it falls at 2222 Satoshi, Stop Loss is needed to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
I oughta row, row, row IOTA here.... Break through... PLEASEMaybe the latest news will spurn some life into this floating boat and push us out of this boring little boat we are trending in. There is a small MACD confluence accompanied by a minor uptick in volume and a stochastic uptrend. Does that mean I can jump ship or ride her to paradise island. Look for a little pop... just a wee bit more confirmation and maybe she's heading on up to the EAST side. Probably to join a street gang.
Here's a quote from IOTA about nine hours ago.
#IOTAQuicktakes - Let's start the week with the latest #IOTA news? The IOTA #token officially on #BinanceSmartChain, the new #Pollen upgrade with #mana being used by #FPC #autopeering, the IOTA #CaWEndar and more. youtu.be
IOTA can be one of best altcoins during this bullrun. BIG PROFITIOTA is very very good project. This coin have solid foundations. This coin is on our golden list of altcoins and it will give use huge profit in this bullrun. Holders will be rewarded.
If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel free to join us on our website!
IOTA (MIOTA) - March 31Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
We have to see if we can get support and climb at 1.49422213.
If it goes down, you need to make sure you get support at 1.38050147.
If you fall at the 1.38050147 point, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls in the 1.03265428-1.14804624 interval, a Stop Loss is required to preserve profit and loss.
It is expected to reorient itself by ascending to the 1.84039802-1.95578998 section.
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(IOTABTC 1D chart)
It remains to be seen if we can get support at the 2566 Satoshi point and follow the uptrend line to the 2667 Satoshi-2889 Satoshi section.
The 2566 Satoshi point is a point where you can enter to ascend above the 2667 Satoshi point.
If you fall at 2473 Satoshi, you need a short stop loss.
If it falls at 2222 Satoshi, Stop Loss is needed to preserve profit and loss.
If the 2667 Satoshi-2889 Satoshi section is supported, it is expected that there will be a move to ascend more than 3555 points.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
A Quick Update for IOTA/USDT Analysis❇️ IOTA Wants To Reclaim Its Past Glory With a Major Upgrade And Lots of New Features
“ The IOTA project in 2021 is a completely new project compared to 2017 because as you can probably understand when you start from nothing, which IOTA really did, and you build up something, you make many mistakes along the way.”
IOTA is not your typical blockchain. In fact, it’s not even a blockchain. Its data structure technology based on a directed acyclic graph (DAG), or “The Tangle,” promises, in theory, to be effectively superior compared to a standard blockchain.
✅IOTA has recently released its decentralized oracle which will enable decentralized applications to receive and verify off-chain data. It may happen that IOTA oracles may now become rival to other oracle platforms like Chainlink
The IOTA Foundation has announced that they will be launching Firefly, its new wallet by the end of the year. It will come with features like reusable addresses, profiles etc and enhance the network performance.
And the alpha version of the same will be released this month replacing the infamous Trinity wallet.
✅ Chrysalis Network Migration -
IOTA is about to embark on a major network migration to Chrysalis. Chrysalis was announced in 2020, and the migration is planned to happen this April 21, 2021. It has several critical improvements, among them the elimination of the controversial coordinator node that was so heavily criticized for posing an excessive centralization of the network.
Investors are, of course, eagerly awaiting it, and the optimism is noticeable.
refrences: blog.iota.org- coinswitch. co
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for IOTA/USDT, the price is trading at around $ 1.4 .
It seems that after its recent 100% growth in the last month, it is stabilizing and the process of correction and be ranging is coming to an end, so by completing at least three more waves, Iota completes its cup pattern and then according to The chart can continue its sharp movement after completing the cup handle and reach its specified targets.
but Iota can play it own special game in its ascending trend!
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you agree
Shining Future for IOTA ...More than 400% profitabilityFrom the very beginning of its existence, the IOTA project has been one of the most well-known crypto projects in the community. Thanks to the partnerships with Jaguar Land Rover, Volkswagen, Microsoft, Fujitsu, Audi and many more, the project won the people’s love.
What is IOTA (MIOTA)?
IOTA (MIOTA) is a cryptocurrency project designed for settlements on the Internet of Things (IoT) system. The project is based not on the blockchain, but on the Tangle technology.
The total number of IOTA tokens is limited and equal to 2777 530 283 277 761 units of IOTA currency.
Currently, the total market cap of the coin is over $923M USD in MIOTA. The 24h trading volume of the currency is above $27M USD. According to the cryptocurrency rating website CoinMarketCap, the coin takes 28 place in the top 50 cryptocurrencies in the world by market cap. At the time of writing, MIOTA price is staying at $0,3364 USD .
Over the past months, the coin price in terms of BTC has been rapidly heating up to 0,000037 BTC per 1 MIOTA. However, since then, the coin price has been falling down to the current marks.
IOTA (MIOTA) Blockchain
As it was mentioned above, IOTA is not deployed on a blockchain network. Unlike Bitcoin (BTC), IOTA has no issues with scalability.
The more participants join the IOTA network, the faster transactions can go through. Moreover, commissions for conducting transactions are not charged even with a small amount of transfer.
In addition to that, the project is based on the quantum-proof protocol called Tangle, which solves many cryptographical issues that may appear in the upcoming future.
IOTA (MIOTA) Price predictions
At the beginning of 2019, the MIOTA coin price was at the $0,38 USD level and even managed to hit its high in May, when the coin reached $0,56 USD. Eventually, due to the regulatory uncertainty, audit issues speculations and crypto winter, the IOTA cryptocurrency price began to decline gradually.
Recent Improved IOTA
According to Dominik Scheiner, the IOTA and IOTA Foundation co-founder, all credit goes to the team behind the development and the IOTA community for enabling the upgrade. In his opinion, the second phase will offer more improved features compared to this one.
Currently, IOTA is considered to be among the fastest networks, offering 10-second confirmation speeds. This is a considerable improvement from the previous 80-second rate.
The Future of IOTA Blockchain
Sequentially, Trinity desktop wallet holders and node runners should upgrade their applications to fit the update.
The second phase, whose development started months ago, should come online later in the year. The whole purpose of the Chrysalis upgrade is to create a better ecosystem for an effortless transition into the Coordicide phase.
Before the launch of Coordicide, IOTA hopes to be enterprise-ready with the additional features present in IOTA 1.5 phase two.
The IOTA price saw a bearish rejection against USDT
Best Regards and successful trades